Armada Acquisition Corp. II Schedule 13D Filing
Armada Acquisition Corp. II filed a Schedule 13D with the SEC on August 28, 2025, disclosing that Arrington XRP Capital Fund, LP has acquired a significant stake in the company. The filing details the purchase of 7,880,000 Class B Shares, 400,000 Class A Shares, and 200,000 private placement warrants from the original sponsor, Armada Sponsor II LLC, for an aggregate purchase price of $6,600,000. This transaction, referred to as the 'Sponsor Handover,' also includes changes in management and the board of directors. The new management includes Taryn Naidu as CEO and Kyle Horton as CFO. The board has been restructured with Jack Michael Arrington as chairman. The filing indicates that the Reporting Persons acquired the shares for investment purposes and may engage in future transactions involving the company's securities.