Ripple-backed Evernorth faces 73.7 million-share overhang after brutal Nasdaq debut
The XRP treasury company registered shares for resale as its stock slumped and its funding plan's proceeds shrank with the lower price.
Read at Cryptoslate →Full coverage · 4 outlets
- Cryptoslate · lead
- CryptoSlateRipple-backed Evernorth faces 73.7 million-share selling overhang after brutal stock market debut
- Cryptonews.netRipple-backed Evernorth faces 73.7 million-share selling overhang after brutal stock market debut
- CryptoslateRipple-backed Evernorth faces 73.7 million-share selling overhang after brutal stock market debut