Southport Acquisition Corp Q1 2025 10-Q Filed
Ticker: ANGX · Form: 10-Q · Filed: May 16, 2025 · CIK: 1865200
| Field | Detail |
|---|---|
| Company | Southport Acquisition CORP (ANGX) |
| Form Type | 10-Q |
| Filed Date | May 16, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: spac, financials, warrants, 10-q
TL;DR
**Southport Acquisition Corp Q1 2025 10-Q: Assets $27.2M, Liabilities $4.15M. Warrant details disclosed.**
AI Summary
Southport Acquisition Corp filed its 10-Q for the period ending March 31, 2025. The company reported total assets of $27,200,000 and total liabilities of $4,150,065. The filing also details various inputs related to private placement warrants, including share price, risk-free interest rate, price volatility, expected term, dividend rate, exercise price, and conversion price as of March 31, 2025.
Why It Matters
This filing provides a snapshot of Southport Acquisition Corp's financial position as of Q1 2025, including details on its assets, liabilities, and warrant valuations, which are crucial for investors to assess the company's financial health and potential future dilution.
Risk Assessment
Risk Level: medium — The company is a SPAC, which inherently carries higher risk due to its reliance on a future business combination and potential for dilution from warrants.
Key Numbers
- $27.2B — Total Assets (Financial position as of March 31, 2025)
- $4.15B — Total Liabilities (Financial position as of March 31, 2025)
- 1550000 — Cash and Cash Equivalents (As of March 31, 2025)
Key Players & Entities
- Southport Acquisition Corp (company) — Filer of the 10-Q
- 20250331 (date) — End of the reporting period
- $27,200,000 (dollar_amount) — Total assets as of March 31, 2025
- $4,150,065 (dollar_amount) — Total liabilities as of March 31, 2025
FAQ
What is the total value of Southport Acquisition Corp's assets as of March 31, 2025?
Southport Acquisition Corp reported total assets of $27,200,000 as of March 31, 2025.
What were Southport Acquisition Corp's total liabilities for the period ending March 31, 2025?
The company's total liabilities were $4,150,065 as of March 31, 2025.
What specific inputs are disclosed for the Private Placement Warrants as of March 31, 2025?
The filing discloses share price, risk-free interest rate, price volatility, expected term, expected dividend rate, exercise price, and conversion price for the Private Placement Warrants.
What is the fiscal year end for Southport Acquisition Corp?
Southport Acquisition Corp's fiscal year ends on December 31.
What is the SEC file number for Southport Acquisition Corp?
The SEC file number for Southport Acquisition Corp is 001-41150.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 16, 2025 regarding Southport Acquisition Corp (ANGX).