Skip to content
FinanceCryptoSlate

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

By Oluwapelumi Adejumo

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…

Read Original Article

More in Finance

From the blog