secwatch.observer — SEC 8-K summary
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Issuer:     Angel Studios, Inc. (ANGX)
CIK:        0001865200
Form:       8-K
Filed at:   2025-09-16T23:59:59+00:00
Accession:  0001104659-25-090427
Event type: m_and_a
Sentiment:  positive
Materiality: 1.00
Item codes: 1.01, 2.01, 5.02, 9.01, 3.03, 5.03, 5.01, 5.06
LLM model:  deepseek-v4-flash:cloud@v2

Angel Studios completes SPAC merger, lists on NYSE under ANGX with new leadership
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1865200/000110465925090427/0001104659-25-090427-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1865200/000110465925090427/tm2526186d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-090427

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