Breaking: Ripple-Backed XRP Treasury Evernorth Nears Nasdaq Listing With New SEC Filing
Ripple-backed XRP treasury company Evernorth has taken another step toward becoming a publicly traded company with a new SEC filing. It has submitted Amendment No. 7 to its Form S-4 registration statement to the U.S. Securities and Exchange Commission today.
Ripple Affiliate XRP Treasury Firm Evernorth Files Updated S-4
The filing, which was made on August 25, 2026, concerns the proposed combination of Evernorth Holdings and Pathfinder Digital Assets with Armada Acquisition Corp. II.
Evernorth is working on positioning its value as a dedicated XRP treasury-focused firm. The company will be listed publicly as part of the business combination and the company aimed at listing on the Nasdaq is expected to be traded under the ticker “XRPN.”
However, the latest SEC filing is not a substantive update to the transaction terms.
The document states that only Amendment No. 7 was filed because of a clerical error on the signature page of the registration statement. The original filing had mistakenly left out a signature block for Ripple Labs Inc., the only member of the Pathfinder Digital Assets.
The amendment thus provides for the missing signature and makes related amendments to the registration statement. Evernorth explicitly states that there were no other changes.
The filing also acknowledges the underlying business combination agreement between Armada Acquisition Corp. II, Evernorth Holdings, Pathfinder Digital Assets, SPAC Merger Sub and Company Merger Sub and Ripple Labs. This agreement was originally signed October 19, 2025.
The latest filing keeps the proposed transaction moving through the regulatory process as Evernorth works toward its planned public-market debut.
What Does It Mean For XRP?
For further context, the listing of Evernorth is important for the digital-asset market and is closely connected with XRP. It would offer another way for investors to access XRP via the equity markets, instead of holding the crypto directly.
After Amendment No. 7 has been filed, the remaining steps that must be taken before the transaction is completed. Thereafter, the combined company can be listed on Nasdaq under the ticker symbol XRPN. Meanwhile, the crypto community netizens expect such a listing to boost XRP price.
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