Southport Acquisition Corporation WT
PORT-WT
New York Stock Exchange0.04
USD
+0.01
- -
CIK
0001865200
Return %
Stock
S&P500
1Y
21.15
18.21
3Y
21.15
64.38
5Y
21.15
72.43
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.- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- CIK
- 0001865200
- Similar Companies
- Business
- Southport Acquisition Corporation WT (PORT-WT) represents warrants associated with Southport Acquisition Corporation, a blank check company incorporated in Delaware on April 13, 2021, and headquartered in Fairfield, Connecticut, that does not conduct significant independent operations but focuses on effecting mergers, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations with one or more businesses, particularly targeting financial software providers in the mortgage and real estate verticals within the United States; each warrant entitles the holder to purchase one share of Class A common stock at an exercise price of $11.50, subject to expiration on May 9, 2026. The company, led by Chairman Jared Stone and Chief Executive Officer Jeb Spencer, raised $230 million in its initial public offering in 2022 through the sale of 23 million units comprising one share of Class A common stock and one-half warrant, underwritten by BofA Securities. In September 2025, Southport completed a reverse merger business combination with Angel Studios, Inc., a media and technology company driven by its Angel Guild membership platform for values-based storytelling distribution; post-combination, the entity operates as Angel Studios, Inc., with Class A common stock trading on the New York Stock Exchange under the ticker ANGX since September 11, 2025, following a capital raise on September 5, 2025, and the closing of a $100 million credit facility with Trinity Capital Inc. to support Guild expansion and innovation. Southport Acquisition Corporation, a subsidiary of Southport Acquisition Sponsor LLC, maintains its financial reporting on an OTC basis with fiscal year-end December 31 and SIC code 9995 for non-operating establishments, serving investors seeking exposure to SPAC-led transitions in fintech and adjacent sectors across U.S. markets.