Evernorth Holdings, Inc. announced today that the U.S.

Securities and Exchange Commission has declared its S-4 registration statement effective, allowing progress toward a public listing.

The SEC application involves Evernorth's proposed business combination with Armada Acquisition Corp.

II, a special purpose acquisition company (SPAC), through which the firm plans to list on the Nasdaq.

Evernorth is a digital asset treasury company designed as a regulated vehicle for public market investors seeking exposure to XRP (XRP).