EverNorth's Nasdaq listing one shareholder vote from approval

EverNorth, the XRP treasury company, is one shareholder vote away from listing on Nasdaq under the ticker $XRPN. Armada Acquisition Corp. II shareholders vote September 30 on the SPAC merger that would take the firm public.

The listing depends on that vote clearing. EverNorth previously raised $30 million in convertible notes from South Korean investor NH Investment & Securities — contingent on the SPAC merger closing — with proceeds earmarked for XRP acquisition ahead of the planned debut.