Southport Acquisition Corporation

liquidatedU=S+W/2W=S@11.50
ANGXSEC EDGARCIK: 0001865200|Southport Acquisition Sponsor LLC

Capital Structure & Economics

Trust Size$204,000,000
Unit Price$10.00
Warrant Coverage1/2
Sponsor Promote20%

Implied Equity Architecture

Capital Allocation Baseline

Trust (100.0%)

Implied Dilution Drag

50% Warrant Inclusion
Public Trust Allocation$204,000,000
Sponsor At-Risk CapitalN/A
Total Underwriting DiscountN/A
Trust Per Unit (Implied)$10.00
Sponsor Promote Allocation20%
Deal Lifecycle
IPO PricedNov 24, 2021
SearchingTarget Pending
Maturation Wall
Jun 14, 2023

Announced Target / M&A

  • Target CompanyAngel Studios, Inc.
  • Announced Deal Size$1,500,000,000

Board & Officers

  • Neal HarmonCEO
  • Jeffrey HarmonOfficer
  • Jordan HarmonOfficer
  • Jeb SpencerOfficer
  • Jared StoneOfficer

Syndicate & Advisors

Interactive Deal Modeling

Base financial constraints (Trust Size, Warrants, Promote) are pre-loaded into the calculation engines. Proceed to model implied dilution and advisory friction limits.

Dilution Cash Friction