# EDGAR Filing Document

**Accession Number:** 0001865200
**File Stem:** 0001104659-25-090966
**Filing Date:** 2025-9
**Character Count:** 10443
**Document Hash:** 74ade04a0ecc27ad7e29519cec78d63b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-25-090966.hdr.sgml**: 20250917

**ACCESSION NUMBER**: 0001104659-25-090966

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20250917

**DATE AS OF CHANGE**: 20250917

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Angel Studios, Inc.
- **CENTRAL INDEX KEY:** 0001865200
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-MOTION PICTURE & VIDEO TAPE PRODUCTION [7812]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 863483780
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-93229
- **FILM NUMBER:** 251321677

**BUSINESS ADDRESS:**
- **STREET 1:** 8 BOLLING PLACE
- **CITY:** GREENWICH
- **STATE:** CT
- **ZIP:** 06830
- **BUSINESS PHONE:** 917-503-9722

**MAIL ADDRESS:**
- **STREET 1:** 8 BOLLING PLACE
- **CITY:** GREENWICH
- **STATE:** CT
- **ZIP:** 06830

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Southport Acquisition Corp
- **DATE OF NAME CHANGE:** 20210601
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Harmon Neal
- **CENTRAL INDEX KEY:** 0002020176

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D

**MAIL ADDRESS:**
- **STREET 1:** 295 W CENTER ST.
- **CITY:** PROVO
- **STATE:** UT
- **ZIP:** 84601

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**Angel Studios, Inc.**

*(Name of Issuer)*

**Class A Common Stock**

*(Title of Class of Securities)*

**034948109**

*(CUSIP Number)*

**Neal Harmon**<br>95 W Center Street<br>Provo UT 84601<br>(760) 933-8437

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**09/10/2025**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **034948109** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Neal Harmon** | Name of reporting person<br>**Neal Harmon** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**22389906.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**22389906.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**22389906.00** | Aggregate amount beneficially owned by each reporting person<br>**22389906.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**18.3%** | Percent of class represented by amount in Row (11)<br>**18.3%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Comment for Reporting Person:** Includes (i) 26,495 shares of Class A Common Stock owned by Mr. Harmon directly, (ii) 22,032,683 shares of Class B Common Stock owned by Mr. Harmon directly which are convertible into Class A Common Stock on a one-to-one basis at the option of Mr. Harmon and (iii) vested stock incentive options exercisable for 330,728 shares of Class B Common Stock that Mr. Harmon has the right to acquire within 60 days of September 11, 2025, which are convertible for Class A Common Stock on a one-to-one basis at the option of Mr. Harmon.

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Class A Common Stock

**(b) Name of Issuer:**
Angel Studios, Inc.

**(c) Address of Issuer's Principal Executive Offices:**
95 W Center Street, Provo, UT, 84601

This Statement relates to the Class A common stock, par value $0.0001 (the "Common Stock") Angel Studios, Inc., a Delaware corporation (the "Issuer").  The principal executive offices of the Issuer are located at 295 W Center St., Provo, UT 84601.

**Item 4. Purpose of Transaction**

The Reporting Person owns the Common Stock for investment purposes and to incentivize him in connection with his employment with the Issuer.

In his capacity as Chief Executive Officer and member of the board of directors of the Issuer, the Reporting Person intends to continue taking an active role in the Issuer's management. Also, subject to applicable approvals from board of directors of the Issuer or a committee thereof, as applicable, the Reporting Person may receive additional securities of the Issuer in connection with the Issuer's equity incentive and compensation plans. The Reporting Person may also, from time to time, sell or transfer securities of the Issuer in connection with sell-to-cover transactions to satisfy tax withholding obligations. The Reporting Person has not entered into any agreement with any third party to act together for the purpose of acquiring, holding, voting or disposing of the Common Stock reported herein.

**Item 5. Interest in Securities of the Issuer**

**(a)**
The responses to this Item 5 and the information on the cover page are based on 99,910,315 shares of Common Stock outstanding as of September 11, 2025 and 22,363,411 shares of Class B Common Stock held by the Reporting Person, which are convertible for Class A Common Stock on a one-for-one basis, as reported in the Issuer's Registration Statement on Form S-1 filed with the U.S. Securities and Exchange Commission on September 16, 2025.

The information set forth in Items 2, 3 and 6 of this Schedule 13D and the cover pages of this Schedule 13D is hereby incorporated by reference into this Item 5.

The Reporting Person may be deemed to have, in the aggregate, beneficial ownership of 22,389,906 shares of Common Stock, which represents approximately 18.3% of the Issuer's outstanding Common Stock, which includes the Reporting Person's Class B Common Stock convertible for shares of Common Stock on a one-for-one basis.

The filing of this Schedule 13D shall not be deemed an admission that the Reporting Person is, for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), the beneficial owner of any securities of the Issuer he does not directly own. The Reporting Person specifically disclaims beneficial ownership of the securities of the Issuer reported herein except to the extent the Reporting Person actually exercises voting or dispositive power with respect to such securities.

**(b)**
The Reporting Person may be deemed to have, in the aggregate, beneficial ownership of 22,389,906 shares of Common Stock, which represents approximately 18.3% of the Issuer's outstanding Common Stock, which includes the Reporting Person's Class B Common Stock convertible for shares of Common Stock on a one-for-one basis.

The filing of this Schedule 13D shall not be deemed an admission that the Reporting Person is, for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), the beneficial owner of any securities of the Issuer he does not directly own. The Reporting Person specifically disclaims beneficial ownership of the securities of the Issuer reported herein except to the extent the Reporting Person actually exercises voting or dispositive power with respect to such securities.

**(c)**
The Reporting Person has not effected any transactions of the Class A Common Shares during the 60 days preceding the date of this report, except as described in Item 3 of this Schedule 13D which information is incorporated herein by reference.

**Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.**

On the Closing Date. the Reporting Person entered into a lock-up agreement (the "Lock-Up Agreement") with the Issuer, pursuant to which the Reporting Person agreed to restrictions on transfer for up to one year following the Closing Date with respect to the Lock-Up Shares (as defined in the Lock-Up Agreement), which lock-up, subject to certain exceptions, will end on the earlier of (i) the date that is one year after the Closing Date and (ii) (a) for 33% of the Lock-Up Shares held by each of the parties thereto (and their respective permitted transferees), the date which the last reported sale price of Common Stock equals or exceeds $12.50 per share (subject to adjustment) for any 20 trading days within any 30-trading day period commencing at least 30 days after the Closing Date and (b) for an additional 50% of the Lock-Up Shares held by each of the parties thereto (and their respective permitted transferees), the date which the last reported sale price of the Common Stock equals or exceeds $15.00 per share (subject to adjustment) for any 20 trading days within any 30-trading day period commencing at least 30 days after the Closing Date.

The summary of the Lock-Up Agreement in Item 6 of this Schedule 13D is qualified in its entirety by reference to the full text of such agreement, which is incorporated herein by reference as Exhibit 99.1, and a form of which is filed as Exhibit 4.1 to the Issuer's Registration Statement on Form S-1, as filed with the Securities and Exchange Commission on September 16, 2025.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Neal Harmon

**Signature:** /s/ Neal Harmon

**Name/Title:** Chief Executive Officer

**Date:** 09/17/2025