Markets

Evernorth Warrants Carry $18 Share-Price Test for Redemption

TokenPost·October 21, 2026·1 min read

Evernorth warrants carry an $18 share-price test for redemption. Full cash exercise of the covered warrants would bring Evernorth $132.2 million in gross proceeds. The company has not earmarked that money for XRP purchases, leaving the use of funds open.

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