Angel Studios Goes Public After Closing SPAC Merger with Southport Acquisition Corp.

Angel Studios, the emerging film distributor whose crowd-driven model drove the success of left-field hit Sound of Freedom in 2023, is officially going public.

The company said it has closed its SPAC merger with Southport Acquisition Corp., and its shares will start public trading Thursday on the New York Stock Exchange. The value of the combined company will be $1.6 billion, according to an SEC filing.

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