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Southport Acquisition Corp. IIPORT

Class A PORTUnits PORT-UNCIK 0002148436

Cash in trust

$208M

$207,500,000

Trust per share

—

Redemption value

IPO

Oct 2026

—

Combination deadline

—

Not disclosed

Filings on record

23

Latest Oct 9, 2026

Overview

Southport Acquisition Corp. II is a special purpose acquisition company incorporated in Cayman Islands and registered with the SEC under CIK 0002148436. It completed its initial public offering in Oct 2026. Class A shares trade under the ticker PORT, units under PORT-UN. The vehicle is sponsored by Southport through Southport Acquisition Sponsor II LLC. The mandate targets technology. IPO closed, trust funded, no definitive agreement announced.

“we intend to focus our search on the artificial intelligence sector.”
The mandate, as stated in the IPO prospectus

Reading the filings

Arithmetic on what Southport Acquisition Corp. II has disclosed, written the way a desk would read it. These are observations, not a rating. Nothing here scores the vehicle or implies a view on it.

  • Warrant coverage

    Each unit carried one-half warrant per unit. Warrants are dilution deferred: they cost the holder nothing until exercised, and they overhang the post-combination share count. Thinner coverage is generally a sign of a stronger book at pricing.

  • Underwriting

    Cohen & Company led the offering. It has been named on 57 SPAC IPOs, book-running 56 of them, and 100% of its resolved vehicles closed a deal. The syndicate has no control over whether a sponsor finds a target, but the quality of the book at pricing shapes who ends up holding the units.

Scores

Recomputed 28m ago

Three readings of Southport Acquisition Corp. II, each an unweighted mean of the components shown beneath it, and each component a percentile against every live SPAC rather than an absolute we invented. They describe the setup, not the merit. How they are built

FOMO

High

How much attention is this vehicle attracting right now?

76/100

  • Filing activity100

    20 in 30 days

  • News coverage52

    2 stories in 30 days

Attention is not quality. FOMO rises on news volume and on the market paying above trust, both of which have preceded plenty of disappointments.

Potential

Elevated

How likely is this vehicle to complete a combination, and at what scale?

50/100

  • Trust scale60

    $208M

  • Stage40

    searching

Potential is about execution, not about the target. It says nothing about whether the eventual deal is worth owning, because the target is usually unknown when the score is computed.

These are derived measures, not ratings of investment merit. They carry no view on the target, no price target and no recommendation, and a high score is not a reason to buy anything.

News on Southport Acquisition Corp. II

Last 90 days

SEC filing history

Free tier: filings older than 24 hours
  • 8-K

    Other events

    Items 8.01, 9.01 · Accession 0001185185-26-004666

    Oct 9, 2026

    10d ago

    View on EDGAR ↗
  • SCHEDULE 13D

    Beneficial ownership report (activist)

    Accession 0001185185-26-004644

    Oct 8, 2026

    11d ago

    View on EDGAR ↗
  • SCHEDULE 13G

    Beneficial ownership report (passive)

    Accession 0001193125-26-416970

    Oct 8, 2026

    11d ago

    View on EDGAR ↗
  • 8-K

    Entry into a material definitive agreement; Other events

    Items 1.01, 3.02, 5.02, 5.03, 8.01, 9.01 · Accession 0001185185-26-004580

    Oct 6, 2026

    13d ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0001185185-26-004542

    Oct 3, 2026

    16d ago

    View on EDGAR ↗
  • 4

    Statement of changes in beneficial ownership

    Accession 0001185185-26-004541

    Oct 3, 2026

    16d ago

    View on EDGAR ↗
  • 424B4

    Final IPO prospectus

    Accession 0001185185-26-004535

    Oct 2, 2026

    17d ago

    View on EDGAR ↗
  • 3

    Initial statement of beneficial ownership

    Accession 0001185185-26-004510

    Oct 2, 2026

    17d ago

    View on EDGAR ↗
  • 3

    Initial statement of beneficial ownership

    Accession 0001185185-26-004509

    Oct 2, 2026

    17d ago

    View on EDGAR ↗
  • 3

    Initial statement of beneficial ownership

    Accession 0001185185-26-004508

    Oct 2, 2026

    17d ago

    View on EDGAR ↗
  • 3

    Initial statement of beneficial ownership

    Accession 0001185185-26-004507

    Oct 2, 2026

    17d ago

    View on EDGAR ↗
  • 3

    Initial statement of beneficial ownership

    Accession 0001185185-26-004506

    Oct 2, 2026

    17d ago

    View on EDGAR ↗
  • 3

    Initial statement of beneficial ownership

    Accession 0001185185-26-004505

    Oct 2, 2026

    17d ago

    View on EDGAR ↗
  • EFFECT

    Notice of effectiveness

    Accession 9999999995-26-003116

    Oct 1, 2026

    18d ago

    View on EDGAR ↗
  • 3

    Initial statement of beneficial ownership

    Accession 0001185185-26-004471

    Oct 1, 2026

    18d ago

    View on EDGAR ↗
  • 3

    Initial statement of beneficial ownership

    Accession 0001185185-26-004470

    Oct 1, 2026

    18d ago

    View on EDGAR ↗
  • 3

    Initial statement of beneficial ownership

    Accession 0001185185-26-004468

    Oct 1, 2026

    18d ago

    View on EDGAR ↗
  • CERT

    Exchange listing certification

    Accession 0000876661-26-000805

    Sep 30, 2026

    19d ago

    View on EDGAR ↗
  • 8-A12B

    Registration of securities on an exchange

    Accession 0001185185-26-004426

    Sep 30, 2026

    19d ago

    View on EDGAR ↗
  • S-1/A

    Amended IPO registration statement

    Accession 0001185185-26-004287

    Sep 25, 2026

    24d ago

    View on EDGAR ↗
  • S-1/A

    FORM S-1/A

    Accession 0001185185-26-003872

    Sep 9, 2026

    1mo ago

    View on EDGAR ↗
  • S-1/A

    FORM S-1/A

    Accession 0001185185-26-003758

    Aug 29, 2026

    1mo ago

    View on EDGAR ↗
  • S-1

    Registration statement for the initial public offering

    Accession 0001185185-26-003326

    Aug 7, 2026

    2mo ago

    View on EDGAR ↗

Pro

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Southport Acquisition Corp. II: questions answered

What is Southport Acquisition Corp. II (PORT)?

Southport Acquisition Corp. II is a special purpose acquisition company incorporated in Cayman Islands and registered with the SEC under CIK 0002148436. It completed its initial public offering in Oct 2026. Class A shares trade under the ticker PORT, units under PORT-UN. The vehicle is sponsored by Southport through Southport Acquisition Sponsor II LLC. The mandate targets technology. IPO closed, trust funded, no definitive agreement announced.

How much does Southport Acquisition Corp. II hold in trust?

Approximately $207,500,000, as at the most recent filing on record. Trust balances move: shareholders redeem at extension votes and at the combination vote, and sponsors pay contributions in to extend. Treat the figure as a point-in-time disclosure, not a running balance.

When must Southport Acquisition Corp. II complete a merger?

No combination deadline appears in the filings we have indexed. The date is stated in the charter and repeated in each quarterly report; where our parser could not establish it with confidence we leave it blank rather than infer one.

What happens if Southport Acquisition Corp. II does not find a target in time?

The charter requires the vehicle to redeem 100% of the public shares and return the trust, pro rata, to public shareholders. That is the mechanism working as designed rather than a default. Founder shares and warrants are worthless in that outcome, which is why the sponsor's incentive is to get a deal done or to buy more time. Across the market, deadline lapsed without a deal; trust returned to public shareholders.

Can I redeem shares in Southport Acquisition Corp. II, and at what price?

Public shareholders may elect to redeem in connection with a combination vote and at each extension vote, at the pro-rata trust value on the relevant record date. Redemption is a right attached to the public shares only; warrants and rights carry no claim on the trust. The mechanics and the deadline for electing are set out in the proxy statement for the vote in question.

What tickers does Southport Acquisition Corp. II trade under?

Class A shares trade as PORT, the units as PORT-UN. Units trade first and separate into their component securities roughly 52 days after the IPO; only the Class A shares carry the redemption right against the trust.

Is the trust value the same as the share price for Southport Acquisition Corp. II?

No. Trust per share is a disclosed, contractual figure: what a redeeming holder receives. The market price is whatever the shares change hands at, which can sit above the trust when a deal is well received or below it when the market doubts one will close. We do not have a current quote for this vehicle, so no spread is shown.

How much dilution do Southport Acquisition Corp. II's founder shares and warrants create?

Each unit also carried one-half warrant per unit, which is dilution deferred until exercise. Both are disclosed in the prospectus and both survive into the combined company, which is why a de-SPAC at $10 is not economically the same as an IPO at $10.

Who sponsors Southport Acquisition Corp. II, and what is their track record?

Southport Acquisition Sponsor II LLC is the sponsor entity, part of the Southport franchise. This is the only vehicle we have attributed to that sponsor. Named principals: Jeb Spencer.

Which banks underwrote the Southport Acquisition Corp. II IPO?

Cohen & Company. Cohen & Company was credited as book-running manager on the cover. Syndicate membership and role are read from the prospectus cover and the underwriting section.

Is Southport Acquisition Corp. II tradeable, and where?

Our market-data provider returns no quote for PORT. That is normal for a vehicle that has not begun trading, has been delisted after a wind-up, or is too thinly traded to carry a two-sided market. The absence of a quote is shown as "not quoted" rather than as a zero.

Is Southport Acquisition Corp. II a good investment?

That is not a question this site answers. Southport Acquisition Corp. II is covered here as reference data: what the company filed, when it filed it, and what the numbers in those filings say. The Edge, FOMO and Potential scores on this page are derived measures with a published formula, not ratings of investment merit: they describe the setup, and every component is shown so you can take them apart. We publish no price targets and no recommendations, and nothing here should be read as advice. The figures are a starting point for your own work, and each one carries the accession number of the filing it came from.

Where does this Southport Acquisition Corp. II data come from?

Filings Southport Acquisition Corp. II submitted to the SEC under CIK 0002148436: the registration statement and final prospectus for the structure, quarterly and annual reports for the trust, current reports and proxy statements for deals, votes and extensions. Trust economics are taken from the registrant's own XBRL tags rather than parsed from prose, which is why they are exact. Every filing in the history above is listed with its accession number, which identifies the document uniquely on EDGAR; Pro accounts open it directly from the row.

Compiled by the SPACListing research desk

Last reconciled Oct 19, 2026

Every figure on this page is read from documents the registrants filed with the U.S. Securities and Exchange Commission, principally the IPO prospectus (Form 424B4), quarterly and annual reports, current reports and proxy statements, the registrant's own XBRL tags for trust economics. Nothing is sourced from press coverage, from the companies themselves, or from a third-party aggregator. Where a filing does not disclose something, the field is left blank rather than estimated.

Read the full methodology · What is in the dataset · Report a correction

SPACListing is a reference-data service, not an investment adviser. Nothing here is a recommendation to buy or sell any security.

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The context around this vehicle: who else the sponsor has launched, which banks priced it, and where it sits in the wider market.