Angel Studios set to become publicly traded company after initial success

Angel Studios, a company that has helped produce, fundraise and distribute popular faith-based movies and television programming, is set to become a publicly traded business as it seeks to build on its success. In a statement published Wednesday, Angel Studios stated that it entered into a business agreement with Southport Acquisition Corporation with the goal of becoming a publicly listed company on the New York Stock Exchange or NASDAQ listed under the symbol "AGSD." The transaction is expected to close in the first half of 2025. An investor presentation document...