Pathfinder Digital Assets LLC

DRS/A amended

Pathfinder Digital Assets LLC's current DRS/A filing outlines a business combination with Armada Acquisition Corp. II, involving a merger with Evernorth Holdings Inc. (Pubco) and Ripple Labs Inc. The transaction includes share exchanges, warrant conversions, and a private placement of XRP tokens. The filing details the SPAC Domestication process, shareholder approvals, and the issuance of Pubco's Class A, B, and C common stock with distinct voting and economic rights. It also describes the Sponsor's forfeiture of shares and warrants, along with reimbursement terms for SPAC IPO fees.

DRS filed

Pathfinder Digital Assets LLC is involved in a business combination transaction with Evernorth Holdings Inc., a Nevada corporation, through a merger structure that will result in Evernorth becoming a publicly traded company. The transaction includes the merger of Pathfinder with Evernorth's subsidiary, conversion of shares, and contributions of XRP tokens by Ripple. The filing outlines terms for share exchanges, warrant conversions, and financing arrangements, with the deal contingent on shareholder approvals and regulatory conditions.