Exchange: NASDAQ·Updated 07:59 PM EDT

XRPNW Armada Acquisition Corp. II - Warrants(21/05/2030)

$3.96
$0.07
(1.53%)
Today
Closed $4.65
$0.69
(14.84%)
After Hours
Vol1.24M

About XRPNW

Armada Acquisition Corp. II is a blank check company, which engages in the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or other similar business combinations with one or more businesses. The company was founded on October 3, 2024 and is headquartered in Miami, FL.
49

Neutral Sentiment

How do you feel about XRPNW?

YOLOMAN87
$XRPNW $XRPN The warrant/common disconnect is still the story nobody should ignore. Thursday’s XRPN close: $24.20 XRPNW last observed: $4.58 Warrant strike: $11.50 Theoretical intrinsic reference: $12.70. But here’s the catch: exercise and settlement conditions still matter, and the common price can collapse toward the warrant instead of the warrant catching up. The Oct. 5 amendment removed the 30-day contractual wait. Now we need the CLOSE, warrant-share registration, and actual exercise processing. I’m bullish on the opportunity, but watching the mechanics—not blindly predicting a squeeze. 👀
8
TripleCrownWinner
$XRPNW $XRPN I am loading the warrants as much as I can. Someone just mentioned that we are f***ed because now the warrants will be below $2 and commins will be at $10 this Monday. However, I genuinely believe that it will make one more swing before it gets settled there. In case if it doesn’t, I don’t care. These warrants are expiring on 5/31/2030. I will just need 1 crypto bull market before then and I’m damn sure that we will have at least 1-2 for sure. Good luck!!
7
MoonShotBrothers2021
$XRPNW I remember making 300% on luminar warrants- before they shot up another 600%. This is an even better setup. Take that fwiw 🚀
7
TripleCrownWinner
$XRPNW Load up the warrants. Last $20 minutes. The intrinsic value is $6. Minday will be massive. $XRPN $BMNR $MSTR Make yourself reach.
4
BasiuMisiu
$XRPNW $XRPN 1. U buy the warrant for 4 2. In near future warrant can be excersized. Warrants price go up. 3. Layter the warrants might be called, but with 30 days notice U must then eather sell the warrant, or buy stocks for 11.5 each If you think stock price hold above 16 you are at win. Worst case you paid then 15.5 for each stock in total... Buying warrant here is much less risk.
7
TripleCrownWinner
$XRPNW Told you all!!! Warrants are STILL Lagging!!! Load as much as you can. The inteinsic value is close to $35 per warrant. Be wise! $XRPN
7
Clueless1971
$XRPNW for those of you who are wondering how high warrants can go I’ll just leave this here: Expand Energy Corporation Class C warrants (EXEEL, expiring ~Feb 2026): 52-week/high around $117.61 (reached in early December 2025); related Class A/B warrants traded near $97–$110. These reflect deep in-the-money status tied to the underlying energy stock’s strength. $XRPN $XRP.X
6
Nick1023
$XRPNW $XRPN would need to go below $15 and stay there until 2030 for the warrants to be a losing proposition right now. I’ll take my chances.
6
Daylas
$XRPNW 660m is XRP at 1.40.. Warrants worth 138m if all are exercised.. 800m divided by 33m shares is a NAV of 22$ a share.. is what I come up with for XRPN.. So the dump on Monday might take us to 10-15 but it will be short lived… especially if news or XRP goes up from here.. IMO
3
Vote4Pedro2
$XRPNW $XRPN merger has been extended to be completed close Friday October 9th October 12th open new company combine shares https://www.sec.gov/Archives/edgar/data/2092592/000119312526415717/d184020d425.htm
4
FatCatsBiggerFish
$XRPNW $XRPN warrants up 30% and breaking $5 premarket. Let’s bring the heat today and close the intrinsic value gap. GLTA
4
kiwisteve86
$XRPNW $XRPNW In at .77 out at 1.90 - 5.00 Cheeky 400% over a week. But the set up took a year. Holding a handful for yolo But thats me. Thanks out.
4
Jimbates22
$XRPNW finally broke that stupid wall at $3.90 that’s been there all day. Could get juicy after that $XRPN
4
ProbablyWrongAgain
$XRPNW trying to understand the price mismatch to intrinsic value here… looking at the last 10Q, I found that “Each whole warrant entitles the registered holder to purchase one Class A ordinary share at a price of $11.50 per share, at any time commencing on the later of 12 months from the closing of the Initial Public Offering and after the completion of the initial Business Combination.” That means then, the market doesn’t have to price the intrinsic value of the warrants at parity if it doesn’t want to, until its hands are forced in a year. Will be interesting to see how this plays out.
4
omz24
$XRPNW exercisable as of next week. This is going to be fun these should be trading closer to $7 true value is around $18
4
bentradepro
$XRPNW This represents a rare opportunity resulting from current market conditions. It is truly remarkable 💎
4
kiwisteve86
$XRPNW this is leveraged xrp. Optionality. Volitility. Convex bet!!! In at .77 Am i the first loser. Or ahead of the curve. $XRP
4
CJJay
$XRPNW The Armada Acquisition Corp. II Warrants (XRPNW) are expected to become exercisable on or about November 6, 2026. Because these are SPAC-derived warrants tied to the Evernorth business combination, specific structural conditions govern exactly when they open for redemption. Key Timeline & Strategic Milestones • Completion of Business Combination: The shareholder vote officially passed on September 30, 2026, with the official transaction close scheduled for October 7, 2026. • 30-Day Post-Close Rule: Standard SPAC terms prevent immediate exercise. Warrants do not unlock until 30 days after the merger closes, positioning your exercise window to open around November 6, 2026. • Expiration Date: Once open, the warrants remain valid for five years • Forced Redemption Risk: If the common stock (XRPN) trades at or above $18.00 for 20 out of 30 consecutive trading days, the company can issue a call notice. This forces you to either exercise them/sell them within 30 days, or they become $0.01 ea
3
FatCatsBiggerFish
$XRPNW Expect to see this north of $4 Monday and Tuesday then maybe even touch $6 by Wednesday the 7th given the disconnect to intrinsic value. You don’t have to be a mathematician to figure out $XRPN - $11.50 = $XRPNW value. $XRPNW $XRPN $XRP.X GLTA
3
kiwisteve86
$XRPNW Check the link. Exercise date starts on 8th OCT 2026 many do not know this!!! But they need to file an effective registration statment. If they file immediatly, the warrants will have intrinsic value direcly linked immediatly. They may take up to 30 days to file. There is a chance they 5x in one day. More likley the common comes down and warrant goes up. As we wait for effective registration statment. But are we still all thinking short squeeze? Could it be the market is showing its early desire to give XRPN the premium to buy more XRP?? Buy. Raise. Buy. Raise. If you hold warrants read the sec link. Dont trust me. I cat read or spell. https://stkt.co/Lj766lB7
3

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