Armada Acquisition Corp. II, whose warrants trade under the ticker XRPNW, is a blank-check special purpose acquisition company that has entered the business combination phase of its lifecycle. The company filed a Form 425 on October 20, 2025, a communication type required under SEC Rule 425 in connection with a proposed merger or acquisition transaction, signaling that a deal is actively in progress. Armada Acquisition Corp. II was structured to identify and merge with a target operating business, following the standard SPAC formation model. The filing, bearing accession number 0001193125-25-243106, is part of the public record maintained by the SEC. For full sponsor details, deal timelines, target sector data, and filing history on Armada Acquisition Corp. II, sign up for complete access at SpacDesk.