---
schema_version: "secwatch.filing_event.v1"
accession: "0001865200-26-000016"
form_type: "8-K"
ticker: "ANGX"
cik: "0001865200"
company_name: "Angel Studios, Inc."
filed_at: "2026-02-23T23:59:59+00:00"
generated_at: "2026-05-16T01:16:02.057343+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Angel Studios amends credit facility, sets $30M liquidity and $30M equity proceeds requirement

## Summary
- Ratification and First Amendment to Loan and Security Agreement effective September 9, 2025, filed February 17, 2026.
- Revised required Liquidity Level to $30,000,000 under the amended credit facility.
- Company must provide evidence of $30,000,000 net cash proceeds from equity issuance between January 1, 2025 and June 30, 2026.
- Amendment relates to business combination on September 10, 2025 and joint venture for animated film 'DAVID'.
- Angel Studios assumed all liabilities of Original Borrower under the Credit Facility.

## SEC filing metadata
- accession: 0001865200-26-000016
- form_type: 8-K
- ticker: ANGX
- cik: 0001865200
- company_name: Angel Studios, Inc.
- filed_at: 2026-02-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1865200/000186520026000016/0001865200-26-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1865200/000186520026000016/angx-20260217x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001865200-26-000016
- JSON: https://secwatch.observer/filing/0001865200-26-000016.json
- Plain text: https://secwatch.observer/filing/0001865200-26-000016.txt

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