Angel Studios to go public via a SPAC merger with Southport Acquisition Corporation.

Angel Studios, the studio empowering everyday fans to greenlight development and distribution of movies and TV shows, agreed to go public via a SPAC merger with Southport Acquisition Corporation, a special purpose acquisition company. Financial terms were not disclosed. Angel Studios is a values-based distribution company for stories that amplify light to mainstream audiences. Through the Angel Guild, 375k members choose which film and television projects the studio will market and distribute. 104k Angel Guild members in 155 countries have invested nearly $80m in projects distributed by the studio to date.