An XRP treasury SPAC surges nearly 300% ahead of Evernorth merger

An XRP treasury SPAC surges nearly 300% ahead of Evernorth merger

Özet: Kripto piyasasında önemli gelişmeler yaşanıyor.

Shares of the shell company taking XRP treasury firm Evernorth public nearly quadrupled last week, ahead of a merger that would bring hundreds of millions of tokens and new shareholders into the listed business.

II (XRPN) closed at $39.42 on Friday, up 68% that day and about 273% for the week, according to StockAnalysis data.

The shares briefly touched $53, compared with $10.58 a week earlier.

Shares are higher by another 9.5% in pre-market trading Monday.

Evernorth told CoinDesk in an email that it expects the merger to close on Wednesday, Oct.

Armada is a special purpose acquisition company, or SPAC.

It raised money, holds it in a trust and later merges with a private business.

Public shareholders can request their money back before the deal closes, rather than keep their shares in the combined company.

Analiz: Piyasa hareketliliği devam ediyor.