Armada Acquisition Corp. II entered into an unsecured promissory note with Arrington XRP Capital Fund, LP on July 27, 2026, borrowing $135,000 on July 31, 2026, to fund working capital and administrative expenses. The loan bears interest at the short-term Applicable Federal Rate and matures upon the earlier of the termination or consummation of the Business Combination Agreement with Evernorth Holdings Inc., Pathfinder Digital Assets LLC, and Ripple Labs Inc. dated October 19, 2025. Armada Acquisition Corp. II is a blank check company operating in the financial services industry focused on merging with private companies.