secwatch.observer — SEC 8-K summary ====================================== Issuer: Angel Studios, Inc. (ANGX) CIK: 0001865200 Form: 8-K Filed at: 2025-11-14T23:59:59+00:00 Accession: 0001104659-25-112009 Event type: m_and_a Sentiment: positive Materiality: 0.65 Item codes: 7.01, 9.01 LLM model: deepseek-v4-flash:cloud@v2 Angel Studios acquires three series IP for $116.5M; Tuttle Twins most-watched series -------------------------------------------------------------------------------- - Acquired Tuttle Twins, Homestead, and The Wingfeather Saga IP for total ~$116.5M in cash and stock. - Acquired series drove >4M hours of viewing and ~350K new Guild members since Dec 2024. - Tuttle Twins: 124M minutes watched, 6.17% of platform watch time (Dec 2024–Sept 2025). - Homestead tied to 253K new Guild member acquisitions and nearly 1 in 8 minutes watched. - The Wingfeather Saga: 40.3M minutes watched, 20.6-min average session. Source: EDGAR index: https://www.sec.gov/Archives/edgar/data/1865200/000110465925112009/0001104659-25-112009-index.htm Primary doc: https://www.sec.gov/Archives/edgar/data/1865200/000110465925112009/tm2531321d1_8k.htm HTML page: https://secwatch.observer/filing/0001104659-25-112009 License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer