Every 8-K that SOUTHPORT ACQ CORP A (PORT) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow PORT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PORT filings page.
Angel Studios, Inc. reported results from its annual stockholder meeting held on May 21, 2026. Shareholders elected five directors—Neal Harmon, Steve Sarowitz, Robert C. Gay, Benton Crane, and Katie Liljenquist—to serve until the next annual meeting and until successors are elected and qualified.
Support for the directors was strong, with each nominee receiving over 460 million votes "for" and broker non-votes of 57,084,634 shares. Stockholders also ratified the appointment of Tanner LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026, with 519,551,386 votes in favor, 309,577 against, and 596,377 abstentions.
Angel Studios reported strong first-quarter 2026 growth but remains unprofitable. Total revenue rose to $115.1 million, a 143% year-over-year increase, driven mainly by Angel Guild revenue of $83.3 million and 11% growth in Guild membership to 2.22 million.
Gross profit increased to $71.1 million, with gross margin expanding to about 62%. Selling and marketing was $56.6 million, or 49% of revenue, down from 107% a year earlier. Net loss narrowed to $13.8 million, or $(0.08) per share, and Adjusted EBITDA improved to a positive $4.0 million from a loss of $(28.7) million.
Angel ended the quarter with $38.9 million in cash and 303.1 BTC valued at $20.7 million. In April 2026, it priced an underwritten offering of 16,445,000 Class A shares at $2.10 per share for $34.5 million in gross proceeds and reiterated a full-year 2026 Adjusted EBITDA loss target of less than $25 million.
Angel Studios, Inc. provided preliminary results for the first quarter of 2026. The company expects revenue between $105.0 million and $109.0 million. It also projects Adjusted EBITDA, a non-GAAP metric, in a loss range of $(4.0) million to $(6.0) million.
Management defines Adjusted EBITDA as earnings before interest, taxes, depreciation, amortization, stock compensation, gain or loss on digital assets, and exceptional items. These figures are preliminary, may change after quarter-end review procedures, and have not been audited or reviewed by Tanner LLP.
Angel Studios, Inc. reported very rapid growth but widening losses for the fourth quarter and full year 2025. Fourth quarter revenue reached $109.9 million, up from $31.0 million a year earlier, driven mainly by a $54.7 million increase in Angel Guild revenue and a $19.6 million rise in theatrical revenue from the DAVID release. Full-year revenue was $321.6 million, compared with $96.5 million in 2024. Gross margin in Q4 improved to 60% from 58%, but heavy selling and marketing spend of $120.6 million in the quarter contributed to a Q4 net loss of $78.6 million, or ($0.47) per share. For 2025, net loss widened to $170.5 million. As of December 31, 2025, cash and cash equivalents were $44.1 million, up from $7.2 million a year earlier, while total liabilities rose to $267.2 million and stockholders’ equity turned negative at $(25.8) million. The company highlighted Angel Guild annual recurring revenue of $360 million and expects a significantly narrowed Adjusted EBITDA loss of less than $25 million for full-year 2026.
Angel Studios, Inc. has amended and ratified its Loan and Security Agreement with Trinity Capital and other lenders through a First Credit Facility Amendment effective as of September 9, 2025. This follows a September 10, 2025 business combination in which Angel Studios assumed all liabilities and obligations of the original borrower under the credit facility.
The amendment also reflects the formation of a joint venture and its acquisition of rights, titles and interests in the animated feature film provisionally entitled DAVID. Key financial covenants were revised, including setting the required liquidity level at $30,000,000.
In addition, the company must provide evidence to the administrative agent that it has received net cash proceeds of an additional $30,000,000 from the sale or issuance of Angel Studios’ equity interests between January 1, 2025 and June 30, 2026, on terms and conditions satisfactory to the administrative agent.
Angel Studios, Inc. filed a current report to share a business milestone under Regulation FD. On December 30, 2025, the company announced via press release that it has surpassed two million paying Angel Guild members, highlighting the scale of its paying member community. The press release containing this information is attached as an exhibit and incorporated by reference.
Angel Studios, Inc. reported that its Board approved 2026 compensation arrangements for certain executive officers under its 2025 Long-Term Incentive Plan. For Chief Executive Officer Neal Harmon, the Board set a 2026 base salary of $550,000 and granted 245,916 restricted stock units (RSUs) and 129,176 performance-based restricted stock units (PSUs).
The RSU grant vests one-third on December 10, 2026, with the remaining two-thirds vesting in eight equal quarterly installments from February 18, 2027 through November 18, 2028, subject to the 2025 plan and award agreements. The PSUs vest only if minimum average share-price milestones are met during the ten-year period after grant and the executive remains employed on the first day of the quarter after the milestone is reached. Each RSU and PSU corresponds to one share of Class A common stock.
Angel Studios, Inc. entered into an Equity Distribution Agreement with Oppenheimer & Co., TCBI Securities (Texas Capital Securities), Maxim Group and Roth Capital Partners, allowing the company to offer and sell from time to time up to $150,000,000 of its Class A common stock through an "at-the-market" equity program. Shares may be sold under an effective shelf registration statement and related prospectus and prospectus supplement.
The sales agents will use commercially reasonable efforts to place the stock, and will receive a commission of up to 3.0% of the gross sales price per share. Angel Studios also agreed to reimburse certain legal fees of the agents, including up to $100,000 for establishing the program and $15,000 on a quarterly basis. The agreement includes customary representations, warranties, indemnification and termination provisions, and explicitly states that it does not itself constitute an offer or sale where that would be unlawful.
Angel Studios, Inc. filed an amended Form 8-K (8-K/A) to furnish a revised press release about its planned acquisition of three series: Tuttle Twins, Homestead, and The Wingfeather Saga.
The revision clarifies the status of the transactions and corrects the description of purchase consideration to be paid upon closing. The information is provided under Item 7.01 (Regulation FD) and is being furnished, not filed. No other changes to the original report were made.
Angel Studios (ANGX) furnished an update stating it issued a press release announcing the acquisition of three series: Tuttle Twins, Homestead, and The Wingfeather Saga.
The disclosure was provided under Item 7.01 and the press release is attached as Exhibit 99.1. The information is being furnished, not filed, under the Exchange Act.
Angel Studios, Inc. furnished a Form 8-K announcing that it issued a press release with financial results and operational highlights for the quarter ended September 30, 2025.
The press release is included as Exhibit 99.1. The information under Item 2.02, including Exhibit 99.1, is furnished and not filed and is not subject to Section 18 of the Exchange Act, nor incorporated by reference into other filings except as expressly set forth.
Angel Studios, Inc. filed an amendment to its prior report about recent board appointments to provide additional related-party disclosure. The company’s Board had elected Katie Liljenquist and Benton Crane as directors effective October 22, 2025. On November 6, 2025, the company determined there are currently no transactions with Ms. Liljenquist that require disclosure under Item 404(a) of Regulation S-K. The company also determined that certain transactions involving Mr. Crane are required to be disclosed under that same related-party disclosure rule.
Angel Studios (ANGX) expanded its Board from five to seven directors and elected Katie Liljenquist and Benton Crane, effective October 22, 2025. They will serve until the next annual meeting or until successors are elected and qualified. The Board has not yet determined their independence or any transactions requiring Item 404(a) disclosure. The company noted Mr. Crane is a cousin of the CEO/President/Chief Content Officer and a founder of Legacy Angel; Ms. Liljenquist previously served on Legacy Angel’s board.
Non-employee director compensation was approved: an annual cash retainer of $50,000, plus $15,000 for the Audit Committee Chair. Each non-employee director will also receive RSUs with an aggregate grant-date fair value of approximately $75,000, effective October 23, 2025, vesting in equal quarterly installments over one year under the 2025 Long-Term Incentive Plan.