Key facts
- Armada Acquisition Corp. II shareholders vote today, September 30, 2026, on a merger to form an XRP treasury.
- Ripple is expected to contribute 126.79 million XRP to the treasury.
- Purchases funded by $214 million in subscription proceeds are associated with an additional 84.37 million XRP.
- Shareholder redemption requests for Armada shares were due September 28, 2026.
- The combined company is expected to trade under the ticker XRPN on Nasdaq if the deal closes.
Armada Acquisition Corp. II shareholders are scheduled to vote on September 30, 2026, on a proposed merger that would establish an XRP treasury. The transaction, if approved and closing conditions are met, is expected to result in the combined company trading on Nasdaq under the ticker XRPN.