Southport Acquisition Corp Cl A (PORT)

$PORT https://stocks.apple.com/AQhHoFddXTWa3W-CV_aBBSA

$PORT outside of the merger not occurring, does anyone have any reasons to avoid Warrants here? Or do people see the merger as unlikely to finalize?

$PORT why is this OTC?

$PORT This is new info. Box office numbers are public so obviously King of Kings was going to help but nice to see in print. Very interested to see if this pops in the first few days of trading.

$PORT I'm not an investor in PORT. I believe when buying Class C $44 a share, $ goes in a trust acct & gets refunded if they don't hit $44 on day 1 of AGSD shares going public. The chance of being refunded appears to be 100%!! The problem is the $44/share is based on 35x multiple and $1.6b valuation. Angels Studios, I believe, loses @ <$23M> a quarter. So going from $13/share to $44/share by 9/30/25, or later if there's an extension, seems . . . impossible. They will have, w/the $320M, a cash runway that should last them 12 to 13 mos. They could come back with s/t plan to get to pos CF, & that would be a catalyst. Their S-4 filing, could be a catalyst . . . I think that's when institutional investors typically buy in. I'm not saying this is not a good investment, just saying I don't see it hitting $44/share in the next 12 months . . . let alone on day 1. I do think the chances of this merger falling thru are probably slim, e.g. 15%.

$PORT i wonder what happens to the units i bought directly from angel studios when they go public

$PORT lol buy rights on the possibility that Sydney Sweeney will now be available to act in Sound of Freedom 2.0

$PORT Portillo’s Inc. (NASDAQ:PTLO): Solid Fundamentals Amid Macroeconomic Headwinds https://beyondspx.com/article/portillo-s-inc-nasdaq-ptlo-solid-fundamentals-amid-macroeconomic-headwinds

$PORT so if I want to buy Angel Studios stock, I buy port? Once they close the deal I’ll have shares of Angel studios?

$PORT Angel Studios holds Bitcoin 🚀