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- As a result of the lawsuit, the Harmon brothers decided to sell the filtering service business and instead focus on producing original content through equity crowdfunding. The previous VidAngel service was sold to VidAngel Entertainment, and the company was rebranded as Angel Studios in 2021.
en.wikipedia.org/wiki/Angel_Studios
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Sep 11, 2024 · The transaction will be effected through a merger of Angel Studios with a wholly owned subsidiary of Southport, with the surviving company becoming a wholly owned subsidiary of Southport. At closing of the transaction, Southport will change its name to Angel Studios, and its stock ticker to “AGSD.”
Sep 11, 2024 · In a plan announced Wednesday, Angel Studios said it was merging with Southport Acquisition Corporation in a Special Purpose Acquisition Company deal worth $1.6 billion that, on closing, will lead to Angel Studios stock trading publicly on the New York Stock Exchange or NASDAQ exchange under ticker symbol “AGSD”.
Jul 21, 2023 · Then, once the people have spoken, they go through equity crowdfunding, allowing their own fans to invest in a show or movie in exchange for partial ownership in Angel Studios.
Jun 4, 2024 · Angel Studios has signed a 10-year overall theatrical film deal with 'Sound of Freedom' director Alejandro Monteverde and will also buy him a house.
- Brian Welk
Angel Studios emerged as the result of a bankruptcy reorganization from VidAngel, [4] using equity crowdfunding through Angel Funding [5] to finance its original productions by offering individual investors the opportunity to purchase shares in the company and its titles. [6]
Sep 17, 2024 · Angel Studios, the company behind the surprise box-office smash “Sound of Freedom,” is going public. The announcement last week of a merger for purposes of an IPO valued at $1.6 billion was a...
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