Companies

Angel Studios Debuts on New York Stock Exchange After Merger With Southport Acquisition

The stock rose as much as 70 percent in early trading before narrowing to an 8.42 percent gain at the close.
Angel Studios Debuts on New York Stock Exchange After Merger With Southport Acquisition
"Sound of Hope" is based on the true story of how a small town in east Texas adopted 77 children who were abused and neglected by the foster care system. Angel Studios
Mary Prenon
Mary Prenon
Freelance Reporter
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Utah-based Angel Studios, Inc., a media and technology firm, went public on Sept. 11 following the completion of its partnership with Southport Acquisition Corporation, a special purpose acquisition company based in Delaware.

The combined company now operates as Angel Studios, Inc., with its Class A common stock beginning trading on Sept. 11 on the New York Stock Exchange under the ticker ANGX.

Mary Prenon
Mary Prenon
Freelance Reporter
Mary T. Prenon covers real estate and business. She has been a writer and reporter for over 25 years with various print and broadcast media in New York.