Evernorth is moving closer to a public listing after filing a Form S-4 with the SEC, the final major regulatory hurdle of its SPAC merger plan.
XRP digital asset treasury Evernorth has submitted a key filing with the SEC, putting it a step closer to its goal of going public on the Nasdaq stock exchange.
The Ripple Labs-backed firm announced plans to go public in October as part of a merger with special purpose acquisition company (SPAC) Armada Acquisition Corp. II (Armada II).
In a statement on Wednesday, Evernorth announced that it had filed a Form S-4 registration statement with the US Securities and Exchange Commission (SEC), marking the final major regulatory hurdle before launching via a SPAC.
