[Form 3] Southport Acquisition Corp Initial Statement of Beneficial Ownership
Robert C. Gay filed an initial Form 3 reporting an indirect ownership interest in Angel Studios, Inc. (symbol ANGX). The report reflects a transaction date of 09/10/2025 and lists Mr. Gay's relationship to the issuer as a Director. He is shown as beneficially owning 205,789 shares of Class A common stock indirectly through KI 2025 Directs, LLC. The filing includes a standard disclaimer that the reporting person disclaims beneficial ownership except to the extent of his pecuniary interest. The form is signed by an attorney-in-fact, Patrick J. Reilly, dated 09/22/2025, and references an Exhibit 24 Power of Attorney.
Robert C. Gay ha presentato una prima Form 3 per comunicare una partecipazione indiretta in Angel Studios, Inc. (simbolo ANGX). Il deposito riporta una data di transazione del 09/10/2025 e indica il legame di Mr. Gay con l’emittente come Direttore. Risulta beneficiariamente proprietario di 205.789 azioni ordinarie di Classe A indirettamente tramite KI 2025 Directs, LLC. Il deposito contiene il consueto disclaimer secondo cui la persona che segnala rinuncia alla proprietà beneficiaria salvo il proprio interesse economico. Il modulo è firmato dall’avvocato-in-fatto Patrick J. Reilly, datato 22/09/2025, e fa riferimento a una Power of Attorney Allegato 24.
Robert C. Gay presentó un Form 3 inicial para reportar una participación indirecta en Angel Studios, Inc. (símbolo ANGX). El informe indica una fecha de transacción del 09/10/2025 y describe la relación de Mr. Gay con la sociedad emisora como Director. Se le muestra como propietario beneficiario de 205,789 acciones ordinarias de Clase A indirectamente a través de KI 2025 Directs, LLC. El escrito incluye un descargo de responsabilidad estándar en el que la persona que presenta el informe renuncia a la propiedad beneficiosa, salvo la medida de su interés pecuniario. El formulario está firmado por el apoderado Patrick J. Reilly, con fecha 22/09/2025, y hace referencia a un Poder Notarial del Anexo 24.
Robert C. Gay가 Angel Studios, Inc.의 간접 소유 지분을 보고하기 위한 최초의 Form 3를 제출했습니다(심볼 ANGX). 보고서는 거래일을 2025-09-10로 반영하고 발행회사의 관계를 이사로 기재합니다. 간접적으로 KI 2025 Directs, LLC를 통해 205,789주의 Class A 보통주를 보유한 것으로 표시됩니다. 제출물에는 보고자가 경제적 이해 범위 내에서만 실질적 소유권을 주장한다는 표준 면책 조항이 포함되어 있습니다. 서식은 Patrick J. Reilly 변리사가 서명했고, 날짜는 2025-09-22이며 Exhibit 24 Power of Attorney를 언급합니다.
Robert C. Gay a déposé une Form 3 initiale pour déclarer une participation indirecte dans Angel Studios, Inc. (symbole ANGX). Le rapport indique une date de transaction le 09/10/2025 et précise que la relation de M. Gay avec l’émetteur est celle de Directeur. Il apparaît comme bénéficiaire effectif de 205 789 actions ordinaires de classe A (indirectement) par l’intermédiaire de KI 2025 Directs, LLC. Le dossier contient une clause de non‑possessión standard indiquant que le déclarant désinvestit de la propriété bénéficiaire, jusqu’à la mesure de son intérêt pécuniaire. Le formulaire est signé par l’avocat-in-fact Patrick J. Reilly, daté du 22/09/2025, et fait référence à une Exhibit 24 Power of Attorney.
Robert C. Gay hat einen ersten Form 3 eingereicht, um eine indirekte Eigentumsbeteiligung an Angel Studios, Inc. (Symbol ANGX) zu melden. Der Bericht weist ein Transaktionsdatum vom 09/10/2025 aus und nennt die Beziehung des Antragstellers zum Emittenten als Direktor. Er wird als wirtschaftlich Berechtigter von 205.789 Class-A-Stammaktien indirekt über KI 2025 Directs, LLC geführt. Die Einreichung enthält den üblichen Hinweis, dass die meldende Person kein wirtschaftliches Eigentum besitzt, außer im Umfang ihrer finanziellen Interessen. Das Formular ist von dem Bevollmächtigten Patrick J. Reilly unterschrieben, datiert auf den 22/09/2025, und verweist auf eine Exhibit 24 Power of Attorney.
روبرت C. جاي قد قدّم نموذج Form 3 أولي للإبلاغ عن مصلحة ملكية غير مباشرة في Angel Studios, Inc. (الرمز ANGX). يظهر التقرير تاريخ صفقة 09/10/2025 ويذكر علاقة السيد جاي بالجهة المصدرة كـ مدير. يُبيّن أنه يمتلك بشكل مستفيد 205,789 سهماً من فئة أ عادية بشكل غير مباشر عبر KI 2025 Directs, LLC. يتضمن الملف تنصيصاً قياسياً يفيد بأن الشخص المبلغ عنه يتنصل من الملكية Beneficial Ownership باستثناء مداخله المالية. يُوقّع النموذج من قبل الوكيل القانوني Patrick J. Reilly بتاريخ 22/09/2025، ويشير إلى تفويض وكيان قانوني Exhibit 24 Power of Attorney.
Robert C. Gay 已提交初始的 Form 3，用于报告对 Angel Studios, Inc. 的间接所有权（股票代码 ANGX）。报告显示交易日期为 2025-09-10，并将他与发行人之间的关系列为 董事。他被列为通过 KI 2025 Directs, LLC 间接持有 205,789 股 A 类普通股的受益所有人。 filing 包含标准免责声明，表示报告人对实际所有权不承担所有权，除非其有经济利益。该表格由代理律师 Patrick J. Reilly 签署，日期为 2025-09-22，并提及 Exhibit 24 授权书。
- Disclosure filed in compliance with Section 16, improving transparency
- 205,789 Class A shares reported, providing a clear ownership figure
- No derivatives reported, simplifying assessment of potential dilution
- No purchase price or acquisition details provided, limiting economic context
- Indirect ownership via an LLC may obscure direct control or beneficial-owner specifics beyond pecuniary interest
Insights
TL;DR: Routine initial Section 16 filing showing a director's indirect stake; no material control change or derivative holdings disclosed.
The Form 3 is a standard disclosure that notifies investors and regulators of a director-level insider's initial reported stake in the issuer. The 205,789 Class A shares are held indirectly via an LLC, which is common for estate planning or investment-entity structures and does not, by itself, indicate direct control or operational change. The explicit disclaimer limits assertions of beneficial ownership to pecuniary interest only. No options, warrants, convertible securities, or other derivative positions are reported, and there are no red flags such as pledging or unusual encumbrances disclosed in the filing.
TL;DR: Initial ownership report is informational; the stake size is disclosed but the filing contains no transaction economics or timing beyond the event date.
This Form 3 provides necessary transparency under Section 16 but contains limited economic detail. It reports an indirect holding of 205,789 Class A shares in Angel Studios, Inc. via KI 2025 Directs, LLC, with no accompanying derivative positions or exercise prices. Because the filing lacks purchase price, acquisition source, or subsequent transactions, it does not change valuation models or liquidity assessments on its own. The attorney-in-fact signature and Exhibit 24 indicate proper authorization for filing.
Robert C. Gay ha presentato una prima Form 3 per comunicare una partecipazione indiretta in Angel Studios, Inc. (simbolo ANGX). Il deposito riporta una data di transazione del 09/10/2025 e indica il legame di Mr. Gay con l’emittente come Direttore. Risulta beneficiariamente proprietario di 205.789 azioni ordinarie di Classe A indirettamente tramite KI 2025 Directs, LLC. Il deposito contiene il consueto disclaimer secondo cui la persona che segnala rinuncia alla proprietà beneficiaria salvo il proprio interesse economico. Il modulo è firmato dall’avvocato-in-fatto Patrick J. Reilly, datato 22/09/2025, e fa riferimento a una Power of Attorney Allegato 24.
Robert C. Gay presentó un Form 3 inicial para reportar una participación indirecta en Angel Studios, Inc. (símbolo ANGX). El informe indica una fecha de transacción del 09/10/2025 y describe la relación de Mr. Gay con la sociedad emisora como Director. Se le muestra como propietario beneficiario de 205,789 acciones ordinarias de Clase A indirectamente a través de KI 2025 Directs, LLC. El escrito incluye un descargo de responsabilidad estándar en el que la persona que presenta el informe renuncia a la propiedad beneficiosa, salvo la medida de su interés pecuniario. El formulario está firmado por el apoderado Patrick J. Reilly, con fecha 22/09/2025, y hace referencia a un Poder Notarial del Anexo 24.
Robert C. Gay가 Angel Studios, Inc.의 간접 소유 지분을 보고하기 위한 최초의 Form 3를 제출했습니다(심볼 ANGX). 보고서는 거래일을 2025-09-10로 반영하고 발행회사의 관계를 이사로 기재합니다. 간접적으로 KI 2025 Directs, LLC를 통해 205,789주의 Class A 보통주를 보유한 것으로 표시됩니다. 제출물에는 보고자가 경제적 이해 범위 내에서만 실질적 소유권을 주장한다는 표준 면책 조항이 포함되어 있습니다. 서식은 Patrick J. Reilly 변리사가 서명했고, 날짜는 2025-09-22이며 Exhibit 24 Power of Attorney를 언급합니다.
Robert C. Gay a déposé une Form 3 initiale pour déclarer une participation indirecte dans Angel Studios, Inc. (symbole ANGX). Le rapport indique une date de transaction le 09/10/2025 et précise que la relation de M. Gay avec l’émetteur est celle de Directeur. Il apparaît comme bénéficiaire effectif de 205 789 actions ordinaires de classe A (indirectement) par l’intermédiaire de KI 2025 Directs, LLC. Le dossier contient une clause de non‑possessión standard indiquant que le déclarant désinvestit de la propriété bénéficiaire, jusqu’à la mesure de son intérêt pécuniaire. Le formulaire est signé par l’avocat-in-fact Patrick J. Reilly, daté du 22/09/2025, et fait référence à une Exhibit 24 Power of Attorney.
Robert C. Gay hat einen ersten Form 3 eingereicht, um eine indirekte Eigentumsbeteiligung an Angel Studios, Inc. (Symbol ANGX) zu melden. Der Bericht weist ein Transaktionsdatum vom 09/10/2025 aus und nennt die Beziehung des Antragstellers zum Emittenten als Direktor. Er wird als wirtschaftlich Berechtigter von 205.789 Class-A-Stammaktien indirekt über KI 2025 Directs, LLC geführt. Die Einreichung enthält den üblichen Hinweis, dass die meldende Person kein wirtschaftliches Eigentum besitzt, außer im Umfang ihrer finanziellen Interessen. Das Formular ist von dem Bevollmächtigten Patrick J. Reilly unterschrieben, datiert auf den 22/09/2025, und verweist auf eine Exhibit 24 Power of Attorney.
FAQ
What does the Form 3 filed by Robert C. Gay for Angel Studios (ANGX) report?
When is the event date listed on the Form 3 for ANGX?
Does the Form 3 disclose any options or derivative securities for ANGX?
Who signed the Form 3 and when was it signed?
Does the reporting person claim full beneficial ownership of the reported shares?
