Sponsor regains 262,502 Class B shares from third-party investors for no consideration

Angel Studios, Inc.

On Jan 15, 2025, third-party investors transferred 262,502 Class B shares back to Sponsor for no additional consideration.
Transfer occurred due to liquidation of certain investors' investment vehicles.
Sponsor now holds 4,200,000 Class A shares, 312,506 Class B shares, and 11,700,000 private placement warrants.

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