Southport Acquisition Corporation to merge with Angel Studios to become publicly listed company
Acquiring Company
Southport Acquisition Corporation
Acquired Company
Angel Studios
Del MarProvoFinancial ServicesArtificial IntelligenceSoftwareMedia And EntertainmentMobileMusicFilmFilm ProductionDescription
Angel Studios, the mission-driven differentiated media company, has entered into a definitive agreement to become a publicly listed company through a business combination with Southport Acquisition Corporation. Led by co-founder and CEO Neal Harmon, Angel Studios operates the Angel Guild, a community that decides which projects the studio will market and distribute. The transaction positions Angel Studios as a publicly traded company with Class A common stock listed on the NYSE or Nasdaq under the ticker symbol “AGSD”.
Quick answer
Southport Acquisition Corporation is acquiring Angel Studios, announced September 11, 2024. 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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Who to call at Southport Acquisition Corporation, and when
When Southport Acquisition Corporation changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Southport Acquisition Corporation raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Southport Acquisition Corporation, from your own LinkedIn network
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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 September 11, 2024. 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 September 11, 2024. Angel Studios, the mission-driven differentiated media company, has entered into a definitive agreement to become a publicly listed company through a business combination with Southport Acquisition Corporation. 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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