Southport Acquisition Corp. II (PORT.U) Prices $200M IPO

Southport Acquisition Corp. II (NYSE:PORT.U) announced the pricing of its $200 million IPO and its units are expected to begin trading on the NYSE under the symbol “PORT.U” on Thursday, October 1, 2026.

The new SPAC aims to combine with a high-quality artificial intelligence company that is already generating meaningful revenue.

Southport II is to be led by Chief Executive Officer, Chief Financial Officer and Chairman Jeb Spencer alongside President and Chief Operating Officer Griffith Gates. Jared Stone, Matthew Hansen, David Winfield, Cathleen Schreiner-Gates, John Aslanian, and Robert Katz will serve on its Board of Directors.

Total SPAC deal count for 2026 year-to-date is now 153. This offering is expected to close on Friday, October 2, 2026.

Cohen & Company Capital Markets is acting as the sole underwriter for the offering. Ellenoff Grossman & Schole LLP is serving as Issuer’s Counsel with Reed Smith LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.