secwatch.observer — SEC 8-K summary
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Issuer:     Angel Studios, Inc. (—)
CIK:        0001671941
Form:       8-K
Filed at:   2025-06-10T23:59:59+00:00
Accession:  0001104659-25-058210
Event type: leadership
Sentiment:  positive
Materiality: 0.75
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Angel Studios appoints new CFO, CLO, and board member ahead of SPAC merger
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- Scott Klossner appointed CFO; prior CFO Patrick Reilly stays as SVP of Finance.
- Robert C. Gay (ex-Bain Capital, HGGC) joins board; Glen Nickle named CLO and Corporate Secretary.
- Changes in connection with proposed business combination with Southport Acquisition Corp; expected Nasdaq listing under 'ANGX'.
- Klossner receives $295k base salary plus 50,000 Class F options (4-yr vest) and 15,000 Class C options (price milestones).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1671941/000110465925058210/0001104659-25-058210-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1671941/000110465925058210/tm2517620d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-058210

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer