secwatch / observer
8-K filed June 9, 2023, 7:59 PM ET ticker ANGX CIK 0001865200
other material confidence high sentiment negative materiality 0.75

Southport Acquisition extends deadline to Sep 14, 2023; $198M in redemptions

Angel Studios, Inc.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Angel Studios, Inc.: Amended certificate of incorporation to extend the deadline for consummation of initial business combination from June 14, 2023 to September 14, 2023, with board authority to further extend up to March 14, 2024 (effective 2023-06-09).

Change
charter amendment
Effective
2023-06-09
Exact text from the filing
On June 9, 2023, Southport Acquisition Corporation (the "Company") held a special meeting of stockholders (the "Special Meeting") to vote upon the Extension Amendment Proposal (as defined below). At the Special Meeting, the Company's stockholders approved the Extension Amendment Proposal, and promptly thereafter, the Company filed with the Secretary of State of the State of Delaware an amendment to its Amended and Restated Certificate of Incorporation (the "Extension Amendment") to implement the Extension Amendment Proposal.
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Angel Studios, Inc. shareholders approved Amend charter to extend deadline to consummate initial business combination from June 14, 2023 to September 14, 2023 with option for further monthly extensions up to March 14, 2024 at the 2023-06-09 meeting.

Proposal
charter amendment
Outcome
passed
Meeting
2023-06-09
Exact text from the filing
Proposal No. 1: The Extension Amendment Proposal The voting results for the Extension Amendment Proposal were as follows: For Against Abstain 20,479,579 962,549 0
View on SEC.gov

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Angel Studios, Inc. filing history →

Source: SEC EDGAR
accession 0001104659-23-069898
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