Private Placement (Form 8-K)

On September 5, 2025, Angel Studios, Inc., a Delaware corporation (the "Company"), sold an aggregate of 1,250,000 shares of its Class C common stock, par value $0.001 per share (the "Class C Common Stock"), pursuant to its continuous offering of Class C Common Stock (the "Offering") being conducted on a "best efforts" basis under Regulation A of Section 3(6) of the Securities Act of 1933, as amended (the "Securities Act"). The Offering is being conducted pursuant to the Company's offering statement on Form 1-A, originally filed with the Securities and Exchange Commission (the "SEC") on June 26, 2025, as subsequently amended and filed with the SEC on July 24, 2025, and as qualified by the SEC on August 6, 2025 (the "Offering Statement"). The price of the Class C Common Stock was $44.00 per share, for gross proceeds of approximately $55,000,000. The Company paid aggregate selling commissions of $0 in connection with the sale of these shares of Class C Common Stock.