Southport Acquisition Corporation
PORT-UN
New York Stock Exchange10.83
USD
+0.05
- -
CIK
0001865200
Return %
Stock
S&P500
1Y
4.44
18.46
3Y
8.30
64.72
5Y
8.30
72.79
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Jeb Stewart Spencer
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 1745 Grand Avenue Del Mar CA United States of America 92014
- IPO Date
- Dec 10, 2021
- CIK
- 0001865200
- Website
- southportone.com
- Similar Companies
- Business
- Southport Acquisition Corporation (PORT-UN) is a blank check company focused on effecting mergers, capital stock exchanges, asset acquisitions, stock purchases, reorganizations or similar business combinations with one or more businesses, particularly targeting financial software companies in the mortgage and real estate verticals in the United States. Incorporated in Delaware on April 13, 2021, and headquartered in Fairfield, Connecticut, the company conducts no significant independent operations prior to completing an initial business combination. In September 2025, Southport completed a business combination with Angel Studios, Inc., a media and technology company specializing in values-based entertainment distribution through its Angel Guild membership platform; the combined entity now operates as Angel Studios, Inc., with Class A common stock trading on the New York Stock Exchange under the ticker ANGX following the merger closing on September 10, 2025, which valued the pro-forma enterprise at approximately $1.6 billion, accompanied by a capital raise and a $100 million credit facility from Trinity Capital Inc. to support expansion. The transaction followed shareholder approval on August 25, 2025, and an initial public offering in December 2021 that raised $230 million; post-merger, Southport's public stockholders hold about 1.5% of the combined company, with Angel Studios stockholders owning approximately 94.9%. The company is led by Chairman Jared Stone and Chief Executive Officer Jeb Spencer, with operations primarily in the United States and target geographies including the US and Canada.