On January 6, 2022 the board of directors of the Southport Acquisition Corporation voted to expand the size of the Board from five to seven and elected Matthew Hansen and Jennifer Nuckles to the Board, effective the same day. Mr. Hansen and Ms. Nuckles will serve as directors until the first annual meeting of the Company's stockholders and until their respective successors are elected and qualified. The Board also elected Ms. Nuckles to serve as Chair of its audit committee, the Board's sole standing committee, effective January 6, 2022, in place of Mr. Jared Stone.

Mr. Hansen is the founder and a former chief executive officer of SimpleNexus. Mr. Hansen has over 20 years of software development experience. Ms. Nuckles is an Executive Vice President and the Group Business Unit Leader – Partnerships, Content, @ Work, Lantern, Relay and Protect at SoFi Technologies Inc.