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Evernorth Amends Nasdaq Terms to Reflect XRP Treasury Value

Published by
Qadir AK

Evernorth Holdings has amended its planned Nasdaq listing terms to better reflect the value of its XRP treasury. The company will replace the previous $2.36 XRP reference price with XRP’s volume-weighted average price closer to the deal’s closing date. The change is expected to reduce the number of shares issued, giving each share a larger share of Evernorth’s XRP holdings. Investors representing more than 95% of committed capital have agreed to the revised terms. The Nasdaq listing is expected in late Q3 or early Q4 2026.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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