Reported Earlier, Southport Acquisition Corp. II Prices $200M Initial Public Offering Of 20M Units At $10.00 Per Unit
Each unit consists of one Class A ordinary share of the Company and one-half of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share at a price of $11.50
A company called Southport raised $200 million by selling new shares to investors. When a company does this, watch to see if they use the money wisely for their business.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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