secwatch.observer — SEC 8-K summary
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Issuer:     Angel Studios, Inc. (ANGX)
CIK:        0001865200
Form:       8-K
Filed at:   2024-10-15T23:59:59+00:00
Accession:  0001104659-24-108378
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1865200/000110465924108378/0001104659-24-108378-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1865200/000110465924108378/tm2426175d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-108378

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