Arrington XRP Capital Fund, LP /
Armada Acquisition Corp. II
Arrington XRP Capital Fund takes over as Armada’s new sponsor
Source for the buyer, seller and target: Armada Acquisition Corp. II
For the buyer, seller and target.
“Reference is made to that certain Sponsor Securities Purchase Agreement, dated as of August 12, 2025 (the “ Agreement ”), by and among Arrington XRP Capital Fund, LP (the “ Acquiror ”), Armada Acquisition Corp. II (the “ Company ”) and Armada Sponsor II LLC (the “ Sponsor ”), pursuant to which the Acquiror acquired certain securities of the Company from the Sponsor (the “ Acquired Securities ”).”
Published 28 Aug 2025
Open the sourceWhat happened
Arrington XRP Capital Fund, LP completed its purchase of securities in Armada Acquisition Corp. II from Armada Sponsor II LLC. The transaction included Class A and Class B ordinary shares and private placement warrants. [01]
Arrington became Armada’s new sponsor following the closing. The purchase price was $6,600,000. [01]
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Arrington XRP Capital Fund takes over as Armada’s new sponsor
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