Market Movers (8-K)
See all →Angel Studios announced robust second quarter 2026 financial results, highlighted by a 99.2% year-over-year increase in Guild membership and a 93.8% rise in Guild revenue.
Angel Studios, Inc. successfully concluded its 2026 annual meeting, confirming the election of five directors and the ratification of its independent auditor.
Angel Studios reported strong Q1 2026 growth with $115.1 million in revenue and a shift to positive Adjusted EBITDA of $4.0 million.
Better than expected
Capital raise
Angel Studios projects Q1 2026 revenue between $105M-$109M and Adjusted EBITDA between $(4.0)M-$6.0M, with full results expected in May 2026.
Angel Studios reported record fourth-quarter and full-year 2025 revenue, driven by Angel Guild growth and theatrical success, alongside significantly increased net losses.
Worse than expected
Capital raise
Angel Studios, Inc. amended its loan and security agreement, revising liquidity requirements and mandating an additional $30 million equity raise by mid-2026.
Capital raise
Quarterly Earnings (10-Q)
See all →Angel Studios reported a significant revenue increase in Q3 2025 driven by Angel Guild growth and content licensing, alongside a substantial rise in net losses due to increased marketing and operating expenses.
Worse than expected
Capital raise
Southport Acquisition Corporation reported a significant net loss and a worsening working capital deficit, raising substantial doubt about its ability to continue as a going concern, despite progress on its merger with Angel Studios.
Worse than expected
Capital raise
10-Q: Southport Acquisition Corp Reports Net Loss in Q1 2025, Continues Pursuit of Angel Studios Merger
Southport Acquisition Corp reports a net loss for Q1 2025 while progressing towards its proposed business combination with Angel Studios.
Worse than expected
Capital raise
Southport Acquisition Corporation reported a net loss for Q3 2024 and is progressing with its merger plans with Angel Studios, while also seeking an extension to its business combination deadline.
Worse than expected
Delay expected
Capital raise
Southport Acquisition Corporation reported its second quarter 2024 results, which included a net loss, while navigating delisting from the NYSE and continuing its search for a business combination.
Worse than expected
Delay expected
Capital raise
Southport Acquisition Corporation reported a net income of $261,607 for the first quarter of 2024, while also navigating a delisting from the NYSE.
Worse than expected
Delay expected
Capital raise
Annual Reports (10-K)
Angel Studios, Inc. announced the acquisition of Toothy Cow Productions, Black Autumn Show, Inc., and Tuttle Twins Show, LLC, significantly expanding its content library while reporting substantial revenue growth and increased net losses for fiscal year 2025.
Worse than expected
Capital raise
Southport Acquisition Corporation's 10-K filing reveals substantial doubt about its ability to continue as a going concern, despite a proposed merger with Angel Studios.
Worse than expected
Southport Acquisition Corporation's 10-K filing reveals ongoing efforts to find a merger partner, but also highlights substantial doubts about the company's ability to continue as a going concern.
Worse than expected
Delay expected
Capital raise
Insider Trading (Form 4)
See all →Neal Harmon, Chief Executive Officer and a Director of Southport Acquisition Corp, purchased 29,193 shares of common stock on August 14, 2026 for $4.28 per share.
Jeffrey Harmon, Chief Content Officer of Southport Acquisition Corp, purchased 230,080 shares of common stock on August 13, 2026.
Steven I Sarowitz, a Director of Southport Acquisition Corp, purchased 57,922 shares of common stock on August 14, 2026 for $4.26 per share.
Steven I Sarowitz, a Director of Southport Acquisition Corp, purchased 353,815 shares of common stock on August 12, 2026.
Elizabeth Ellis, Chief Operating Officer of Southport Acquisition Corp, reported multiple transactions in common stock on July 31, 2026.
Steven I Sarowitz, a Director of Southport Acquisition Corp, reported multiple transactions in common stock on July 23, 2026.
Proxy Statements (Def-14A)
See all →Angel Studios, Inc. has announced its 2026 Annual Meeting of Stockholders, scheduled for May 21, 2026, to elect directors and ratify auditor appointment.
Delay expected
Southport Acquisition Corporation reminds warrantholders to vote on a crucial amendment proposal for its business combination with Angel Studios, warning warrants may expire worthless if the deal is not completed.
Delay expected
Southport Acquisition Corporation has postponed its special meetings for stockholders and warrantholders to August 25, 2025, extending the redemption request deadline.
Worse than expected
Delay expected
Southport Acquisition Corporation is seeking stockholder approval to extend the deadline for completing a business combination and to amend its charter to eliminate a net tangible asset limitation, crucial steps for its merger with Angel Studios.
Southport Acquisition Corporation has cancelled its special meeting of stockholders and intends to reschedule it with a new proposal to amend the company's certificate of incorporation regarding redemption limitations.
Delay expected
DEFA14A: Southport Acquisition Corporation Postpones Special Meeting to Solicit Redemption Reversals
Southport Acquisition Corporation postpones its special meeting to October 22, 2024, to engage with stockholders and solicit redemption reversals after a significant number of shares were redeemed.
Worse than expected
Delay expected
New Public Companies (S-1)
Angel Studios, Inc. filed a Pre-Effective Amendment No. 2 to its Form S-3 registration statement to register for resale up to 10,042,523 shares of common stock by selling securityholders.
Angel Studios, Inc. filed a Pre-Effective Amendment No. 2 to its Form S-3 registration statement to register for resale up to 10,042,523 shares of common stock by selling securityholders.
Capital raise
Angel Studios, Inc. filed a pre-effective amendment to convert its S-1 registration statement to Form S-3, enabling selling securityholders to resell up to 10,042,523 shares of common stock.
Capital raise
Angel Studios, Inc. (formerly Southport Acquisition Corporation) has finalized its business combination with Angel Legacy, Inc., securing significant new financing and detailing its strategic bitcoin treasury holdings.
Worse than expected
Capital raise
Schedule 13D - Activist Investments
SCHEDULE: Angel Studios CEO Adjusts Share Holdings
Angel Studios CEO Neal Harmon has amended his Schedule 13D filing to reflect significant transfers of Class B Common Stock to trusts, impacting beneficial ownership and voting power.
Jeffrey Harmon amends Schedule 13D to detail changes in beneficial ownership of Angel Studios, Inc. Class A and Class B common stock, including transfers to trusts for estate planning and charitable purposes.
SCHEDULE: Angel Studios CCO Discloses 18.2% Stake
Jeffrey Harmon, Chief Content Officer of Angel Studios, Inc., has disclosed beneficial ownership of 18.2% of the company's Class A Common Stock, primarily for investment and employment incentives.
Neal Harmon, CEO and Chairman of Angel Studios, Inc., reported beneficial ownership of 18.3% of the company's Class A Common Stock, primarily for investment and incentive purposes.
Schedule 13G - Passive Investments
Gigafund 1, LP, along with its general partner and key individuals, reported a significant passive beneficial ownership of 19.48% in Angel Studios, Inc.'s Class A common stock.