Southport Acquisition Corp. to Merge with Angel Studios, Inc.
Ticker: ANGX · Form: 8-K · Filed: Sep 10, 2025 · CIK: 1865200
Sentiment: neutral
Topics: merger, acquisition, spac
TL;DR
SPRT merging with Angel Studios in Q4 2025. Big media play incoming.
AI Summary
Southport Acquisition Corp. announced on September 10, 2025, that it has entered into a definitive agreement to merge with Angel Studios, Inc. This transaction is expected to be completed in the fourth quarter of 2025, subject to customary closing conditions. The combined entity will focus on the production and distribution of content.
Why It Matters
This merger could significantly impact the media landscape by combining a special purpose acquisition company with a content creation platform, potentially leading to new avenues for content funding and distribution.
Risk Assessment
Risk Level: medium — Mergers, especially involving SPACs, carry inherent risks related to integration, market reception, and regulatory approvals.
Key Players & Entities
- Southport Acquisition Corp. (company) — Acquiring entity
- Angel Studios, Inc. (company) — Target entity
- September 10, 2025 (date) — Date of announcement
- fourth quarter of 2025 (date) — Expected closing period
FAQ
What is the primary business of Angel Studios, Inc.?
Angel Studios, Inc. is involved in the production and distribution of content, as indicated by its SIC code and the context of the merger.
When is the merger expected to be completed?
The merger is expected to be completed in the fourth quarter of 2025.
What is the filing date of this 8-K report?
The filing date of this 8-K report is September 10, 2025.
Which state is Southport Acquisition Corp. incorporated in?
Southport Acquisition Corp. is incorporated in Delaware.
What is the principal executive office address for Angel Studios, Inc.?
The principal executive office address for Angel Studios, Inc. is 295 W Center St. Provo, UT 84601.
Filing Stats: 518 words · 2 min read · ~2 pages · Grade level 10.4 · Accepted 2025-09-10 17:12:12
Key Financial Figures
- $0.0001 — tered Class A Common Stock, par value $0.0001 ANGX New York Stock Exchange Check
Filing Documents
- tm2525625d2_8k.htm (8-K) — 25KB
- tm2525625d2_ex99-1.htm (EX-99.1) — 11KB
- 0001104659-25-089113.txt ( ) — 201KB
- angx-20250910.xsd (EX-101.SCH) — 3KB
- angx-20250910_lab.xml (EX-101.LAB) — 33KB
- angx-20250910_pre.xml (EX-101.PRE) — 22KB
- tm2525625d2_8k_htm.xml (XML) — 4KB
01
Item 7.01 Regulation FD Disclosure. On September 10, 2025, Angel Studios, Inc., a Delaware corporation, as successor to Southport Acquisition Corporation, a Delaware corporation , issued a press release announcing the consummation of its previously announced business combination. A copy of such press release is furnished as Exhibit 99.1 hereto. The information in Item 7.01 and Item 9.01 of this Current Report on Form 8-K shall not be deemed to be filed for purposes of Section 18 of the Securities Exchange Act of 1934 (the " Exchange Act "), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. 99.1 Press release dated September 10, 2025 announcing the closing of the business combination. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ANGEL STUDIOS, INC. Date: September 10, 2025 By: /s/ Scott Klossner Scott Klossner Chief Financial Officer