Evernorth Warrants Carry $18 Share-Price Test for Redemption

2 outlets reporting

Your call?🐂 Bullish🐻 Bearish

$132.2M

warrant gross proceeds

$XRP

$1.39

+4.7%

Full cash exercise of the covered warrants would bring Evernorth $132.2 million in gross proceeds. The company has not earmarked that money for XRP purchases.