Angel Studios Completes Merger with Southport Acquisition

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2025.09.10 21:29
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Angel Studios, Inc. has successfully merged with Southport Acquisition Corp., with the new entity set to trade on the NYSE under the ticker ‘ANGX’ from September 11, 2025. This merger reflects Angel's growth in membership and revenue, supported by a $100 million credit facility from Trinity Capital. Angel Studios focuses on values-based storytelling and has a community of over 1.5 million members globally who influence its project decisions. The current market cap stands at $214.2 million, with a technical sentiment signal indicating a buy.