Home›Crypto›Market Structure›Armada Acquisition Corp. II shares jump before merger…

Armada Acquisition Corp. II shares jump before merger with Evernorth

The SPAC rose about 270% over the prior week, bringing it to nearly four times its roughly $10.50 trust value.

Reported · Written up by our desk · Market Structure

Armada Acquisition Corp. II surged about 270% over the prior week, lifting the thinly traded SPAC to nearly four times its roughly $10.50 trust value, according to CoinDesk.

The shares gained ahead of the SPACs planned merger with Evernorth, an XPR treasury company.

More like this

Sources