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Angel Studios, Inc.

Completed deSPAC · 1 SPAC · 1 closed · 0 announced

Southport Acquisition Corporation (Nasdaq: PORT) completed its initial public offering in 2021, pursuing acquisition targets in the media and entertainment sector. On November 20, 2025, the company announced a definitive business combination agreement with Angel Studios, Inc., the independent media firm recognized for its audience-funded distribution model and a growing slate of faith- and family-oriented theatrical and streaming releases. The transaction has since closed, completing PORT's transition from blank-check vehicle to operating company under the Angel Studios banner. To access full deal documentation, SEC filings, and SPAC analytics on PORT and the broader market, sign up for complete data access at SpacDesk.

Announced
2025-11-20
Closed
2025-09-16
PIPE Raised
Industry
Media

SPAC Counterparty (1)

SymbolIssuerStatusAnnouncedCloseIPO SizePIPESponsor
PORTSouthport Acquisition CorporationClosed2025-11-202025-09-16$230.0MSouthport Acquisition Sponsor LLC