8-K
filed September 16, 2025, 7:59 PM ET
ticker ANGX
CIK 0001865200
M&A
confidence high
sentiment positive
materiality 1.00
Angel Studios completes SPAC merger, lists on NYSE under ANGX with new leadership
Angel Studios, Inc.
- Merger closed Sep 10, 2025; Angel Legacy becomes wholly owned subsidiary; Company renamed Angel Studios, Inc.
- Dual-class stock: Class A (1 vote), Class B (10 votes); Harmon siblings and other insiders hold ~62% voting power.
- Neal Harmon (CEO & Chairman), Jeffrey Harmon (Chief Content Officer), Jordan Harmon (President), Elizabeth Ellis (COO), Scott Klossner (CFO) appointed.
- New board of five directors: Neal Harmon, Paul Ahlstrom, Steve Sarowitz, Mina Nguyen, Robert C. Gay; prior board resigned.
- Company Common Stock began trading on NYSE under ANGX on Sep 11, 2025; Southport Public Warrants converted into common stock.
Key facts
Extracted from this filing and checked against the source text.
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
Angel Studios, Inc.: Stockholders approved and adopted the Charter, effective upon filing with the Secretary of State of Delaware on the Closing Date.
- Change
- charter amendment
Exact text from the filing
At the Company Special Meeting, the Company stockholders approved and adopted the Charter, which became effective upon filing with the Secretary of State of the State of Delaware on the Closing Date.
View on SEC.gov
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
Angel Studios, Inc.: As a result of the Merger, the Company ceased to be a shell company as of the Closing Date.
- Change
- shell status
Exact text from the filing
As a result of the Merger, which fulfilled the definition of a business combination as required by the Amended and Restated Certificate of Incorporation of the Company, in effect immediately prior to the Closing Date, the Company ceased to be a shell company (as defined in Rule 12b-2 of the Exchange Act) as of the Closing Date.
View on SEC.gov
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
Angel Studios, Inc.: Board approved and adopted the Bylaws, effective as of the Effective Time (effective 2024-09-09).
- Change
- bylaw amendment
- Effective
- 2024-09-09
Exact text from the filing
On September 9, 2024, the Board approved and adopted the Bylaws, which became effective as of the Effective Time, in accordance with the Merger Agreement.
View on SEC.gov
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