STOCK TITAN

Southport Acquisition Corp. II sponsor holds 7.67M shares

Southport Acquisition Corp. II’s ten-percent owner, Southport Acquisition Sponsor II LLC, directly held 7,666,667 Class B ordinary shares as of September 30, 2026.

(High)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
3

Rhea-AI Filing Summary

Southport Acquisition Corp. II’s ten-percent owner, Southport Acquisition Sponsor II LLC, directly held 7,666,667 Class B ordinary shares as of September 30, 2026. The shares convert into Class A ordinary shares one-for-one at the initial business combination or earlier at the holder’s option, subject to adjustments; up to 1,000,000 shares are subject to forfeiture if the initial public offering underwriters do not exercise the over-allotment option in full.

Southport Sponsor Management II, LLC controls voting and investment discretion over the sponsor’s securities. Its managing member, Jeb Spencer, is Southport Acquisition Corp. II’s Chairman, Chief Executive Officer and Chief Financial Officer. Both disclaim beneficial ownership except to the extent of any pecuniary interest.

Insider SOUTHPORT ACQUISITION SPONSOR II LLC
Role 10% Owner
Type Security Shares Price Value
holding Class B Ordinary Shares F1, F2, F3 -- -- --
Holdings After Transaction: Class B Ordinary Shares — 7,666,667 contracts (Direct)
Footnotes (3)
  1. F1. As described in the Registration Statement on Form S-1 (File No. 333-298104) of Southport Acquisition Corp. II (the "Issuer") under the heading "Description of Securities--Founder Shares," Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination, or at any time prior to the Issuer's initial business combination, at the option of the holder, on a one-for-one basis, subject to certain adjustments. The Class B ordinary shares have no expiration date.
  2. F2. These shares represent the Class B ordinary shares held by Southport Acquisition Sponsor II LLC (the "Sponsor") acquired pursuant to a subscription agreement by and between the Issuer and the Sponsor. The Class B ordinary shares include up to 1,000,000 shares that are subject to forfeiture in the event the underwriters of the Issuer's initial public offering do not exercise in full their over-allotment option as described in the Issuer's Registration Statement.
  3. F3. Represents shares held by the Sponsor. Southport Sponsor Management II, LLC is the managing member of the Sponsor and controls the management of the Sponsor, including the exercise of voting and investment discretion over the securities held by the Sponsor. The managing member of Southport Sponsor Management II, LLC is Jeb Spencer, the issuer's Chairman, Chief Executive Officer and Chief Financial Officer. Southport Sponsor Management II, LLC and Jeb Spencer each disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly.
Class B ordinary shares held 7,666,667 shares Direct holdings as of September 30, 2026
Underlying Class A ordinary shares 7,666,667 shares Shares issuable on conversion, one-for-one
Shares subject to forfeiture Up to 1,000,000 shares If the IPO underwriters do not exercise the over-allotment option in full
Class B ordinary shares financial
"Class B ordinary shares will automatically convert into Class A ordinary shares"
Class B ordinary shares are a type of ownership stake in a company that typically come with different voting rights or privileges compared to other share classes. For investors, they represent a way to hold part of the company’s value and influence its decisions, often with fewer voting rights than Class A shares. Understanding these shares helps investors assess their level of control and potential returns within a company.
initial business combination financial
"at the time of the Issuer's initial business combination"
An initial business combination is the deal in which a special-purpose acquisition company (SPAC) merges with or acquires an operating business to bring that business onto public markets. Think of the SPAC as an empty shell that raises money from investors, then uses that cash to buy a private company—this transaction turns the private company into a public one and often changes its ownership, valuation, and access to capital, so investors should watch for shifts in risk, future growth prospects, and shareholder rights.
over-allotment option financial
"do not exercise in full their over-allotment option"
An over-allotment option is a special agreement that allows underwriters to sell more shares than initially planned if demand is high. Think of it like a retailer offering extra units of a popular product to meet additional customer interest. This option helps ensure the full sale is completed and can also give investors extra shares if they want more.
pecuniary interest financial
"to the extent of any pecuniary interest they may have therein"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many PORT shares does Southport Acquisition Sponsor II LLC hold?

Southport Acquisition Sponsor II LLC directly held 7,666,667 Class B ordinary shares as of September 30, 2026. They convert into Class A ordinary shares one-for-one at the initial business combination or earlier at the holder’s option, subject to adjustments.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
SOUTHPORT ACQUISITION SPONSOR II LLC

(Last)(First)(Middle)
8 BOLLING PLACE

(Street)
GREENWICH CONNECTICUT 06830

(City)(State)(Zip)

UNITED STATES

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
09/30/2026
3. Issuer Name and Ticker or Trading Symbol
Southport Acquisition Corp. II [ PORT ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)Other (specify below)
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Class B Ordinary Shares(1) (1) (1)Class A Ordinary Shares7,666,667(2)(1)D(2)(3)
Explanation of Responses:
1. As described in the Registration Statement on Form S-1 (File No. 333-298104) of Southport Acquisition Corp. II (the "Issuer") under the heading "Description of Securities--Founder Shares," Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination, or at any time prior to the Issuer's initial business combination, at the option of the holder, on a one-for-one basis, subject to certain adjustments. The Class B ordinary shares have no expiration date.
2. These shares represent the Class B ordinary shares held by Southport Acquisition Sponsor II LLC (the "Sponsor") acquired pursuant to a subscription agreement by and between the Issuer and the Sponsor. The Class B ordinary shares include up to 1,000,000 shares that are subject to forfeiture in the event the underwriters of the Issuer's initial public offering do not exercise in full their over-allotment option as described in the Issuer's Registration Statement.
3. Represents shares held by the Sponsor. Southport Sponsor Management II, LLC is the managing member of the Sponsor and controls the management of the Sponsor, including the exercise of voting and investment discretion over the securities held by the Sponsor. The managing member of Southport Sponsor Management II, LLC is Jeb Spencer, the issuer's Chairman, Chief Executive Officer and Chief Financial Officer. Southport Sponsor Management II, LLC and Jeb Spencer each disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly.
/s/ Jeb Spencer, Managing Member of Southport Sponsor Management II, LLC, Managing Member of Southport Acquisition Sponsor II LLC09/30/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

Keep reading