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Ripple-backed Evernorth faces 73.7 million-share selling overhang after brutal stock market debut

Evernorth filed to register 73.7 million shares for potential resale as its stock plunged following its Nasdaq debut. The XRP treasury company's Oct. 30 SEC filing identifies Ripple Labs, Arrington XRP Capital and affili...

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Ripple-backed Evernorth faces 73.7 million-share selling overhang after brutal stock market debut

Evernorth filed to register 73.7 million shares for potential resale as its stock plunged following its Nasdaq debut. The XRP treasury company's Oct. 30 SEC filing identifies Ripple Labs, Arrington XRP Capital and affiliates of Japan's SBI Holdings among investors whose holdings could eventually enter the public market. The registration comes as Evernorth's shares have…

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XRP is a tracked market entity in the DigitalMoneyBox archive, making this useful context for readers monitoring repeated mentions and follow-up coverage.

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