---
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"
generated_at: "2026-05-16T14:19:45.279141+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Angel Studios enters ATM equity distribution agreement for up to $150M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-118883
- JSON: https://secwatch.observer/filing/0001104659-25-118883.json
- Plain text: https://secwatch.observer/filing/0001104659-25-118883.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.