Angel Studios Inc. and certain subsidiaries entered into a ratification and first amendment to their existing loan and security agreement with Trinity Capital Inc., acting as administrative agent for the lenders. The amendment, effective as of Sept. 9, 2025, updates the credit facility following the company’s Sept. 10, 2025 business combination, raises the required liquidity level to $30 million, and requires evidence that the company will have received an additional $30 million in net cash proceeds from equity sales or issuances between Jan. 1, 2025 and June 30, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Angel Studios Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001865200-26-000016), on February 23, 2026, and is solely responsible for the information contained therein.