Highest-materiality recent filing
Angel Q2 2026: Guild members up 99% YoY to 2.61M; Guild revenue $90.7M (+94%)
Guild paying members 2.61M at June 30 (+99.2% YoY); 2.85M as of July 31.
Angel Studios amends merger agreements for TTS and TCP; extends outside date to Oct 31, 2026
Amended and restated merger agreements for Tuttle Twins Show (TTS) and Toothy Cow Productions (TCP) signed June 29, 2026.
Angel Studios Q1 2026 revenue up 143% to $115.1M, first positive Adjusted EBITDA of $4.0M
Revenue $115.1M (+143% YoY), Angel Guild revenue $83.3M (+140% YoY); Guild members 2.22M (+106% YoY).
Angel Studios prices $30M public offering of 14.3M shares at $2.10/share
Offering of 14,300,000 shares at $2.10 per share for gross proceeds of ~$30 million.
Angel Studios pre-announces Q1 2026 revenue $105M-$109M, adjusted EBITDA loss $4M-$6M
Revenue expected in range of $105.0M to $109.0M for Q1 2026.
Angel Studios Q4 revenue $109.9M (+254% YoY); net loss $78.6M; guides FY26 EBITDA loss <$25M
Full-year 2025 revenue $321.6M (+233% YoY); Angel Guild revenue grew 488% to 65% of total.
Angel Studios amends credit facility, sets $30M liquidity and $30M equity proceeds requirement
Ratification and First Amendment to Loan and Security Agreement effective September 9, 2025, filed February 17, 2026.
Angel Studios surpasses 2 million paying Guild members; doubles in 9 months
2 million paying members as of Dec 30, 2025; up 25% since Q3 2025.
Angel Studios DAVID theatrical presales reach ~$14M ahead of Dec 19 release
Theatrical presales for animated musical DAVID total approximately $14M as of Dec 16, 2025.
Angel Studios enters ATM equity distribution agreement for up to $150M
Company may sell up to $150M of Class A common stock via at-the-market offering through multiple sales agents.
Angel Studios acquires three top-performing series: Tuttle Twins, Wingfeather Saga, Homestead
Tuttle Twins merger: cash + stock for investors, stock for key operators; Angel already owns 8% and provided $10.05M funding.
Angel Studios acquires three series IP for $89M; Tuttle Twins, Homestead, The Wingfeather Saga
Acquisition of IP for Tuttle Twins, Homestead, and The Wingfeather Saga for total consideration of ~$89M in cash and stock.
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.
Angel Studios Q3 revenue $76.5M (+280% YoY); net loss $38.6M; acquires DAVID franchise
Q3 revenue $76.5M (record), up 280% YoY; nine-month revenue $211.6M, up 223%.
Black Autumn Show acquisition term sheet: up to $28.2M in stock; payments of $0.2M in 2024 and $4.9M in 9mo 2025.
Angel Studios forms JV with 2521, acquires DAVID franchise for $77.9M; lawsuit dismissed
Angel (ANGX) and 2521 Entertainment form JV Giant Slayer Media; Angel contributes $33.7M for 42% stake.
Angel Studios completes SPAC merger, lists on NYSE under ANGX with new leadership
Merger closed Sep 10, 2025; Angel Legacy becomes wholly owned subsidiary; Company renamed Angel Studios, Inc.
Angel Studios appoints Tanner LLC as auditor after BDO's going-concern qualification
Tanner LLC appointed as independent auditor effective Sept 15, 2025, replacing BDO USA.
Business combination with Southport Acquisition Corporation completed on Sept 10, 2025.
Southport Acquisition shareholders approve merger with Angel Studios; all proposals pass
Business combination with Angel Studios approved by 5,496,349 votes for, none against.
Southport Acquisition amends merger with Angel Studios, removes $5M net tangible assets condition
Removed condition requiring Southport to have at least $5,000,001 net tangible assets at closing.
SPAC Southport postpones Oct 15 special meeting to Oct 22; 985K shares redeemed at ~$11.08
Holders of 985,170 Class A common shares exercised redemption rights at ~$11.08/share as of Oct 11, 2024.
Non-convertible unsecured promissory note up to $1,000,000 issued to sponsor Southport Acquisition Sponsor LLC on Oct 3, 2024.
Southport Acquisition Corp. enters $1.5B merger with Angel Studios
Merger values Angel Studios at $1.5B plus pre-closing capital; equity consideration at $10.00 per share.
Southport Acquisition to merge with Angel Studios at $1.6B enterprise value
Definitive merger agreement signed on Sept 11, 2024; combined company valued at $1.6B pro forma enterprise value.
NYSE commences delisting proceedings for PORT securities due to sub-$40M market cap
NYSE staff determined to delist PORT's Class A common, warrants, and units for failing $40M public float requirement.
Southport Acquisition extends deadline to Dec 14, 2024; ~$32M redeemed
Stockholders approved extending business combination deadline from March 14, 2024 to December 14, 2024.
Southport Acquisition extends business combination deadline to Nov 14, 2023
Board approved second one-month extension from Oct 14 to Nov 14, 2023.
Southport Acquisition receives NYSE non-compliance notice for delayed Q2 10-Q filing
NYSE notice received Aug 22, 2023 for failure to file Q2 10-Q by Aug 21, 2023 extended deadline.
Southport Acquisition extends deadline to Sep 14, 2023; $198M in redemptions
Extension approved to Sep 14, 2023, with board option to extend monthly up to Mar 14, 2024.
Southport Acquisition reports ~$198M in redemptions ahead of extension vote
Holders of 18,849,935 shares exercised redemption at ~$10.49/share, aggregate ~$198M.
Entered voting/non-redemption agreements covering 4,000,000 Class A shares to secure vote for extension and non-redemption.
On January 6, 2022, pursuant to the amended and restated certificate of incorporation of Southport Acquisition Corporation (the “Company”), the board of directors of the Company (the “Board”) voted to expand the size of the Board from five to seven and elected Matthew Hansen and Jennifer Nuckles to the Board, effective the same day.
On January 6, 2022, pursuant to the amended and restated certificate of incorporation of Southport Acquisition Corporation (the “Company”), the board of directors of the Company (the “Board”) voted to expand the size of the Board from five to seven and elected Matthew Hansen and Jennifer Nuckles to the Board, effective the same day.
The Board also elected Ms. Nuckles to serve as Chair of its audit committee, the Board’s sole standing committee, effective January 6, 2022, in place of Mr. Jared Stone (our Chairman of the Board), who will remain a member of the audit committee along with Mr. Sigmund Anderman.
Max materiality 1.00 · Median 0.65 · Most common event other_material