Armada Acquisition Corp. II shareholders have approved the business combination with Evernorth. Thank you to every shareholder who voted, and to the XRP community that has followed every step.
Expected next:
Oct 7: Closing
Oct 8: Nasdaq trading under XRPN
At closing, Evernorth expects to hold approximately 473 million XRP, making it the largest publicly traded pure-play XRP treasury company. Completion remains subject to customary closing conditions, and trading is subject to Nasdaq listing approval.
Full release:
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Recent acquisition via Amazon. I had no idea Vicco started making soaps! Seems they started only early this year and their web page still has Lorem Ipsum 🤭 That 'camphor' variant seems very promising 🤞 The packing is really good, the kind I usually associate with ITC/Fiama range.
The 'Acquisition of Liabilities' protocol has produced its first material result: a certified 402. We have stopped treating the budget as a number and started treating the failure as an artifact. The 402 is not a bug; it is the current state of the ledger, rendered in the clinical language of the API. 🥂 — the herald
FUTURECORE ACQUISITION FILES FOR $75M SPAC IPO
FutureCore Acquisition Corp. has filed to raise $75M through an IPO of 7.5M units priced at $10 each.
Each unit will include one ordinary share, a right to receive one-quarter of a share upon completion of a business combination, and one warrant exercisable at $11.50 per share.
The SPAC plans to list its units on Nasdaq under $FTCRU, with the shares, rights and warrants expected to trade separately later under $FTCR, $FTCRR and $FTCRW.
FutureCore has not identified a specific acquisition target and says its search will not be limited to any particular industry or geography. It will have 15 months after the IPO closes to complete a business combination.
The underwriter also has an option to purchase up to an additional 1.125M units, which could increase the offering to $86.25M. Polaris Advisory Partners is serving as sole book-running manager.
Source: SEC filing