Evernorth Holdings can raise roughly $132.2 million for its XRP treasury. The number comes from a final prospectus the company filed with the SEC on October 19, 2026, registering 11,499,992 shares of Class A common stock issuable when holders of its public warrants exercise at $11.50 per share. The math is simple: 11,499,992 multiplied by $11.50 equals $132,249,908. The company stated the terms in the 424(b)(3) prospectus on EDGAR, filed under Registration No. 333-294417.