Armada Acquisition Corp. II
AACIW
NASDAQ Global Market0.28
USD
-0.04
- -
CIK
0002044009
ISIN
KYG0R38M1190
Return %
Stock
S&P500
1Y
3.26
26.53
3Y
364.67
76.60
5Y
-44.24
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Stephen Herbert
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 1760 Market Street Philadelphia PA United States of America 19103
- IPO Date
- Jun 24, 2025
- CIK
- 0002044009
- Website
- armadaacq.com
- Similar Companies
- Business
- Armada Acquisition Corp. II Armada Acquisition Corp. II is a blank check company, or special purpose acquisition company (SPAC), incorporated in October 2024 as a Cayman Islands exempted company and headquartered in Las Vegas, Nevada, that focuses on effecting mergers, share exchanges, asset acquisitions, share purchases, recapitalizations, reorganizations, or similar business combinations primarily with targets in the financial technology (FinTech), software-as-a-service (SaaS), and generative artificial intelligence (AI) sectors. The company offers no current products or services beyond its SPAC structure, which provides public market access to innovative small- and middle-cap technology firms unable to tap traditional capital markets; it trades Class A ordinary shares and warrants separately on Nasdaq under the symbols AACI and AACIW following its initial public offering of 23 million units at $10 each in 2025, generating $230 million in gross proceeds including the full exercise of the over-allotment option. Geographically, it pursues targets without limitation to specific regions while leveraging its management team's global expertise in FinTech trends. In recent developments, Armada Acquisition Corp. II announced in October 2025 a definitive $1 billion business combination with Evernorth Holdings Inc., a Nevada-based entity enabling institutional-scale XRP adoption backed by investors including SBI, Ripple, Pantera Capital, Kraken, GSR, and Ripple co-founder Chris Larsen, with proceeds earmarked mainly for building the world's largest institutional XRP treasury and an expected closing in Q1 2026 subject to approvals; it also completed a sponsor securities purchase agreement with Arrington XRP Capital Fund, LP acquiring over 8 million shares and warrants for $6.6 million from Armada Sponsor II LLC. Its predecessor, Armada Acquisition Corp. I, successfully merged with Rezolve AI Limited (NASDAQ: RZLV) in August 2024 in a $1.6 billion transaction, highlighting the sponsor team's execution track record.