| Browse All

Armada Acquisition Corp. II (XRPN)

Financial Services | Shell Companies | Miami, United States | NasdaqGM
10.35 USD +0.02 (0.145%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 10.35

Short-term: ★★★☆☆ | Long-term: ★★★☆☆ | Dividends: ★☆☆☆☆
Hot Take | April 18, 2026, 10:19 p.m. EDT

XRPN is a pre-merger SPAC shell (Armada Acquisition Corp. II) with negligible intrinsic business value, negative book value, and no dividend history. While recent headlines suggest an imminent merger with Evernorth to create an XRP treasury play (potential 388M XRP exposure), the current price action is flat (10.30–10.40 range) and trading at the ~$10 SPAC trust floor. Offered at par with high P/E and no earnings, it offers no safety margin; the risk profile is 'all or nothing' depending on the completed Evernorth deal, which remains speculative until legally finalized and priced in.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.003599
AutoETS0.005383
AutoARIMA0.005383
MSTL0.005418

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 44%
H-stat 8.84
Ljung-Box p 0.000
Jarque-Bera p 0.360
Excess Kurtosis 0.46
Attribute Value
Sector Financial Services
Market Cap 408,514,528
Trailing P/E 94.09
Website https://armadaacq.com

Info Dump

Attribute Value
52 Week Change 0.030876517
Address1 382 NE 191st Street
Address2 Suite 52895
All Time High 10.906
All Time Low 10.0
Ask 13.24
Ask Size 2
Average Daily Volume10 Day 118,580
Average Daily Volume3 Month 108,403
Average Volume 108,403
Average Volume10Days 118,580
Bid 7.44
Bid Size 2
Book Value -0.413
City Miami
Country United States
Crypto Tradeable 0
Currency USD
Current Price 10.35
Current Ratio 0.105
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 10.35
Day Low 10.33
Ebitda Margins 0.0
Enterprise Value 326,669,440
Eps Trailing Twelve Months 0.11
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 10.3018
Fifty Day Average Change 0.048200607
Fifty Day Average Change Percent 0.004678853
Fifty Two Week Change Percent 3.0876517
Fifty Two Week High 10.906
Fifty Two Week High Change -0.55599976
Fifty Two Week High Change Percent -0.05098109
Fifty Two Week Low 10.0
Fifty Two Week Low Change 0.35000038
Fifty Two Week Low Change Percent 0.035000037
Fifty Two Week Range 10.0 - 10.906
Financial Currency USD
First Trade Date Milliseconds 1,750,771,800,000
Float Shares 13,447,863
Full Exchange Name NasdaqGM
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Has Pre Post Market Data 1
Held Percent Insiders 0.0
Held Percent Institutions 1.09437
Implied Shares Outstanding 39,470,000
Industry Shell Companies
Industry Disp Shell Companies
Industry Key shell-companies
Language en-US
Last Fiscal Year End 1,759,190,400
Long Business Summary Armada Acquisition Corp. II focuses on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or other similar business combination with one or more businesses in the technological services. The company was incorporated in 2024 and is based in Miami, Florida.
Long Name Armada Acquisition Corp. II
Market us_market
Market Cap 408,514,528
Market State PREPRE
Max Age 86,400
Message Board Id finmb_1936445283
Most Recent Quarter 1,767,139,200
Net Income To Common 1,214,007
Next Fiscal Year End 1,790,726,400
Non Diluted Market Cap 326,956,500
Open 10.35
Operating Cashflow -423,456
Operating Margins 0.0
Payout Ratio 0.0
Phone 215 543 6886
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 10.35
Post Market Time 1,776,466,098
Previous Close 10.335
Price Hint 2
Price To Book -25.060534
Profit Margins 0.0
Quick Ratio 0.067
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.015000343
Regular Market Change Percent 0.1451412
Regular Market Day High 10.35
Regular Market Day Low 10.33
Regular Market Day Range 10.33 - 10.35
Regular Market Open 10.35
Regular Market Previous Close 10.335
Regular Market Price 10.35
Regular Market Time 1,776,456,000
Regular Market Volume 35,305
Sand P52 Week Change 0.38150132
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 23,710,000
Shares Percent Shares Out 0.0021
Shares Short 66,331
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 54,859
Short Name Armada Acquisition Corp. II
Short Percent Of Float 0.0028
Short Ratio 0.51
Source Interval 15
State FL
Symbol XRPN
Total Cash 287,074
Total Cash Per Share 0.009
Total Debt 0
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 0.11
Trailing P E 94.09091
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 10.249115
Two Hundred Day Average Change 0.10088539
Two Hundred Day Average Change Percent 0.009843327
Type Disp Equity
Volume 35,305
Website https://armadaacq.com
Zip 33,179