XRP Holders Now Need to Wait Until October 12 as Nasdaq Listing Is Postponed
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.
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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. (per coinspeaker.com)
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.
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Has this happened before?
| When | What happened | Figure |
|---|---|---|
| 15 days ago | XRP Is Coming to Nasdaq: Evernorth Clears Key Vote With 473M Treasury event | 2 actors in common · 5 news media |
| 17 days ago | Evernorth XRP Treasury Deal: What the Nasdaq Listing Could Mean for XRP Holdings event | 2 actors in common · 5 news media |
| 13 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 |
| 15 days ago | OpenWorld Begins Nasdaq Trading After VerifyMe Combination event | 1 actors in common · 2 news media |
| 16 days ago | OpenWorld Takes Over Nasdaq Listing to Build RWA Tokenization Business event | 1 actors in common · 3 news media |
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