YOLOMAN87
🚨 $XRPN $XRPNW — THE OFFICIAL NUMBERS ARE IN!
Evernorth’s closing 8-K confirms:
✅ Merger officially CLOSED Oct. 9
✅ 18,463,753 SPAC shares redeemed
✅ 80.3% redemption rate
✅ Only 4,536,247 original public SPAC shares remained
✅ 11,739,645 warrants outstanding
✅ $11.50 warrant exercise price
✅ Nasdaq transition Oct. 12
Here’s what gets interesting 👀
Over 80% of the redeemable SPAC shares are gone, significantly reducing the original public share supply.
Meanwhile, nearly 11.74M warrants remain outstanding.
BUT don’t confuse outstanding warrants with exercised warrants. Exercise eligibility and share registration still matter.
A reduced public float, outstanding warrants, and a completed merger make Monday’s price discovery worth watching.
The numbers are now official. Let’s see how the market prices them.
#XRPN #XRPNW #Evernorth #XRP
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