Southport Acquisition Corp. II

Item 8.01. Other Events. On October 2, 2026, Southport Acquisition Corp. II, a Cayman Islands exempted company (the “Company”), consummated its initial public offering (“IPO”) of 21,000,000 units (the “Units”), including 1,000,000 Units issued pursuant to the partial exercise by the underwriters of their over-allotment option. Each Unit consists of one Class A ordinary share of the Company, par value $0.0001 per share (the “Class A Ordinary Shares”), and one-half of one redeemable warrant of the Company (each whole warrant, a “Warrant”), with each whole Warrant entitling the holder thereof to purchase one Class A Ordinary Share for $11.50 per share. The Units were sold at a price of $10.00 per Unit, generating gross proceeds to the Company of $210,000,000. Simultaneously with the closing of the IPO, the Company completed the private sale (the “Private Placement”) of an aggregate of 770,000 units (the “Private Placement Units”). 500,000 Private Placement Units were sold to Southport Acquisition Sponsor II LLC, the Company’s sponsor, and 270,000 Private Placement Units were sold to Cohen & Company Capital Markets, a division of Cohen & Company Securities, LLC, the representative of the underwriters in the IPO, in each case at a purchase price of $10.00 per Private Placement Unit, generating gross proceeds to the Company of $7,700,000. Each Private Placement Unit consists of one Class A Ordinary Share and one-half of one warrant. A total of $212,100,000, or $10.10 per Unit, comprised of the net proceeds from the IPO and the Private Placement, was placed in a U.S.-based trust account maintained by Continental Stock Transfer & Trust Company, acting as trustee. An audited balance sheet as of October 2, 2026 reflecting the proceeds from the IPO and the Private Placement has been issued by the Company and is included as Exhibit 99.1 to this Current Report on Form 8-K.