Welcome to our dedicated page for Angel Studios SEC filings (Ticker: ANGX), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Angel Studios, Inc. (NYSE: ANGX) SEC filings page on Stock Titan brings together the company’s regulatory disclosures as a media and technology business focused on values-driven films and television series. Through its filings, Angel details how its Angel Guild membership base, theatrical releases, and platform activity translate into revenue, expenses, and capital structure.
Key documents for ANGX include annual reports on Form 10-K and quarterly reports on Form 10-Q, where Angel reports financial results, discusses the growth of its paying Angel Guild members, and outlines the contribution of recurring membership revenue relative to total revenue. These filings also describe content investments, marketing spend around theatrical releases such as DAVID, and the company’s use of a credit facility and digital assets as part of its treasury strategy.
Angel’s current reports on Form 8-K provide timely updates on material events, including record presales for DAVID, milestones in Guild membership, planned acquisitions of franchises like Tuttle Twins, Homestead, and The Wingfeather Saga, and the establishment of an at-the-market equity offering program under a Form S-3 shelf registration. Other 8-K filings describe executive compensation arrangements under the 2025 Long-Term Incentive Plan and equity awards tied to share price performance.
Investors can also review registration statements such as the company’s Form S-3, which supports potential resales by securityholders and future capital raises, along with related legal opinions and exhibits. Stock Titan’s interface surfaces these filings with AI-powered summaries that explain complex sections, highlight items like revenue drivers, stock-based compensation, and material agreements, and make it easier to locate specific information such as equity distribution terms or compensation plans. Real-time updates and access to Forms 3, 4, and 5, when available, help users monitor insider equity activity alongside Angel’s broader regulatory history.
Neal Harmon, Chief Executive Officer and Chairman of Angel Studios, Inc., filed a Schedule 13D reporting beneficial ownership of 22,389,906 shares of the issuer's common stock, representing approximately 18.3% of the 99,910,315 shares outstanding as of September 11, 2025. The total includes 26,495 Class A shares held directly, 22,032,683 Class B shares convertible one-for-one into Class A, and vested options exercisable for 330,728 Class B shares within 60 days of September 11, 2025. Shares were acquired as founder's shares, via a Regulation CF purchase, and as compensation. Harmon states the shares are held for investment and to align incentives with his executive role. He entered a lock-up restricting transfers for up to one year, subject to release conditions tied to share price thresholds of $12.50 and $15.00 over specified trading windows.
Angel Studios, Inc. received a Schedule 13G filing disclosing that Gigafund entities and two individuals report beneficial ownership of a substantial stake in the issuer's Class A common stock. Gigafund 1, LP and Gigafund 1 GP, LP each report 19,459,882 Class A Shares, representing 19.48% of the 99,910,315 Class A Shares outstanding as of September 11, 2025. Individual filings show Luke Nosek and Stephen D. Oskoui each are reported with shared voting and dispositive power over those same 19,459,882 shares; Mr. Oskoui separately reports 191,155 shares held solely and an option for 137,651 Class B Shares convertible into Class A Shares, giving him an aggregate reported position of 19,651,037 shares or 19.64%.
The filing states that Mr. Nosek and Mr. Oskoui together control voting and investment decisions for the Gigafund-held shares and that the holdings were not acquired to influence control of the issuer. A Joint Filing Agreement is included as Exhibit 99.1.
Stephen D. Oskoui, a director of Angel Studios, Inc., reported transactions on Form 4 showing a conversion and his firm's holdings. On 09/12/2025 he converted 53,504 shares of Class B common stock into 53,504 shares of Class A common stock at a $0 conversion price. After the reported transaction he directly held 53,504 Class A shares. He also beneficially owns 19,459,882 Class A shares indirectly through Gigafund 1, LP, where Gigafund 1 GP, LP is the general partner and Mr. Oskoui and Luke Nosek control voting and investment decisions. The report disclaims ownership except to the extent of pecuniary interest.
Southport Acquisition Corp (PORTW) filed an 8-K describing material agreements and corporate changes tied to its proposed business combination and related proxy materials. The filing references an Amended and Restated Registration Rights Agreement among the Sponsor and certain Angel Legacy stockholders, incorporation of numerous proxy/S-1 sections by reference, and disclosure of risk factors including competition, profitability, cybersecurity, financing needs, litigation risk, and potential loss of NYSE listing.
The company notes adoption of a 2025 equity incentive plan following shareholder approval and describes capital structure voting differences between Class A and Class B shares and several significant equity holdings and option positions.
Angel Studios, Inc. (ANGX) completed a business combination that converted legacy Angel Legacy and Southport securities into Combined Company classes and options, with legacy ASI stockholders retaining approximately 99% voting power. The company raised and received multiple financings including a $10.0 million purchase of Angel Legacy Class C shares paid in bitcoin, subsequent sales of Class C stock (generating ~$9.4 million post-period), August 2025 convertible notes totaling $7.0 million bearing 16% interest convertible at $39.00 per share, and planned Regulation A offerings up to $55.0 million.
Operating metrics show Angel Guild paying members grew from ~0.6 million to 1.3 million, generating ~ $101.1 million in cash from memberships through June 30, 2025. The company reported significant cash usage and an accumulated deficit (~$137.2 million) and states management expects to fund operations through issuance of debt and equity through August 2026, noting material risks including arbitration outcomes, litigation, and reliance on financings.
Angel Studios, Inc. reports that it has completed its previously announced business combination in which Sigma Merger Sub merged into Angel Studios Legacy, which now operates as a wholly owned subsidiary, and the company changed its name from Southport Acquisition Corporation to Angel Studios, Inc.
The company’s audit committee approved the appointment of Tanner LLC as independent registered public accounting firm for the year ending December 31, 2025, replacing BDO USA, P.C., which had audited Southport before the merger. BDO’s prior audit reports included an explanatory paragraph expressing substantial doubt about Southport’s ability to continue as a going concern, tied to its limited cash and reliance on completing the business combination.
The company states there were no disagreements with BDO on accounting principles, financial disclosure, or audit scope, though BDO had identified material weaknesses in internal control over financial reporting related to the statement of cash flows, recognition of excise tax liabilities, and presentation and recording of accrued liabilities, which continued to exist as of June 30, 2025.