This is a routine sponsor ownership disclosure post-IPO with no activist demands. Monitor for any future Schedule 13D amendments that could signal a change in the sponsor's intentions regarding the business combination search or redemption rights.
Price Chart
Executive Summary
Southport Acquisition Sponsor II LLC, Southport Sponsor Management II, LLC, and Jeb Spencer filed a Schedule 13D disclosing beneficial ownership of 8,166,667 ordinary shares (27.7% of total outstanding) of Southport Acquisition Corp. II (PORT), a SPAC. The filing is a routine disclosure of sponsor ownership following the IPO, not an activist campaign — the filers are the company's sponsor, CEO, and Chairman, and they have agreed to vote in favor of any business combination and not to redeem shares.
Key Financial Metrics
Key Facts
- Sponsor and insiders beneficially own 8,166,667 ordinary shares, representing 27.7% of 29,436,667 total shares outstanding as of October 2, 2026.
- The stake includes 7,666,667 Class B founder shares (purchased for $25,000 in July 2026) and 500,000 Class A shares from private placement units (purchased at $10.00 per unit on October 2, 2026).
- The filers have agreed to vote their shares in favor of any proposed business combination and not to redeem shares in connection with a shareholder vote or tender offer.
- The filing is a standard Schedule 13D by the SPAC sponsor and management, not an external activist investor.
Financial Impact
Total purchase price for the disclosed stake was $5,025,000, funded from the sponsor's working capital.
Risk Factors
- No business combination identified within 24-month deadline could lead to liquidation and loss of sponsor's founder shares.
- Lock-up restrictions on founder shares and private placement units limit sponsor's ability to sell until 30 days after a business combination.
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| SC 13D Filing (Primary) | 0001185185-26-004644 |
| Document: 0001185185-26-004644-index-headers.html | 0001185185-26-004644 |
| Document: 0001185185-26-004644-index.html | 0001185185-26-004644 |
| Document: 0001185185-26-004644.txt | 0001185185-26-004644 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 2d ago | 8-K | — | awaiting T+20 | — | — |
Oct 21, 2026 4d ago | SC 13D/A | — | awaiting T+20 | — | — |
Oct 8, 2026 17d ago | 8-K | — | awaiting T+20 | — | — |
Oct 7, 2026 18d ago | SC 13D | — | awaiting T+20 | — | — |
Oct 7, 2026 18d ago | SC 13G | — | awaiting T+20 | — | — |
Oct 5, 2026 20d ago | 8-K | — | awaiting T+20 | — | — |
Oct 2, 2026 23d ago | Press Release | — | awaiting T+20 | — | — |
Sep 30, 2026 25d ago | Press Release | — | awaiting T+20 | — | — |
US Market Status
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