Angel Studios Files 8-K: Material Agreement & Exhibits
Ticker: ANGX · Form: 8-K · Filed: Dec 5, 2025 · CIK: 1865200
Sentiment: neutral
Topics: material-agreement, exhibits, corporate-filing
TL;DR
Angel Studios filed an 8-K on 12/5/25 for a material agreement and exhibits.
AI Summary
Angel Studios, Inc. filed an 8-K on December 5, 2025, reporting an entry into a material definitive agreement and filing financial statements and exhibits. The company, formerly Southport Acquisition Corp, is incorporated in Delaware and headquartered in Provo, UT.
Why It Matters
This filing indicates significant corporate activity, potentially involving new contracts or financial disclosures that could impact investors' understanding of Angel Studios' current business standing.
Risk Assessment
Risk Level: low — The filing is a standard corporate disclosure and does not inherently present new risks.
Key Numbers
- 001-41150 — SEC File Number (Identifies the company's filing with the SEC.)
- 86-3483780 — EIN (Employer Identification Number for tax purposes.)
Key Players & Entities
- Angel Studios, Inc. (company) — Registrant
- Southport Acquisition Corp (company) — Former company name
- December 5, 2025 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- Provo, UT (location) — Principal executive offices
FAQ
What is the nature of the material definitive agreement entered into by Angel Studios, Inc.?
The filing indicates an 'Entry into a Material Definitive Agreement' as an item information, but the specific details of the agreement are not provided in this excerpt.
When was Angel Studios, Inc. formerly known as Southport Acquisition Corp?
The date of the name change from Southport Acquisition Corp to Angel Studios, Inc. was June 1, 2021.
What is the primary business classification for Angel Studios, Inc.?
The Standard Industrial Classification is 'SERVICES-MOTION PICTURE & VIDEO TAPE PRODUCTION [7812]'.
Where are Angel Studios, Inc.'s principal executive offices located?
The principal executive offices are located at 295 W Center St., Provo, UT 84601.
What is the filing date for this Form 8-K?
The Form 8-K was filed as of December 5, 2025.
Filing Stats: 916 words · 4 min read · ~3 pages · Grade level 12.4 · Accepted 2025-12-05 16:08:00
Key Financial Figures
- $0.0001 — tered Class A Common Stock, par value $0.0001 per share ANGX The New York Stock Exc
- $150,000,000 — ng an aggregate offering price of up to $150,000,000, to or through the Sales Agents in an "
- $100,000 — its counsel in an amount not to exceed $100,000 in connection with the establishment of
- $15,000 — at-the-market offering and, thereafter, $15,000 on a quarterly basis. The Distribution
Filing Documents
- tm2532832d1_8k.htm (8-K) — 29KB
- tm2532832d1_ex1-1.htm (EX-1.1) — 240KB
- tm2532832d1_ex5-1.htm (EX-5.1) — 13KB
- tm2532832d1_ex5-1img001.jpg (GRAPHIC) — 14KB
- 0001104659-25-118883.txt ( ) — 528KB
- none-20251205.xsd (EX-101.SCH) — 3KB
- none-20251205_lab.xml (EX-101.LAB) — 33KB
- none-20251205_pre.xml (EX-101.PRE) — 22KB
- tm2532832d1_8k_htm.xml (XML) — 4KB
01 Entry
Item 1.01 Entry into a Material Definitive Agreement On December 5, 2025, Angel Studios, Inc., a Delaware corporation (the "Company") entered into an Equity Distribution Agreement (the "Distribution Agreement") with Oppenheimer & Co. Inc., TCBI Securities, Inc., doing business as Texas Capital Securities, Maxim Group LLC and Roth Capital Partners, LLC (each, a "Sales Agent," and together, the "Sales Agents"), pursuant to which the Company may offer and sell from time to time shares of its Class A common stock, par value $0.0001 per share ("Common Stock"), having an aggregate offering price of up to $150,000,000, to or through the Sales Agents in an "at-the-market" equity offering program. Pursuant to the Distribution Agreement, sales of the Common Stock, if any, will be made under the Company's effective shelf registration 2025 and declared effective by the SEC on December 4, 2025, and the accompanying base prospectus included therein as supplemented by the prospectus supplement, dated December 5, 2025, filed with the SEC, by any method that is deemed to be an "at the market offering" as defined in Rule 415(a)(4) under the Securities Act of 1933, as amended, including privately negotiated and block transactions. The Sales Agents will use commercially reasonable efforts to sell the Common Stock from time to time, based upon instructions from the Company (including any price, time or size limits or other customary parameters or conditions the Company may impose). The Distribution Agreement provides that the Sales Agents will be entitled to compensation at a commission of up to 3.0% of the gross sales price per share for any shares sold through it under the Distribution Agreement. We have agreed to reimburse the Sales Agents for the fees and disbursements of its counsel in an amount not to exceed $100,000 in connection with the establishment of
01 Financial Statements
Item 9.01 Financial Statements and Exhibits Exhibit No. Description 1.1 Equity Distribution Agreement, dated December 5, 2025, between the Company and Oppenheimer & Co. Inc., TCBI Securities, Inc., doing business as Texas Capital Securities, Maxim Group LLC and Roth Capital Partners, LLC 5.1 Opinion of Mayer Brown LLP 23.1 Consent of Mayer Brown LLP (included in Exhibit 5.1) 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES 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: December 5 , 2025 By: /s/ Scott Klossner Name: Scott Klossner Title: Chief Financial Officer