{"filings":[{"id":3651199,"accession_number":"0001185185-26-004973","cik":2148436,"company_name":"Southport Acquisition Corp. II","ticker":"PORT","form_type":"8-K","filed_at":"2026-10-23T20:30:27+00:00","items":["8.01"],"status":"ready","headline":"Southport Acquisition Corp. II cancels 666,667 founder shares after underwriters waive remaining over-allotment","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Sponsor Southport Acquisition Sponsor II LLC forfeited 666,667 Class B ordinary shares on Oct. 19, 2026; shares were cancelled by the Company.","Underwriters forfeited their right to exercise the remaining portion of the over-allotment option, leaving 1,000,000 Class B shares no longer subject to forfeiture.","Sponsor held 7,666,667 Class B shares at IPO close on Oct. 2, 2026, of which up to 1,000,000 were contingent on over-allotment exercise.","IPO of 21,000,000 units at $10.00 each, including 1,000,000 over-allotment units, generated $210,000,000 in gross proceeds.","Each unit comprises one Class A share and one-half warrant exercisable at $11.50 per share upon an initial business combination."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":null,"market_cap_as_of_date":null,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}