Overview
- Shares began trading Thursday under ticker ANGX and closed up 11.25% after surging more than 50% intraday.
- The listing follows a completed merger with Southport Acquisition Corp., valuing the company at about $1.6 billion in pro‑forma enterprise value.
- Angel’s audience‑driven Angel Guild counts roughly 1.5 million members and generated $101.1 million in cash in the first half of 2025.
- The company remains unprofitable, reporting $135 million in H1 2025 revenue and a $53.3 million net loss, with $28 million in cash as of June 30.
- Recent financings include a $55 million Class C share sale and a $100 million credit facility from Trinity Capital to support growth.