Monitor for the trust account balance post-closing and any subsequent 8-K filings regarding the trust proceeds. The SPAC has 18-24 months to identify a target; any definitive agreement announcement will be the next major catalyst.
Price Chart
Executive Summary
Southport Acquisition Corp. II priced its IPO of 20 million units at $10.00/unit, raising $200 million before over-allotments. The SPAC will trade on the NYSE starting October 1, 2026, and has a 45-day underwriter option for an additional 3 million units. Proceeds will be held in trust to fund a future business combination.
Key Financial Metrics
Key Facts
- 20,000,000 units priced at $10.00 per unit, raising $200 million
- Each unit consists of one Class A ordinary share and one-half of one redeemable warrant
- Warrants exercisable at $11.50 per share
- Underwriters have a 45-day option to purchase up to 3,000,000 additional units
- Units expected to begin trading on NYSE under symbol PORT.U on October 1, 2026
- Closing expected on or about October 2, 2026
- Company is a blank check company seeking a business combination in any industry
Financial Impact
$200 million gross proceeds from IPO, with potential for up to $230 million if over-allotment is fully exercised
Risk Factors
- No target identified yet — SPAC may fail to complete a business combination within required timeframe
- Warrant dilution if exercised
- Underwriters may exercise over-allotment, increasing unit count
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3372488 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 4d ago | 8-K | — | awaiting T+20 | — | — |
Oct 21, 2026 5d ago | SC 13D/A | — | awaiting T+20 | — | — |
Oct 8, 2026 19d ago | 8-K | — | awaiting T+20 | — | — |
Oct 7, 2026 19d ago | SC 13D | — | awaiting T+20 | — | — |
Oct 7, 2026 20d ago | SC 13G | — | awaiting T+20 | — | — |
Oct 5, 2026 22d ago | 8-K | — | awaiting T+20 | — | — |
Oct 2, 2026 25d ago | Press Release | — | awaiting T+20 | — | — |
Sep 30, 2026 26d ago | Press Release | — | awaiting T+20 | — | — |
US Market Status
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