Southport Acquisition Corp. II closes $210 million IPO and $7.7 million private placement

Southport Acquisition Corp. II

Southport Acquisition Corp. II closed its IPO of 21,000,000 units at $10.00 per unit on Oct. 2, 2026, generating $210,000,000 including 1,000,000 over-allotment units.
Private placement sold 770,000 units at $10.00 each for $7,700,000: Southport Acquisition Sponsor II LLC bought 500,000 and Cohen & Company Capital Markets bought 270,000.
$212,100,000 from the IPO and private placement was placed in a trust with Continental Stock Transfer & Trust Company; funds are held pending an initial business combination within 24 months.
Effective Oct. 1, 2026, directors Jared Stone, Matthew Hansen, David Winfield, Cathleen Schriner-Gates, John Aslanian and Robert Katz joined the board; Jeb Spencer is CEO and chairman.
Amended and restated memorandum and articles were filed with the Cayman Islands effective Sept. 30, 2026; units trade on NYSE under PORT.U, with PORT and PORT.W for shares and warrants.

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