Southport Acquisition Corp. II Form 424B4 — Oct 1, 2026
Southport Acquisition Corp. II priced a $200 million IPO of 20,000,000 units at $10.00 each, with each unit comprising one Class A ordinary share and one-half of a warrant exercisable at $11.50. The units are approved to list on NYSE under PORT.U, with PORT and PORT.W trading separately after day 52. The company is a blank check SPAC targeting an artificial intelligence business, with sourcing focused on enterprise AI applications, AI data/security, AI infrastructure, industrial AI and robotics, and healthcare AI software, targeting enterprise values of roughly $400 million to $1.5 billion.
Key figures
- Gross Proceeds
- 200000000
- Offering Price
- 10
- Shares Offered
- 20000000
- Founder shares
- 7666667
- Trust per unit
- 10.1
- Greenshoe units
- 3000000
- Trust account amount
- 202000000
- Warrant exercise price
- 11.5
- Private placement units
- 750000
- Completion window months
- 24
- Private placement proceeds
- 7500000
- Founder share purchase price
- 25000
- Upfront underwriting discount
- 4000000
- Underwriting discount per unit
- 0.6
- Deferred underwriting commissions
- 8000000
AI analysis
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