{"schema_version":"secwatch.filing_event.v1","accession":"0001185185-26-004973","form_type":"8-K","ticker":"PORT","cik":"0002148436","company_name":"Southport Acquisition Corp. II","filed_at":"2026-10-23T20:30:27+00:00","discovered_at":"2026-10-23T20:32:00.255966+00:00","generated_at":"2026-10-23T20:32:07.276578+00:00","sec_items":["8.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"confidence":"high","headline":"Southport Acquisition Corp. II cancels 666,667 founder shares after underwriters waive remaining over-allotment","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001185185-26-004973","json":"https://secwatch.observer/filing/0001185185-26-004973.json","markdown":"https://secwatch.observer/filing/0001185185-26-004973.md","text":"https://secwatch.observer/filing/0001185185-26-004973.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2148436/000118518526004973/0001185185-26-004973-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2148436/000118518526004973/southacq28k102326.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-23T20:32:07.276578+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"}