How is Ripple involved in Armada Acquisition Corp. II's merger with Pathfinder Digital Assets?

The full answer

What did U.S. Securities and Exchange Commission state?

On October 1, 2026, U.S. Securities and Exchange Commission stated the following. Armada Acquisition Corp. II filed Rule 425 communications made October 1, 2026 by Arrington Capital-affiliated board members regarding the proposed business combination with Pathfinder Digital Assets LLC, in which Ripple Labs Inc. is a party to the agreement. [1]

The source’s own words: “The following communications were made by Arrington Capital, an affiliate of Arrington XRP Capital Fund, LP, the SPAC’s sponsor, and by Michael Arrington and Ron Palmeri, members of the SPAC’s board of directors, on October 1, 2026” [1]

Where does this fit on the site?

For the wider picture, see Why did Ripple sign a business combination agreement with Armada Acquisition Corp. II and Evernorth? and What is Evernorth Holdings doing with Armada Acquisition Corp. II and Ripple Labs for an XRP treasury?. Two related questions are Did Armada II shareholders approve the business combination with Evernorth? and What is Ripple doing with Bhutan’s central bank on a digital currency pilot?