Angel Studios, Inc. Completes Business Combination with Southport Acquisition Corporation - Southport Acquisition (OTC:PORT)
Angel Studios raised $55 million from stock sales and secured a $100 million credit facility to grow its 1.5 million-member Angel Guild and innovate in values-based entertainment.
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Angel Studios Debuts on New York Stock Exchange After Merger With Southport Acquisition
Utah-based Angel Studios, Inc., a media and technology firm, went public on Sept. 11 following the completion of its partnership with Southport Acquisition Corporation, a special purpose acquisition company based in Delaware. The combined company now operates as Angel Studios, Inc., with its Class A common stock beginning trading on Sept. 11 on the New York Stock Exchange under the ticker ANGX. Shares of the independent studio behind films such …
Angel Studios Goes Public: Will Investors Buy Into the Entertainment Business’ Faith-Friendly Outsider?
'We have a mission that we're trying to reach, and we need to fill up the gas tank. That’s what this process has done for us,' Angel CEO Neal Harmon told THR.
A new model for Hollywood: Angel CEO Neal Harmon on rewriting the studio model
Neal Harmon, Angel co-founder and CEO, joins 'Squawk Box' to discuss letting its audience green light and fund the movies and shows they want to see, going public through a SPAC merger on the NYSE today, and more.
‘Sound Of Freedom’ Distributor Angel Studios Closes SPAC Merger; Stock To Start Trading Thursday
Angel Studios, the emerging film distributor whose crowd-driven model drove the success of left-field hit Sound of Freedom in 2023, is officially going public. The company said it has closed its SPAC merger with Southport Acquisition Corp., and its shares will start public trading Thursday on the New York Stock Exchange. Special-purpose acquisition companies, or […]
‘Sound of Freedom’ Distributor Angel Studios Closes Deal to Become Publicly Traded Company Valued at $1.6 Billion
Angel Studios, which has built up a portfolio of faith-based movies and TV shows and has 1.5 million members of its Angel Guild program, has completed a merger deal to become a publicly traded company. The company, whose biggest hit is religious thriller movie “Sound of Freedom,” said Wednesday that it closed its business combination with Southport Acquisition Corp., a special purpose acquisition company (SPAC). The SPAC deal values the combin…
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