Armada Acquisition Corp. II Set to Change Ticker to XRPN for Enhanced Blockchain Strategy

Armada Acquisition Corp. II Announces Ticker Symbol Change to XRPN

Armada Acquisition Corp. II, a prominent special purpose acquisition company known as Armada II, is making significant strides in the digital asset space. Effective October 30, 2025, the company will officially change its ticker symbol from the current "AACI" to the new symbol "XRPN" on NASDAQ. This change reflects the company's ambitious shift in strategy, which is heavily focused on expanding exposure to the XRP digital asset.

The announcement, made on October 29, 2025, signifies a pivotal moment in Armada II's transition to becoming a leading institutional treasury for XRP. Alongside the ticker symbol change, the units will also be rebranded; the symbol will now shift from "AACIU" to "XRPNU," and the warrants will evolve from "AACIW" to "XRPNW." This rebranding marks the beginning of a bold new chapter for the company as it seeks to enhance its investor portfolios and drive growth in the burgeoning digital asset market.

Michael Arrington, founder of Arrington Capital and Chairman of the Board at Armada Acquisition Corp. II, expressed his excitement regarding the future of the firm. "As the SPAC sponsor and longstanding supporters of XRP, we have immense confidence in Evernorth's potential to create lasting impact and boost shareholder value," Arrington stated. The company has witnessed a rise in XRP's adoption and continuously growing ecosystem, bolstered by various innovations and contributions from other key players in the space.

This strategic move follows the recent announcement of a business combination agreement between Evernorth Holdings, Inc., a newly established entity, and Armada II. This agreement aims to facilitate the launch of a company equipped with over $1 billion in gross proceeds, set for open-market XRP purchases. Unlike traditional ETFs, Evernorth's model incentivizes the growth of XRP per share through a concentrated mix of institutional strategies, DeFi yield initiatives, and strategic engagement in capital markets.

About Evernorth

Upon closing the business combination agreement, Evernorth is positioned to emerge as a publicly traded entity, providing robust exposure to XRP through a transparent and regulated framework. The organization's vision is to preserve and increase XRP's intrinsic value while offering substantial rewards to its shareholders through active financial management and involvement in the crypto landscape.

About Arrington Capital

Founded by tech entrepreneur Michael Arrington in 2017, Arrington Capital is dedicated to managing digital assets and fostering blockchain innovation across the globe. The firm boasts a diverse portfolio and a team rich in experience from Silicon Valley, having invested in hundreds of startups. The Arrington XRP Capital Fund serves as the public acquisition vehicle for Armada II, highlighting the potential for transformative growth in the influential realm of cryptocurrencies.

About Armada Acquisition Corp. II

Founded on October 3, 2024, Armada Acquisition Corp. II is a SPAC tailored for launching mergers, asset acquisitions, and other transformative business collaborations. The firm, backed by strategic insights and experience in blockchain technologies, is evolving at the intersection of traditional finance and innovative digital solutions.

As the financial landscape continues to evolve, the upcoming transitions at Armada II not only pave the way for new growth opportunities but also reflect a broader commitment to reshaping the future of investment in digital assets. Investors and market participants are encouraged to keep an eye on the developments surrounding Armada II and Evernorth, as the newly branded entities prepare to redefine the approach to XRP investment.

For further updates and detailed insights, stakeholders can visit the official Evernorth and Armada websites, where upcoming filings and transaction details will be regularly communicated to the public. The changing dynamics in digital asset management set a promising outlook for the future of Armada Acquisition Corp. II and its commitment to delivering innovative solutions in the evolving financial sector.