Evernorth files S-1 for committed equity facility with Cantor for up to 5.2M new XRPN shares at 97% of market, potentially raising $80.7M

Evernorth filed a new S-1 with the SEC giving it access to a committed equity facility with Cantor to sell up to 5.2 million newly issued XRPN shares over about 14 months at 97% of market price, potentially providing $80.7 million in gross capital as it scales its XRP treasury strategy.

Detected & updated continuously · Source: Nebula