Evernos Holdings sets executive performance bonuses at 50% ahead of Nasdaq listing

Evernorth Holdings disclosed executive compensation in an amended S-4 filing ahead of its Nasdaq listing.

Target bonuses were set at 50% of salary, with multi-million-dollar RSUs and stock awards granted to key executives.

The company plans to go public via a merger with Armada Acquisition Corp. II and use the ticker XRPN.

It also disclosed XRP holdings, asset-value adjustments, and the status of institutional investor support.