---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-108378"
form_type: "8-K"
ticker: "ANGX"
cik: "0001865200"
company_name: "Angel Studios, Inc."
filed_at: "2024-10-15T23:59:59+00:00"
generated_at: "2026-05-30T14:43:44.875230+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# SPAC Southport postpones Oct 15 special meeting to Oct 22; 985K shares redeemed at ~$11.08

## Summary
- Holders of 985,170 Class A common shares exercised redemption rights at ~$11.08/share as of Oct 11, 2024.
- Special meeting to vote on extension amendment postponed from Oct 15 to Oct 22 to allow time for redemption reversals.
- Proposed amendment would extend business combination deadline from Dec 14, 2024 to Sep 30, 2025.
- Company's securities trade on OTC Pink under symbols PORT, PORTW, PORTU since NYSE delisting.

## SEC filing metadata
- accession: 0001104659-24-108378
- form_type: 8-K
- ticker: ANGX
- cik: 0001865200
- company_name: Angel Studios, Inc.
- filed_at: 2024-10-15T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1865200/000110465924108378/0001104659-24-108378-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1865200/000110465924108378/tm2426175d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-108378
- JSON: https://secwatch.observer/filing/0001104659-24-108378.json
- Plain text: https://secwatch.observer/filing/0001104659-24-108378.txt

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