Angel Studios prices $30M public offering at $2.10/share, diluting existing holders

Filed April 13, 2026 · Period ending April 10, 2026 · ~1 min read

Key Changes

• high

  Company sold 14.3 million Class A shares at $2.10 each through Roth Capital Partners, with expected proceeds of approximately $28 million net after fees. Offering expected to close April 13, 2026.

  Item 1.01 verify on EDGAR →
• medium

  Underwriters received 30-day option to buy additional 2.1 million shares (15% greenshoe). If exercised fully, total proceeds would reach and shares sold would increase to 16.4 million.

  Item 1.01 verify on EDGAR →
• low

  Offering conducted under existing shelf registration (Form S-3, File No. 333-291514), allowing expedited capital raises without new registration filings for each transaction.

  Item 1.01 verify on EDGAR →