0000876661-24-000256.txt : 20240408
0000876661-24-000256.hdr.sgml : 20240408
20240408103919
ACCESSION NUMBER: 0000876661-24-000256
CONFORMED SUBMISSION TYPE: 25-NSE
PUBLIC DOCUMENT COUNT: 2
FILED AS OF DATE: 20240408
DATE AS OF CHANGE: 20240408
EFFECTIVENESS DATE: 20240408
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: Southport Acquisition Corp
CENTRAL INDEX KEY: 0001865200
STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770]
ORGANIZATION NAME: 05 Real Estate & Construction
IRS NUMBER: 863483780
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 25-NSE
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-41150
FILM NUMBER: 24828479
BUSINESS ADDRESS:
STREET 1: 1745 GRAND AVE
CITY: DEL MAR
STATE: CA
ZIP: 92014
BUSINESS PHONE: 917-503-9722
MAIL ADDRESS:
STREET 1: 1745 GRAND AVE
CITY: DEL MAR
STATE: CA
ZIP: 92014
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: NEW YORK STOCK EXCHANGE LLC
CENTRAL INDEX KEY: 0000876661
ORGANIZATION NAME:
IRS NUMBER: 000000000
STATE OF INCORPORATION: NY
FILING VALUES:
FORM TYPE: 25-NSE
BUSINESS ADDRESS:
STREET 1: 11 WALL STREET
CITY: NEW YORK
STATE: NY
ZIP: 10005
BUSINESS PHONE: 212-656-2060
MAIL ADDRESS:
STREET 1: 11 WALL STREET
CITY: NEW YORK
STATE: NY
ZIP: 10005
FORMER COMPANY:
FORMER CONFORMED NAME: NEW YORK STOCK EXCHANGE INC
DATE OF NAME CHANGE: 19910628
25-NSE
1
primary_doc.xml
X0203
0000876661
NEW YORK STOCK EXCHANGE LLC
0001865200
Southport Acquisition Corp
001-41150
1745 Grand Avenue
Del Mar
CA
CALIFORNIA
92014
Class A Common Stock; Units, each consisting of one share of Class A common stock, and one-half of one warrant; Warrants, each exercisable for one share of Class A common stock at an exercise price of $11.50
17 CFR 240.12d2-2(b)
Nicolas Connolly
Analyst, Regulation
2024-04-08
EX-99.25
2
ruleprovisionnotice.htm
NOTIFICATION OF THE REMOVAL FROM LISTING AND REGISTRATION OF THE STATED SECURITIES
The New York Stock Exchange ("NYSE" or the "Exchange") hereby notifies the Securities and Exchange Commission (the "Commission") of its intention to remove the entire class of Class A common stock, $0.0001 par value per share, Units, each consisting of one share of Class A common stock, $0.0001 par value, and one-half of one warrant, Warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 (the "Securities") of Southport Acquisition Corporation (the "Company") from listing and registration on the Exchange on April 19, 2024, pursuant to the provisions of Rule 12d2-2(b) because, in the opinion of the Exchange, the Securities is no longer suitable for continued listing and trading on the NYSE.
The Exchange reached its decision to delist the Company's Securities pursuant to Section 802.01B of the NYSE's Listed Company Manual because the Company had fallen below the NYSE's continued listing standard requiring a listed acquisition company to maintain an average aggregate global market capitalization attributable to its publicly-held shares over a consecutive 30 trading day period of at least $40,000,000.
On March 21, 2024, the Exchange determined that the Securities of the Company should be suspended from trading and directed the preparation and filing with the Commission of this application for the removal of the Securities from listing and registration on the NYSE. The Company was notified by letter on March 21, 2024.
Pursuant to the above authorization, a press release regarding the proposed delisting was issued and posted on the Exchange's website on March 21, 2024. Trading in the Securities was suspended at the close of the market on March 21, 2024.
The Company had a right to appeal to a Committee of the Board of Directors of the Exchange, the determination to delist the Securities, provided it filed a written request for such a review with the Secretary of the Exchange within ten business days of receiving notice of the delisting determination. The Company did not file such request within the specified period. Consequently, all conditions precedent under SEC Rule 12d2-2(b) to the filing of this application have been satisfied.