Southport Acquisition Corp. II Form SCHEDULE 13D/A — Oct 21, 2026
Southport Acquisition Sponsor II LLC, its managing member, and Jeb Spencer filed Amendment No. 1 to their Schedule 13D on Southport Acquisition Corp. II, reporting beneficial ownership of 7,500,000 ordinary shares, or 26.07% of the 28,770,000 shares outstanding as of October 19, 2026. The amendment discloses that on October 19, 2026, 666,667 Class B Ordinary Shares were surrendered for no consideration by the Sponsor and cancelled, pursuant to the Founder Share Purchase Agreement, after underwriters forfeited the remaining portion of their over-allotment option.
Key figures
- Shares Outstanding
- 28770000
- Percent Owned
- 26.07%
- Consideration
- none
- Class AShares Outstanding
- 21770000
- Class BShares Outstanding
- 7000000
- Class BShares Surrendered
- 666667
- Shares Beneficially Owned
- 7500000
AI analysis
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