SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Wright Dalton

(Last) (First) (Middle)
295 W. CENTER ST.

(Street)
PROVO UT 84801

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
04/29/2024
3. Issuer Name and Ticker or Trading Symbol
Angel Studios, Inc. [ NONE ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
04/29/2024
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock, par value $0.001 per share 1,356,303(1) I See Footnote(2)
Class A Common Stock, par value $0.001 per share 224,719(1) I See Footnote(3)
Class B Common Stock, par value $0.001 per share 8,334(1) I See Footnote(4)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (5) 12/02/2032 Class F Common Stock 908(1) $11.95 I See Footnote(5)
Stock Option (5) 12/02/2032 Class F Common Stock 3,295(1) $11.95 I See Footnote(6)
Explanation of Responses:
1. This amended Form 3 is being filed to correct the initial ownership of Class A Common Stock, Class B Common Stock, and stock options exercisable for shares of Class F Common Stock.
2. Mr. Wright owns an indirect pecuniary interest in these shares of Class A Common Stock by virtue of his indirect interest in their owner, Kickstart Seed Fund II, LP.
3. Mr. Wright owns an indirect pecuniary interest in these shares of Class A Common Stock by virtue of his indirect interest in their owner, Kickstart Seed Fund V, LP.
4. Mr. Wright owns an indirect pecuniary interest in these shares of Class B Common Stock by virtue of his indirect interest in their owner, Kickstart Seed Fund II, LP.
5. Represent fully-vested stock options exercisable for shares of Class F Common Stock in which Mr. Wright owns an indirect pecuniary interest by virtue of his indirect interest in their owner, Kickstart Seed Fund II, LP.
6. Represent fully-vested stock options exercisable for shares of Class F Common Stock in which Mr. Wright owns an indirect pecuniary interest by virtue of his indirect interest in their owner, Kickstart Seed Fund V, LP.
/s/ Patrick J. Reilly, Attorney-in-Fact 05/13/2024
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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