{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-013469","form_type":"8-K","ticker":"ANGX","cik":"0001865200","company_name":"Angel Studios, Inc.","filed_at":"2025-02-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.373996+00:00","generated_at":"2026-05-26T21:38:36.124036+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Southport Acquisition amends merger with Angel Studios, removes $5M net tangible assets condition","bullets":["Removed condition requiring Southport to have at least $5,000,001 net tangible assets at closing.","Revised Acquiror Expense Cap to $11.415M minus transaction expenses (capped at $3.863M).","Expanded Transaction Expenses definition; outside legal fees capped at $2.875M.","Expense statement delivery moved to 3 business days prior to closing."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-013469","json":"https://secwatch.observer/filing/0001104659-25-013469.json","markdown":"https://secwatch.observer/filing/0001104659-25-013469.md","text":"https://secwatch.observer/filing/0001104659-25-013469.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1865200/000110465925013469/0001104659-25-013469-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1865200/000110465925013469/tm256457d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T21:38:36.124036+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}