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.
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.
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B Ordinary Shares F1, F2, F3 | -- | -- | -- |
Footnotes (3)
- 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.
- 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.
- 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.
Key Figures
Key Terms
initial business combination financial
over-allotment option financial
pecuniary interest financial
FAQ
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AI-generated analysis. How Rhea-AI works. Not financial advice.