Southport Acquisition Corp. II Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing November 16, 2026

Southport Acquisition II (PORT) will allow IPO unit holders to trade shares and warrants separately beginning November 16, 2026.

Rhea-AI Summary

Southport Acquisition II (PORT) will allow IPO unit holders to trade shares and warrants separately beginning November 16, 2026. Holders may elect to separate the Class A ordinary shares and warrants included in their initial public offering units. Separated shares will trade on the New York Stock Exchange under PORT, and warrants under PORT WS. Units that are not separated will continue trading on the same exchange under PORT U.

Key Figures

Separate trading begins: November 16, 2026

Separate trading begins

November 16, 2026

Holders may elect to trade the Class A ordinary shares and warrants separately

Key Terms

initial public offering, warrants, blank check company

3 terms

initial public offering financial

"units sold in the Company’s initial public offering"

An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.

warrants financial

"The Class A ordinary shares and warrants that are separated"

Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.

View in glossary

blank check company financial

"is a blank check company, formed for the purpose of effecting a merger"

A blank check company is a publicly listed shell that raises money from investors before naming a specific business to buy or merge with, similar to handing a cashier a signed check and asking them to fill in the payee later. It matters to investors because it offers a faster, often cheaper path for private firms to become public, but carries extra risk since returns depend on the organizers’ ability to find a good deal and on limited information about the future business.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Greenwich, CT, Nov. 11, 2026 (GLOBE NEWSWIRE) -- Southport Acquisition Corp. II (NYSE: PORT U) (the “Company”) announced today that, commencing November 16, 2026, holders of the units sold in the Company’s initial public offering may elect to separately trade the Company’s Class A ordinary shares and warrants included in the units. The Class A ordinary shares and warrants that are separated will trade on the New York Stock Exchange under the symbols “PORT” and “PORT WS,” respectively. Those units not separated will continue to trade on the New York Stock Exchange under the symbol “PORT U.”

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities of the Company, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Southport Acquisition Corp. II

Southport Acquisition Corp. II is a blank check company, formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company may pursue an initial business combination target in any business, industry, sector or geographical location. The Company’s management team is led by Jeb Spencer, its Chief Executive Officer and Chairman of the Board of Directors, and Griffith Gates, its President and Chief Operating Officer. Jared Stone, Matthew Hansen, David Winfield, Cathleen Schreiner-Gates, John Aslanian and Robert Katz are independent directors.

Forward-Looking Statements

This press release may include, and oral statements made from time to time by representatives of the Company may include, “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements regarding possible business combinations and the financing thereof, and related matters, as well as all other statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions, as they relate to the Company or its management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company’s management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company’s filings with the Securities and Exchange Commission (“SEC”). All subsequent written or oral forward-looking statements attributable to the Company or persons acting on its behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and prospectus for the Company’s initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Company Contact

Jeb Spencer
Chief Executive Officer
jspencer@southportacquisition.com