{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-097920","form_type":"8-K","ticker":"ANGX","cik":"0001865200","company_name":"Angel Studios, Inc.","filed_at":"2025-10-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.874137+00:00","generated_at":"2026-05-17T04:20:35.025993+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.8,"confidence":"high","headline":"Angel Studios forms JV with 2521, acquires DAVID franchise for $77.9M; lawsuit dismissed","bullets":["Angel (ANGX) and 2521 Entertainment form JV Giant Slayer Media; Angel contributes $33.7M for 42% stake.","JV acquires substantially all assets of the DAVID animated franchise from Slingshot USA for $77.9M cash.","Slingshot lawsuit against Angel Studios Licensing dismissed as part of the transaction.","DAVID theatrical release set for December 19, 2025; Zero A.D. moved to 2026.","Angel CEO calls DAVID 'largest audience-funded film in history'; partnership covers 14 projects."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-097920","json":"https://secwatch.observer/filing/0001104659-25-097920.json","markdown":"https://secwatch.observer/filing/0001104659-25-097920.md","text":"https://secwatch.observer/filing/0001104659-25-097920.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1865200/000110465925097920/0001104659-25-097920-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1865200/000110465925097920/tm2528158d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T04:20:35.025993+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"}