0001104659-24-053889.txt : 20240429 0001104659-24-053889.hdr.sgml : 20240429 20240429145520 ACCESSION NUMBER: 0001104659-24-053889 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20240429 FILED AS OF DATE: 20240429 DATE AS OF CHANGE: 20240429 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Ahlstrom Paul CENTRAL INDEX KEY: 0002020125 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 000-56642 FILM NUMBER: 24889808 MAIL ADDRESS: STREET 1: 295 W CENTER ST. CITY: PROVO STATE: UT ZIP: 84601 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Angel Studios, Inc. CENTRAL INDEX KEY: 0001671941 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-VIDEO TAPE RENTAL [7841] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 249 N. UNIVERSITY AVENUE CITY: PROVO STATE: UT ZIP: 84601 BUSINESS PHONE: 801-228-8444 MAIL ADDRESS: STREET 1: 295 W CENTER STREET CITY: PROVO STATE: UT ZIP: 84601 FORMER COMPANY: FORMER CONFORMED NAME: VidAngel, Inc. DATE OF NAME CHANGE: 20160412 3 1 tm2412853-1_3seq1.xml OWNERSHIP DOCUMENT X0206 3 2024-04-29 0 0001671941 Angel Studios, Inc. NONE 0002020125 Ahlstrom Paul 295 W. CENTER ST. PROVO UT 84801 1 0 0 0 Class A Common Stock, par value $0.001 per share 161025 D Class A Common Stock, par value $0.001 per share 3160318 I See Footnote Class A Common Stock, par value $0.001 per share 561797 I See Footnote Class B Common Stock, par value $0.001 per share 338 D Class B Common Stock, par value $0.001 per share 33333 I See Footnote Class B Common Stock, par value $0.001 per share 16666 I See Footnote Stock Option 11.95 2032-12-02 Class F Common Stock 23033 I See Footnote Mr. Ahlstrom owns an indirect pecuniary interest in these shares of Class A Common Stock by virtue of his indirect controlling interest in their owner, Alta Ventures Mexico Fund I, LP. Mr. Ahlstrom owns an indirect pecuniary interest in these shares of Class A Common Stock by virtue of his indirect controlling interest in their owner, SPV 1, Angel Studios, a series of Alta Ventures SPV Management, LLC, d/b/a IFG Media. Mr. Ahlstrom owns an indirect pecuniary interest in these shares of Class B Common Stock by virtue of his indirect controlling interest in their owner, Alta Ventures Mexico Fund I, LP. Mr. Ahlstrom owns an indirect pecuniary interest in these shares of Class B Common Stock by virtue of his indirect controlling interest in their owner, NISI Publishing, LLC. Represent fully-vested stock options exercisable for shares of Class F Common Stock in which Mr. Ahlstrom owns an indirect pecuniary interest by virtue of his indirect controlling interest in their owner, NISI Publishing, LLC. Exhibit List: Exhibit 24 - Power of Attorney /s/ Patrick J. Reilly, Attorney-in-Fact 2024-04-29 EX-24 2 tm2412853d1_ex24.htm EXHIBIT 24

Exhibit 24

POWER OF ATTORNEY

FOR SECTION 16 REPORTING PURPOSES

Know all by these presents, that the undersigned hereby constitutes and appoints each of Patrick J. Reilly, Michael R. Willardson, and Jordan S. Rogers as the undersigned’s true and lawful attorney-in-fact to:

(1) execute for and on behalf of the undersigned, in the undersigned’s capacity as an officer and/or director of Angel Studios, Inc. (the “Company”), Forms 3, 4, and 5 in accordance with Section 16(a) of the Securities Exchange Act of 1934 and the rules thereunder, and any other forms or reports the undersigned may be required to file in connection with the undersigned’s ownership, acquisition, or disposition of securities of the Company, including but not limited to the Uniform Application for Access Codes to File on EDGAR on Form ID;

(2) do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form 3, 4, or 5, or other form or report, and timely file such form or report with the United States Securities and Exchange Commission or similar authority (including any stock exchange if the securities of the Company are ever listed), including but not limited to the completion and execution of the Uniform Application for Access Codes to File on EDGAR on Form ID; and

(3) take any other action of any type whatsoever in connection with the foregoing, which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact’s discretion.

The undersigned hereby grants to such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact’s substitute or substitutes, shall lawfully do or cause to be done by virtue of this Power of Attorney and the rights and powers herein granted. The undersigned acknowledges that the foregoing attorney-in-fact, in serving in such capacity at the request of the undersigned, is not assuming, nor is the Company assuming, any of the undersigned’s responsibilities to comply with Section 16 of the Securities Exchange Act of 1934.

This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4, and 5 with respect to the undersigned’s holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorney-in-fact.

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of March 30, 2024.

	/s/ Paul B. Ahlstrom
	Name:	Paul B. Ahlstrom
	Title:	Director