UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): ~~February~~March 1712, 2026

Angel Studios, Inc.

(Exact Name of Registrant as Specified in Its Charter)

Delaware		001-41150		86-3483780
(State or other jurisdiction of incorporation or organization)		(Commission File Number)		(I.R.S. Employer Identification No.)

295 W Center St.
Provo, UT 84601

(Address of principal executive offices)

(760) 933-8437

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class	Trading symbol(s)	Name of each exchange on which registered
Class A Common Stock, par value $0.0001 per share	ANGX	The New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 12.0102 ~~Entry~~Results ~~into~~of aOperations ~~Material~~and ~~Definitive~~Financial ~~Agreement~~Condition

On ~~February~~March 1712, 2026, Angel Studios, Inc., ~~a Delaware corporation~~ (the “Company”), ~~and~~issued ~~certain of the Company’s subsidiaries entered into~~ a ~~Ratification~~press ~~and~~release ~~First~~announcing ~~Amendment~~its tofinancial ~~Loan~~results and ~~Security~~operational ~~Agreement,~~highlights ~~effective~~for ~~as of September 9, 2025 (~~the ~~“First~~Company’s ~~Credit~~three-month ~~Facility Amendment”), which amended the Loan~~ and ~~Security~~annual ~~Agreement~~periods ~~(the~~ended ~~“Credit~~December ~~Facility”)~~31, ~~dated as of September 8,~~ 2025~~, by and among Angel Studios Legacy, Inc~~. ~~(f/k/a~~A ~~Angel~~copy ~~Studios, Inc.), a Delaware corporation (the “Original Borrower”), and certain~~ of the ~~Original~~press ~~Borrower’s~~release ~~subsidiaries,~~is ~~certain~~furnished ~~lenders~~herewith ~~thereunder,~~as ~~and~~Exhibit ~~Trinity Capital Inc~~99.,1 aand ~~Maryland~~incorporated ~~corporation,~~herein asby ~~agent for the lenders (“Administrative Agent”)~~reference.

The information under Item 2.02 of this Report, including Exhibit 99.1, attached hereto, is furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Exchange Act or Securities Act of 1933, as amended, expect as expressly set forth by specific reference in such a filing.

The First Credit Facility Amendment ratifies certain transactions and amends the Credit Facility in connection with the Company’s consummation of a business combination transaction on September 10, 2025, which resulted in the Company assuming all liabilities and obligations of the Original Borrower under the Credit Facility, as well as the formation of a joint venture and its acquisition of certain rights, titles and interests in the animated feature film provisionally entitled DAVID. The amendments to the Credit Facility also, among other things, (i) revise the required Liquidity Level to $30,000,000 and (ii) require that the Company provide evidence to the Administrative Agent that the Company has received, between January 1, 2025 and June 30, 2026, net cash proceeds of an additional $30,000,000 (from the original Credit Facility) from the sale or issuance of the Company’s equity interests on terms and conditions satisfactory to the Administrative Agent.

~~Terms~~Item ~~used in the foregoing paragraphs have the meanings set forth in the Loan and Security Agreement as amended by the First Credit Facility Amendment~~9.01 ~~The~~Financial ~~description~~Statements ~~above is qualified in its entirety by reference to a copy of the Loan~~ and ~~Security Agreement as amended by the First Credit Facility Amendment, which will be filed as an exhibit to the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025.~~Exhibits

(d) Exhibits


Exhibit Number	Description of Exhibit
99.1	Press release dated March 12, 2026
104	Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


	ANGEL STUDIOS, INC.

Date: February 23, 2026	By:	/s/ Scott Klossner
Date: March 12, 2026	By:	/s/ Scott Klossner
		Scott Klossner
		Chief Financial Officer

Filing Compare · Angel Studios, Inc.