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Evernorth plans to raise about $80.7m via equity financing, including for XRP purchases

NewsFeeds update

XRP treasury company Evernorth plans to raise about $80.7m through a committed equity financing arrangement with a Cantor Fitzgerald affiliate, with proceeds for general corporate purposes including buying XRP. It holds about 473m XRP.

AltcoinsOdailyAIBullish

Read the original on Odaily

The story so far: Evernorth $80.7m equity raise for XRP

Evernorth (Evernode) agreed to issue 5.2 million Class A shares to a Cantor Fitzgerald affiliate at 97% of the average share price, raising $80.7m for more XRP purchases. The XRP treasury company, which holds about 473m XRP, says proceeds also cover general corporate purposes.

  1. Evernode says it will issue $80.7m in shares to fund more XRP buys

    Nasdaq-listed XRP treasury company Evernode (XRPN) has agreed to issue 5.2 million Class A shares to CF Principal Investments, a Cantor Fitzgerald affiliate, at 97% of the average share price, raising $80.7m for more XRP purchases.

    AltcoinsCoinNessAIBullish

  2. Evernorth plans to raise about $80.7m via equity financing, including for XRP purchases

    XRP treasury company Evernorth plans to raise about $80.7m through a committed equity financing arrangement with a Cantor Fitzgerald affiliate, with proceeds for general corporate purposes including buying XRP. It holds about 473m XRP.

    AltcoinsOdailyAIBullish

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Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.