{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-118883","form_type":"8-K","ticker":"ANGX","cik":"0001865200","company_name":"Angel Studios, Inc.","filed_at":"2025-12-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.875436+00:00","generated_at":"2026-05-16T14:19:45.279141+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"confidence":"high","headline":"Angel Studios enters ATM equity distribution agreement for up to $150M","bullets":["Company may sell up to $150M of Class A common stock via at-the-market offering through multiple sales agents.","Sales agents include Oppenheimer, TCBI Securities (Texas Capital), Maxim Group, and Roth Capital; commission up to 3.0%.","Shelf registration on Form S-3 declared effective by SEC on Dec 4, 2025; prospectus supplement filed Dec 5, 2025.","Agreement contains customary representations, warranties, indemnification, and termination provisions."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-118883","json":"https://secwatch.observer/filing/0001104659-25-118883.json","markdown":"https://secwatch.observer/filing/0001104659-25-118883.md","text":"https://secwatch.observer/filing/0001104659-25-118883.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1865200/000110465925118883/0001104659-25-118883-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1865200/000110465925118883/tm2532832d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T14:19:45.279141+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"}