{"schema_version":"secwatch.filing_event.v1","accession":"0001185185-26-004666","form_type":"8-K","ticker":"PORT","cik":"0002148436","company_name":"Southport Acquisition Corp. II","filed_at":"2026-10-08T21:15:26+00:00","discovered_at":"2026-10-08T21:16:00.289441+00:00","generated_at":"2026-10-12T15:22:31.823481+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Southport Acquisition Corp. II closes $210M IPO, $212.1M placed in trust at $10.10/unit","bullets":["IPO of 21,000,000 units at $10.00 per unit generated gross proceeds of $210,000,000, including 1,000,000 units from the underwriters' partial over-allotment exercise on October 2, 2026.","Simultaneous private placement of 770,000 units at $10.00 raised $7,700,000: 500,000 units to sponsor Southport Acquisition Sponsor II LLC and 270,000 to Cohen & Company Capital Markets.","$212,100,000, or $10.10 per unit, was placed in a trust account with Continental Stock Transfer & Trust Company; deferred underwriting commissions total $8,400,000.","Balance sheet as of October 2, 2026: total assets $211,430,000, working capital deficit $630,329, accumulated deficit $7,701,173; $2,000,000 share subscription receivable still uncollected.","666,667 Class B founder shares were forfeited after the partial over-allotment exercise; the company has 24 months from the IPO closing to complete an initial business combination."],"urls":{"canonical":"https://secwatch.observer/filing/0001185185-26-004666","json":"https://secwatch.observer/filing/0001185185-26-004666.json","markdown":"https://secwatch.observer/filing/0001185185-26-004666.md","text":"https://secwatch.observer/filing/0001185185-26-004666.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2148436/000118518526004666/0001185185-26-004666-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2148436/000118518526004666/southacq28k100526.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T15:22:31.823481+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}