Evernorth merger vote tomorrow sends Armada XRPN up

 

Evernorth merger vote tomorrow sends Armada XRPN up 23% in regular hours

• Armada shareholders vote Wednesday on the Ripple-backed Evernorth XRP treasury combination.
• Internet voting ends 11:59 p.m. ET today; redemptions closed after Monday's session.
• Stock gapped higher after Monday's 29% intraday spike to $13.67 and after-hours gain.
• No new press release, 8-K or analyst note appeared since the prior close.
• XRP token rose about 3% today, adding modest related-asset support.
• Nasdaq halted XRPN at 11:23 ET on an LUDP pause after the advance.
• Volume exceeded five times average, consistent with pre-vote positioning.

https://finviz.com/stock?t=XRPN&p=d