Armada Acquisition Corp. II
XRPN
NASDAQ10.47
USD
+0.02
- -
CIK
0002044009
ISIN
KYG0R38G1040
CUSIP
G0R38G104
Return %
Stock
S&P500
1Y
1.95
15.98
3Y
1.95
62.25
5Y
1.95
67.55
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
- Taryn Jogi Naidu
- Full Time Employees
- 2
- Sector
- Financial Services
- Industry
- Financial - Conglomerates
- Address
- 382 NE 191st Street Miami FL United States of America 33179
- IPO Date
- Jun 24, 2025
- CIK
- 0002044009
- Website
- armadaacq.com
- Similar Companies
- Business
- Armada Acquisition Corp. II is a special purpose acquisition company (SPAC) specializing in the fintech, software-as-a-service (SaaS), and artificial intelligence (AI) sectors. The company focuses on sponsoring and managing entities that seek to acquire and take public target businesses primarily within these technology-driven industries. Armada Acquisition Corp. II operates globally with an emphasis on well-positioned private companies that benefit from public listing and strategic partnership to access capital markets. The company's primary products and services encompass the sponsorship and management of SPACs aimed at acquiring companies in fintech, SaaS, and AI industries. Armada Acquisition Corp. II serves as a vehicle for bringing innovative technology companies public, facilitating capital investment and growth opportunities for target businesses that might otherwise face challenges accessing public capital in the current market environment. Founded in 2024 and headquartered in the Cayman Islands, Armada Acquisition Corp. II completed its initial public offering in 2025, raising gross proceeds of $230 million. The company recently closed a significant Sponsor Securities Purchase transaction in which Arrington XRP Capital Fund, LP acquired a substantial portion of Armada's holdings, positioning Arrington as a strategic sponsor partner. Additionally, Armada Acquisition Corp. II is engaged in a $1 billion business combination agreement with Evernorth Holdings Inc., a newly formed entity focused on enabling institutional-scale adoption of the digital asset XRP, supported by major investors including SBI, Ripple, Pantera Capital, and Kraken. This transaction establishes Evernorth as a leading public XRP treasury company, enhancing Armada's footprint in the digital asset and fintech sectors. The company also recently announced a ticker symbol change to XRPN as of October 2025 to reflect its evolving business strategy. Armada Acquisition Corp. II is part of a broader franchise, including Armada Acquisition Corp. I, which successfully completed a business combination with Rezolve AI Limited, an AI-driven platform provider enhancing retail and commerce engagement. Armada Acquisition Corp. II leverages its management team's extensive experience in identifying and capitalizing on emerging technological trends to create shareholder value and support the growth of middle-market technology companies internationally. The company focuses on innovative, high-growth fintech and AI enterprises with potential for substantial market expansion in the US, Canada, and global markets.
Evernorth Announces Appointment of New Board Members and Senior Executives Ahead of Anticipated Public Listing
Armada Acquisition Corp. II (NASDAQ:XRPN) Trading Up 0.1% – Still a Buy?
XRP Treasury Play: Armada Acquisition Corp. II
Evernorth Announces Confidential Submission of a Draft Registration Statement on Form S-4 to the SEC
Armada Acquisition Corp. II Announces Ticker Symbol to Change to XRPN on Oct 30, 2025