Angel Studios Reports Unregistered Equity Sales
| Field | Detail |
|---|---|
| Company | Angel Studios, Inc. |
| Form Type | 8-K |
| Filed Date | Sep 8, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001, $44.00, $55,000,000, $0 |
| Sentiment | neutral |
Sentiment: neutral
Topics: equity-sale, unregistered-securities, filing
TL;DR
Angel Studios sold unregistered equity, watch for dilution.
AI Summary
Angel Studios, Inc. filed an 8-K on September 8, 2025, reporting unregistered sales of equity securities on September 5, 2025. The company, formerly known as VidAngel, Inc., is incorporated in Delaware and headquartered in Provo, Utah.
Why It Matters
This filing indicates potential new equity issuance by Angel Studios, which could impact ownership structure and future dilution for existing shareholders.
Risk Assessment
Risk Level: medium — Unregistered sales can sometimes indicate a need for capital or a private placement that may not be fully transparent to the public market.
Key Players & Entities
- Angel Studios, Inc. (company) — Registrant
- VidAngel, Inc. (company) — Former company name
- September 5, 2025 (date) — Date of earliest event reported
- September 8, 2025 (date) — Filing date
- 295 W Center St. Provo, UT 84601 (location) — Principal executive offices address
FAQ
What type of equity securities were sold?
The filing states 'Unregistered Sales of Equity Securities' but does not specify the type of securities in the provided text.
Were these sales to accredited investors?
The filing mentions 'Unregistered Sales of Equity Securities,' which often implies sales made under an exemption from registration, typically to accredited investors, but this specific detail is not explicitly stated in the provided text.
What is the total dollar amount of the unregistered equity sales?
The provided text does not contain information on the total dollar amount of the unregistered equity sales.
When was Angel Studios, Inc. formerly known as VidAngel, Inc.?
The date of the name change from VidAngel, Inc. to Angel Studios, Inc. was April 12, 2016.
What is the primary business of Angel Studios, Inc.?
Angel Studios, Inc. is in the 'SERVICES-MOTION PICTURE & VIDEO TAPE PRODUCTION' industry, with SIC code 7812.
Filing Stats: 495 words · 2 min read · ~2 pages · Grade level 10.9 · Accepted 2025-09-08 13:20:19
Key Financial Figures
- $0.001 — of its Class C common stock, par value $0.001 per share (the "Class C Common Stock"),
- $44.00 — e price of the Class C Common Stock was $44.00 per share, for gross proceeds of approx
- $55,000,000 — re, for gross proceeds of approximately $55,000,000. The Company paid aggregate selling com
- $0 — y paid aggregate selling commissions of $0 in connection with the sale of these sh
Filing Documents
- tm2525520d1_8k.htm (8-K) — 21KB
- 0001104659-25-088182.txt ( ) — 177KB
- none-20250905.xsd (EX-101.SCH) — 3KB
- none-20250905_lab.xml (EX-101.LAB) — 33KB
- none-20250905_pre.xml (EX-101.PRE) — 22KB
- tm2525520d1_8k_htm.xml (XML) — 3KB
02
ITEM 3.02 UNREGISTERED SALES OF EQUITY SECURITIES On September 5, 2025, Angel Studios, Inc., a Delaware corporation (the "Company"), sold an aggregate of 1,250,000 shares of its Class C common stock, par value $0.001 per share (the "Class C Common Stock"), pursuant to its continuous offering of Class C Common Stock (the "Offering") being conducted on a "best efforts" basis under Regulation A of Section 3(6) of the Securities Act of 1933, as amended (the "Securities Act"). The Offering is being conducted pursuant to the Company's offering statement on Form 1-A, originally filed with the Securities and Exchange Commission (the "SEC") on June 26, 2025, as subsequently amended and filed with the SEC on July 24, 2025, and as qualified by the SEC on August 6, 2025 (the "Offering Statement"). The price of the Class C Common Stock was $44.00 per share, for gross proceeds of approximately $55,000,000. The Company paid aggregate selling commissions of $0 in connection with the sale of these shares of Class C Common Stock. 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 8, 2025 By: /s/ Scott Klossner Scott Klossner Chief Financial Officer and Secretary