CryptoSlate reports that Evernorth has filed to register 73.7 million shares for potential resale. This comes after a significant drop in its stock price following its Nasdaq debut. The SEC filing, dated October 30, lists Ripple Labs, Arrington XRP Capital, and affiliates of Japan's SBI Holdings as investors whose shares may soon enter the market. The situation raises concerns about the impact on Evernorth's stock performance.
Based on the CryptoSlate report; not independently verified.
Source published: Thu, 05 Nov 2026 08:30:13 +0000
[Read the original report](https://cryptoslate.com/ripple-backed-evernorth-faces-73-7-million-share-selling-overhang-after-brutal-stock-market-debut/)
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