Private Placement Form 8 K

On July 15, 2024, Angel Studios, Inc., a Delaware corporation (the "Company"), sold an aggregate of 219,767 shares of its Class C common stock, par value $0.001 per share (the "Class C Common Stock"), to various purchasers, including certain of its executive officers and directors. The price of the Class C Common Stock was $14.18 per share, for a total purchase price of $3,116,296.06.

The issuance of the Class C Common Stock was made in reliance upon exemptions from registration provided by Section 4(a)(2) of the Securities Act of 1933, as amended, and Regulation D promulgated thereunder. Each of the purchasers is an "accredited investor" as defined in Regulation D, and the sale of the Class C Common Stock was made without general solicitation or advertising. No commissions were paid in connection with the sale of these securities.