Form C: Issuer Information

Issuer Information

Name of Issuer:

Angel Studios, Inc.

Legal Status of Issuer:

Form:

Corporation

Jurisdiction of Incorporation/Organization:

DELAWARE

Date of Incorporation/Organization:

02-07-2014

Physical Address of Issuer:

Address 1:

295 W CENTER STREET

City:

PROVO

State/Country:

UTAH

Mailing Zip/Postal Code:

84601

Website of Issuer:

www.angel.com

Is there a Co-issuer?

Yes

Form C: Offering Information

Offering Information

Form C: Annual Report Disclosure Requirements

Annual Report Disclosure Requirements

Current Number of Employees:

148.00

Total Assets Most Recent Fiscal Year-end:

39387358.00

Total Assets Prior Fiscal Year-end:

59308488.00

Cash and Cash Equivalents Most Recent Fiscal Year-end:

10721628.00

Cash and Cash Equivalents Prior Fiscal Year-end:

24258513.00

Accounts Receivable Most Recent Fiscal Year-end:

7189526.00

Accounts Receivable Prior Fiscal Year-end:

10440538.00

Short-term Debt Most Recent Fiscal Year-end:

2230005.00

Short-term Debt Prior Fiscal Year-end:

208373.00

Long-term Debt Most Recent Fiscal Year-end:

4625854.00

Long-term Debt Prior Fiscal Year-end:

4855859.00

Revenue/Sales Most Recent Fiscal Year-end:

75516562.00

Revenue/Sales Prior Fiscal Year-end:

122793064.00

Cost of Goods Sold Most Recent Fiscal Year-end:

40392001.00

Cost of Goods Sold Prior Fiscal Year-end:

77129092.00

Taxes Paid Most Recent Fiscal Year-end:

-765185.00

Taxes Paid Prior Fiscal Year-end:

819179.00

Net Income Most Recent Fiscal Year-end:

-13710708.00

Net Income Prior Fiscal Year-end:

17118611.00

Form C: Signature

Signature

Pursuant to the requirements of Sections 4(a)(6) and 4A of the Securities Act of 1933 and Regulation Crowdfunding (§ 227.100-503), the issuer certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form C and has duly caused this Form to be signed on its behalf by the duly authorized undersigned.

Issuer:

Angel Studios, Inc.

Signature:

/s/ Neal S. Harmon

Title:

Chief Executive Officer

Pursuant to the requirements of Sections 4(a)(6) and 4A of the Securities Act of 1933 and Regulation Crowdfunding (§ 227.100-503), this Form C has been signed by the following persons in the capacities and on the dates indicated.

Signature:

/s/ Neal S. Harmon

Title:

Chief Executive Officer and Director (Principal Executive Officer)

Date:

04-28-2023

Pursuant to the requirements of Sections 4(a)(6) and 4A of the Securities Act of 1933 and Regulation Crowdfunding (§ 227.100-503), this Form C has been signed by the following persons in the capacities and on the dates indicated.

Signature:

/s/ Patrick Reilly

Title:

Chief Financial Officer (Principal Financial and Accounting Officer)

Date:

04-28-2023

Pursuant to the requirements of Sections 4(a)(6) and 4A of the Securities Act of 1933 and Regulation Crowdfunding (§ 227.100-503), this Form C has been signed by the following persons in the capacities and on the dates indicated.

Signature:

/s/ Dalton Wright

Title:

Director

Date:

04-28-2023

Pursuant to the requirements of Sections 4(a)(6) and 4A of the Securities Act of 1933 and Regulation Crowdfunding (§ 227.100-503), this Form C has been signed by the following persons in the capacities and on the dates indicated.

Signature:

/s/ Paul Ahlstrom

Title:

Director

Date:

04-28-2023

Pursuant to the requirements of Sections 4(a)(6) and 4A of the Securities Act of 1933 and Regulation Crowdfunding (§ 227.100-503), this Form C has been signed by the following persons in the capacities and on the dates indicated.

Signature:

/s/ Katie Liljenquist

Title:

Director

Date:

04-28-2023

Form C: Filer Information

Submission Contact Information

Form C: Issuer Information

Issuer Information

Legal Status of Issuer:

Physical Address of Issuer:

Form C: Offering Information

Offering Information

Form C: Annual Report Disclosure Requirements

Annual Report Disclosure Requirements

Form C: Signature

Signature

Pursuant to the requirements of Sections 4(a)(6) and 4A of the Securities Act of 1933 and Regulation Crowdfunding (§ 227.100-503), this Form C has been signed by the following persons in the capacities and on the dates indicated.

Pursuant to the requirements of Sections 4(a)(6) and 4A of the Securities Act of 1933 and Regulation Crowdfunding (§ 227.100-503), this Form C has been signed by the following persons in the capacities and on the dates indicated.

Pursuant to the requirements of Sections 4(a)(6) and 4A of the Securities Act of 1933 and Regulation Crowdfunding (§ 227.100-503), this Form C has been signed by the following persons in the capacities and on the dates indicated.

Pursuant to the requirements of Sections 4(a)(6) and 4A of the Securities Act of 1933 and Regulation Crowdfunding (§ 227.100-503), this Form C has been signed by the following persons in the capacities and on the dates indicated.

Pursuant to the requirements of Sections 4(a)(6) and 4A of the Securities Act of 1933 and Regulation Crowdfunding (§ 227.100-503), this Form C has been signed by the following persons in the capacities and on the dates indicated.