Angel Studios Files Proxy Statement

TL;DR

Angel Studios (formerly VidAngel) filed its proxy statement for shareholder votes. #ProxySeason

AI Summary

Angel Studios, Inc. filed a Definitive Proxy Statement (DEFA14A) on August 18, 2025, related to its shareholder meeting. The filing concerns the solicitation of proxies from shareholders for matters to be voted on at the meeting. The company, formerly known as VidAngel, Inc., is based in Provo, UT.

Why It Matters

This filing is important for shareholders as it outlines the agenda and proposals for the company's upcoming meeting, allowing them to make informed voting decisions.

Risk Assessment

Risk Level: low — This is a standard proxy filing, not indicating any immediate financial or operational risks.

Key Players & Entities

• Angel Studios, Inc. (company) — Registrant
• VidAngel, Inc. (company) — Former company name
• 295 W CENTER ST (location) — Business Address
• PROVO, UT (location) — Business Address City and State

FAQ

Key Financial Figures

• $87.4 million — han 180 different countries Generated $87.4 million in revenue for Q2 2025, compared to $15
• $15.3 million — ion in revenue for Q2 2025, compared to $15.3 million in Q2 2024, including $39.4 million att
• $39.4 million — to $15.3 million in Q2 2024, including $39.4 million attributed to Angel Guild Memberships
• $47.2 million — ted to Angel Guild Memberships Raised $47.2 million in the first half of 2025 to fuel and s

Filing Documents

• tm2523734d1_defa14a.htm (DEFA14A) — 31KB
• 0001104659-25-079563.txt ( ) — 32KB

From the Filing

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Definitive Additional Materials Soliciting Material Pursuant to §240.14a-12 Angel Studios, Inc. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): No fee required. Fee paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a6(i)(1) and 0-11. EXPLANATORY NOTE This Schedule 14A filing consists of communications from Angel Studios, Inc. (the “Company”) to the Company’s investors relating to Company’s 2025 Special Meeting of Stockholders to be held on Friday, September 5, 2025. The following press release was published on August 18, 2025: Angel Studios Inc. Marks Milestone Toward Becoming Publicly Traded, Sets Meeting Date for Shareholder Approval Angel Studios Inc. Special Meeting to Approve the Business Combination Scheduled for Friday, September 5 at 10:00 am ET Provo, UT, August 18, 2025 -- Angel Studios Inc . (“Angel” or the “Company”), the film & TV platform curated by approximately 1.5 million members of the Angel Guild, announced on Friday, August 15 the date for its Special meeting of shareholders to approve a business merger transaction that will result in Angel becoming publicly traded. The Securities and Exchange Commission (the “SEC”) has declared effective the registration statement on Form S-4 (as amended, the “Registration Statement”) in connection with the proposed business combination (the “Business Combination”) with Southport Acquisition Corporation (OTC: PORT) (“Southport”), a special purpose acquisition company. The effectiveness of the Registration Statement clears the way for Angel’s Special Shareholder meeting, where stockholders will vote on the proposed merger. “It’s time to vote and it’s important that our investors participate and help chart the future of Angel,” said Neal Harmon, co-founder and CEO of Angel. “Together, we’re reshaping the entertainment landscape by empowering audiences to champion, support, and improve the stories they want to see make the world a better place. Thank you for being part of the movement to tell stories that amplify light.” Special Meeting to Approve Business Combination The Special meeting will be held at 10:00 am E.T. on Friday, September 5, 2025, virtually via live webcast at https://www.cstproxy.com/angel/2025 . Stockholders of record as of the close of business on August 1, 2025 (the "Record Date") will be entitled to vote on the proposed transaction. A Proxy stockholders of record as of the Record Date. YOUR VOTE IS VERY IMPORTANT. Angel stockholders are urged to read the proxy materials. Angel’s Board of Directors and management recommends that stockholders vote “FOR” ALL PROPOSALS included in the Proxy Statement in advance of the Special Meeting. The Special Meeting represents a necessary next step for Angel as the Company moves closer to its anticipated listing of the combined company Class A common stock on a U.S. Listing Exchange under the ticker symbol “ANGX.” If approved, the transaction is anticipated to close shortly thereafter with trading to begin following the completion of the merger and exchange listing requirements. Business Combination Background Angel began the process of the proposed merger with Southport in Q3 2024 and has since: Substantially grown its Guild membership, from 222,000 to approximately 1.5 million paying members across more than 180 different countries Generated $87.4 million in revenue for Q2 2025, compared to $15.3 million in Q2 2024, including $39.4 million attributed to Angel Guild Memberships Raised $47.2 million in the first half of 2025 to fuel and support the company’s mission Increased Angel App installs to 70.5 million as of June 30, 2025 Bolstered its leadership team with the appointment of Robert C. Gay to the board of directors, and hiring of public company veterans Scott Klossner, CFO and Glen Nickle, CLO. Upon closing–subject to stockholder approval and customary closing conditions–each share of Angel Class A and Class C common stock will convert to the combined company Class A common stock. All Class B and Class F common stock will convert into shares of combined company Class B common stock. Following the completion of the Business Combination, the Class A common stock will b

View Full Filing

View this DEFA14A filing on SEC EDGAR