Ripple-Backed Evernorth Files to Resell 73.7 Million Shares After 40% Stock Decline

Ripple-backed Evernorth Holdings has registered 73.7 million shares for potential resale by existing investors, following a sharp decline in its stock. XRPN shares have lost more than 40% from their October debut high. The SEC prospectus was submitted on November 9th, indicating a move to allow investors to sell their holdings.