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XRP News: Ripple-Backed Evernorth Holdings Plans Almost 73.7M XRPN Stocks Resale

Reported by Varinder Singh, Coin Gape News

Image: Coin Gape News

HIGHLIGHTS Ripple-backed XRP treasury company Evernorth Holdings plans offer and sale of 73,688,162 Class A common stock. This also includes up to 239,653 shares of Pubco Class A Common Stock issuable upon exercise of the Sponsor Warrants. XRPN stock closed 3.47% lower at $14.20 on Friday amid XRP and broader crypto market selloffs. Ripple-backed XRP treasury company Evernorth Holdings has filed with the US SEC to plan a resale of 73,688,162 Class A common stock and 239,653 sponsor warrants by shareholders.

This is an excerpt. The reporting belongs to Coin Gape News.

Read the full report on coingape.com
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