Angel Studios, Inc., the independent entertainment company behind a catalog of faith-based and family-oriented film releases, is the named target in a business combination with blank-check company trading under ticker PORT, as disclosed in an S-4 registration statement filed June 30, 2026, under accession number 0001104659-26-079004. The filing indicates the de-SPAC process is advancing in the media and entertainment sector, with the registration statement representing a key step toward shareholder review and a potential public listing for Angel Studios. The company operates a distinctive audience-investment distribution model that has backed several high-profile independent productions. Sign up for SpacDesk to access the full deal timeline, sponsor profile, and filing history for PORT.