Evernorth Holdings to Go Public via Merger with Armada Acquisition Corp. II (SPAC)

Embark Trucks to Go Public via Merger with Northern Genesis Acquisition Corp. II

June 23, 2021

Cloud & SaaS

Embark Trucks, an autonomous trucking software-as-a-service company, entered into a definitive business combination agreement with Northern Genesis Acquisition Corp. II (a SPAC) to become a publicly listed company. The deal is expected to provide approximately $614 million in gross cash proceeds, including cash in trust and a $200 million fully committed PIPE led by major anchor investors.

Inveniam Capital Partners Acquires Armada ETF Advisors

June 10, 2025

Financial Services

Inveniam Capital Partners has acquired Armada ETF Advisors and will partner with Phil Bak to develop DeFi-enabled investment products that modernize institutional access to private assets. The acquisition brings Armada's quantitative real-estate ETF expertise together with Inveniam's private-market data infrastructure to expand the firm's asset-management capabilities and launch innovative, more liquid private-asset investment solutions.

Abra Financial Holdings to Go Public via SPAC Merger with New Providence Acquisition Corp. III

March 16, 2026

Financial Services

Abra Financial Holdings announced plans to become a publicly traded company through a business combination with special purpose acquisition company New Providence Acquisition Corp. III. The deal values Abra at a $750 million pre-money equity valuation and is expected to provide growth capital, with shares expected to trade on Nasdaq under ticker ABRX after closing.

ARMADA Parent Inc. Acquires Poseidon Industrial LLC

November 12, 2025

Aerospace & Defense

ARMADA Parent Inc., a PE-backed maritime and defense services platform majority owned by Carlyle and Stellex Capital Management, has acquired Poseidon Industrial LLC. The acquisition strengthens ARMADA's ship repair, modernization, and systems-integration capabilities to better support U.S. Navy and defense programs.

Armada Acquisition Corp. I Completes Business Combination with Rezolve AI Limited

August 15, 2024

AI & Machine Learning

Armada Acquisition Corp. I closed its previously announced business combination with Rezolve AI Limited, and the combined company will trade on Nasdaq under the ticker symbols RZLV (common shares) and RZLVW (warrants). Rezolve, a London‑headquartered provider of a SaaS generative AI commerce engagement platform for retailers and brands, will remain led by its existing management team and plans to use the public listing to expand its global market presence.

119th Street Capital Acquires Armada Analytics

October 21, 2025

Professional Services

119th Street Capital, an Indiana-based family office, has acquired Armada Analytics, a provider of commercial real estate advisory and analytics services. The investment will provide Armada with financial and strategic resources to support continued organic and inorganic growth while preserving the firm's culture; sellers were advised by Tower Partners and Nelson Mullins.