UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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ITEM 3.02 | UNREGISTERED SALES OF EQUITY SECURITIES |
Between April 23, 2023 and May 6, 2025, Angel Studios, Inc., a Delaware corporation (the “Company”), sold an aggregate of 201,350 shares of its Class C common stock, par value $0.001 per share (the “Class C Common Stock”), to various purchasers. The price of the Class C Common Stock was $32.76 per share, for a total aggregate purchase price of $6,596,226.
The issuance of the Class C Common Stock was made in reliance upon exemptions from registration provided by Section 4(a)(2) of the Securities Act of 1933, as amended, and Regulation D promulgated thereunder. Each of the purchasers is an “accredited investor” as defined in Regulation D, and the sale of the Class C Common Stock was made without general solicitation or advertising. No commissions were paid in connection with the sale of these securities.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
ANGEL STUDIOS, INC. | ||
Date: May 6, 2025 | By: | /s/ Patrick Reilly |
Patrick Reilly | ||
Chief Financial Officer |