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Southport to acquire Angel Studios in merger

PUBLIC · PORT-UNMay 20, 2025

Acquiring Company

Southport Acquisition Corporation

Acquired Company

Angel Studios

Del MarProvoFinancial ServicesArtificial IntelligenceSoftwareMedia And EntertainmentMobileMusicFilmFilm Production

Description

Southport Acquisition Corporation has announced its intent to merge with Angel Studios. This transaction will enhance Angel's ability to produce and distribute its unique content driven by its passionate community. Together, they aim to expand their reach in the film and television market.

Quick answer

Southport Acquisition Corporation is acquiring Angel Studios, announced May 20, 2025. Southport Acquisition Corporation is based in Del Mar, California, United States.

How much did Southport Acquisition Corporation pay for Angel Studios?
The deal value was not disclosed.
What does Southport Acquisition Corporation do?
Southport Acquisition Corporation is a special purpose acquisition company (SPAC) that focuses on identifying a prospective target company and then acquiring it, thereby making it a publicly traded company.
Where are Southport Acquisition Corporation and Angel Studios based?
Southport Acquisition Corporation is based in Del Mar, California, United States. Angel Studios is based in Provo, Utah, United States.

Source: Fundz verified event record.

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Company Information

Company

Southport Acquisition Corporation

Location

Del Mar, California, United States

About

Southport Acquisition Corporation is a special purpose acquisition company (SPAC) that focuses on identifying a prospective target company and then acquiring it, thereby making it a publicly traded company. Southport seeks to support companies with strong potential for future growth and success in the stock market.

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Frequently asked

Who acquired Angel Studios?

Angel Studios was acquired by Southport Acquisition Corporation, based in Del Mar. The deal was reported on May 20, 2025. Southport Acquisition Corporation is a special purpose acquisition company (SPAC) that focuses on identifying a prospective target company and then acquiring it, thereby making it a publicly traded company. Southport Acquisition Corporation is publicly traded (PORT-UN) and operates in Financial Services.

When did Southport Acquisition Corporation acquire Angel Studios?

Southport Acquisition Corporation's acquisition of Angel Studios was reported on May 20, 2025. Southport Acquisition Corporation has announced its intent to merge with Angel Studios. This transaction will enhance Angel's ability to produce and distribute its unique content driven by its passionate community. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Angel Studios do?

Angel Studios' mission is to be the home of stories that amplify light. Angel's crowdfunded studio platform serves audiences that have been overlooked by Hollywood and other media conglomerates. It is publicly traded (ANGX), operating in Software, and is based in Provo.

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