Business Wire·Apr 10, 2026, 8:30 AM ET

Angel Announces Pricing of $30 Million Public Offering of Common Stock

Angel Studios priced its underwritten public offering of 14,300,000 Class A common shares at $2.10 per share for approximately $30 million in gross proceeds.
The company granted underwriters a 30-day option to purchase up to an additional 2,145,000 shares at the public offering price.
The offering is expected to close on April 13, 2026, subject to customary closing conditions.
Roth Capital Partners serves as the sole book-running manager, while Maxim Group LLC and Texas Capital Securities act as co-lead managers.
Lake Street Capital Markets LLC is acting as the financial advisor for the transaction.
Net proceeds will be used for general corporate purposes, including capital expenditures and working capital.
The offering was made pursuant to a shelf registration statement on Form S-3 declared effective by the SEC on December 4, 2025.
Angel Studios operates an audience-driven studio model with over 2 million members in the Angel Guild, 100 films, and more than 30 television series.