listing

XRP Holders Now Need to Wait Until October 12 as Nasdaq Listing Is Postponed

0Importance
closedStatus
3News media
3Pieces
Published
In
XRPInstitutions

Evernorth moved its expected merger closing to October 9 and now expects an XRPN Nasdaq debut on October 12, later than the earlier October 7 and October 8 timetable. The listing hold was described as an administrative delay, while the company said it still expects to hold about 473 million XRP and $300 million in gross cash proceeds at closing.

Share on X Share on Telegram Share on Reddit Share on WhatsApp

Key claims & sources

✓
Nasdaq trading for the 473 million XRP treasury firm is on hold until Monday, October 12.
XRP Holders Now Need to Wait Until October 12 as Nasdaq Listing Is Postponed
✓
Evernorth moved the expected closing of its merger with Armada Acquisition Corp. II to October 9.
Ripple News: Will Evernorth’s XRPN Debut on Nasdaq This Oct 12?
✓
Its Nasdaq debut under the XRPN ticker is now expected on October 12, with both dates described as estimates that still depend on customary closing conditions and Nasdaq listing standards.
Ripple News: Will Evernorth’s XRPN Debut on Nasdaq This Oct 12?
✓
The delay was described as administrative and affected the planned XRPN Nasdaq debut from October 8 to October 12.
Evernorth Pushes XRPN Nasdaq Listing to Oct 12 After Administrative Delay

What it means

Users and market watchers following XRP-related listings will not see XRPN start trading on the earlier schedule, and the new target is October 12. The dates for closing and debut are still estimates rather than final certainties, and they remain tied to closing conditions and Nasdaq listing standards.

In practice, the change means the planned Nasdaq debut is not happening on October 8 and the timetable has moved to October 12 instead. The company’s stated treasury plan is still described as unchanged, including lending, liquidity provision and additional purchases, even with the delay.

Market reaction i

XRPXRP it is the asset of the company or protocol in the event
first headline
0.0% 2 h before
-1.4% 4 h after
$1.45price at publication
12data points

Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Oct 7 09:18
+1 h 57 m
Oct 7 11:15
Coinspeaker adds
Brings into the story: XRPN, with quotes
+8 h 34 m
Oct 7 17:51

Has this happened before?

WhenWhat happenedFigure
36 days ago XRP Is Coming to Nasdaq: Evernorth Clears Key Vote With 473M Treasury event 2 actors in common · 5 news media
36 days ago 473 Million XRP Is Headed for Nasdaq Next Week: Is the Bet Already Underwater? event 2 actors in common · 3 news media
37 days ago Evernorth XRP Treasury Deal: What the Nasdaq Listing Could Mean for XRP Holdings event 2 actors in common · 5 news media
34 days ago Payments firm OpenPayd targets year-end Nasdaq listing to fund U.S. expansion and acquisitions event 1 actors in common · 3 news media
35 days ago Powerus tokenized stock PUSA hits $8 million in volume on Solana in four hours event 1 actors in common · 3 news media