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Angel Studios Inc. is advancing towards becoming a publicly traded company through a business combination with Southport Acquisition Corporation (OTC: PORT). The company has scheduled a special shareholder meeting for September 5, 2025, to vote on the merger transaction.
Angel Studios has shown significant growth, with Q2 2025 revenue reaching $87.4 million, up from $15.3 million in Q2 2024. The company has expanded its Guild membership to 1.5 million paying members across 180+ countries and achieved 70.5 million Angel App installs as of June 30, 2025.
Upon merger approval, Angel will trade under the ticker symbol "ANGX", with Class A shares publicly traded while Class B shares remain private with enhanced voting rights.
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