Evernorth Holdings files S-1 for Nasdaq debut with 73.7 million shares

As seen on the 24/7 Wall St. homepage on October 30, 2026.

THE IPO WIRE
Evernorth Holdings Inc. XRPN · Nasdaq
73,688,162 shares

Evernorth Holdings files S-1 for Nasdaq debut as XRPN

Evernorth Holdings just registered for a Nasdaq listing, putting 73.7 million shares on the table with Cohen & Company Securities and Northland Securities running the deal. No price range yet, so the first amended filing is where the valuation gets set.

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Evernorth Holdings Inc. has registered with the SEC to list on Nasdaq, offering 73,688,162 shares in what is structured as an operating IPO. The filing starts the formal public offering process, with no price range set yet.

Cohen and Company Securities and Northland Securities are co-managing the deal. The choice of underwriters signals the company's go-to-market approach, with both firms known for working with emerging and growth-stage companies navigating the public markets.

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Because no price range appears in the initial S-1, the valuation remains an open question. Investors tracking this offering should watch for the first amended filing, known as an S-1/A, which is where management typically establishes the per-share range and provides a clearer read on how the company sees its own worth.

Until a price is attached, the total dollar value of the deal cannot be calculated, and that figure will come into focus as the registration moves through SEC review.

Sources