---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-098916"
form_type: "8-K/A"
ticker: "ANGX"
cik: "0001865200"
company_name: "Angel Studios, Inc."
filed_at: "2024-09-11T23:59:59+00:00"
generated_at: "2026-05-31T05:29:32.810579+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Southport Acquisition Corp. enters $1.5B merger with Angel Studios

## Summary
- Merger values Angel Studios at $1.5B plus pre-closing capital; equity consideration at $10.00 per share.
- Sponsor agrees to vote for merger, not redeem shares, and forfeit private warrants at closing.
- Closing conditions include HSR clearance, S-4 effectiveness, stockholder approvals, and SPAC deadline extension to Sept 30, 2025.
- Combined company to be renamed Angel Studios, Inc., seeking listing on NYSE or Nasdaq.
- Lock-up: 33% of shares released at $12.50, additional 50% at $15.00 over 20 trading days.

## SEC filing metadata
- accession: 0001104659-24-098916
- form_type: 8-K/A
- ticker: ANGX
- cik: 0001865200
- company_name: Angel Studios, Inc.
- filed_at: 2024-09-11T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1865200/000110465924098916/0001104659-24-098916-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1865200/000110465924098916/tm2423687d3_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-098916
- JSON: https://secwatch.observer/filing/0001104659-24-098916.json
- Plain text: https://secwatch.observer/filing/0001104659-24-098916.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.