Armada Acquisition II borrows $135,000 under unsecured promissory note with Arrington XRP Capital Fund
AACI•Terms of the note
The interest rate is set at the short-term Applicable Federal Rate in effect at issuance.
The note matures on the earlier of the termination of the Oct. 19, 2025 business combination agreement or the closing of the transaction.
The company may prepay at any time without penalty. Principal and accrued interest are due at maturity.
Promissory note and borrowing details
Armada Acquisition Corp. II entered an unsecured promissory note with sponsor Arrington XRP Capital Fund on July 27, 2026.
The company borrowed $135,000 on July 31, 2026. Additional borrowings are allowed at the sponsor’s discretion for working capital.
