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 July 16, 2025

Neal Harmon
Chief Executive Officer
Angel Studios, Inc.
295 W Center St.
Provo, Utah 84601

 Re: Angel Studios, Inc.
 Offering Statement on Form 1-A
 Filed June 26, 2025
 File No. 024-12632
Dear Neal Harmon:

 We have reviewed your offering statement and have the following
comments.

 Please respond to this letter by amending your offering statement and
providing the
requested information. If you do not believe a comment applies to your facts
and
circumstances or do not believe an amendment is appropriate, please tell us why
in your
response. After reviewing any amendment to your offering statement and the
information you
provide in response to this letter, we may have additional comments.

Offering Statement on Form 1-A filed June 26, 2025
Jury Trial Waiver, page 43

1. We note that your subscription agreement provides for the waiver of a
jury trial
 including claims under the federal securities laws. Please revise your
disclosure to
 provide additional risk factor disclosure related to the enforceability
of the jury trial
 waiver provision, as applicable.
Description of Business
Theatrical Distribution, page 46

2. Please revise your description of your business to describe that you
fund the P&A
 (prints and advertising) marketing for individual film projects by
creating subsidiaries
 and raising funds through the sale of Series A Preferred Stock issued by
your
 subsidiaries. Explain that when a subsidiary's Board of Directors
determines that it has
 sufficient funds available, the subsidiary will use revenue generated by
its exploitation
 of the film to redeem the preferred stock. In your Use of Proceeds
discussion, explain
 how this form of financing impacts your business and differentiate the
use of proceeds
 July 16, 2025
Page 2

 from those offerings with this offering, and differentiate the nature of
the holders and
 rights available to your various classes of common and preferred stock.
Confirm that
 offering proceeds will not be commingled, each issuers' assets are and
will remain
 separate, and an investment in this offering is inherently different, in
terms of
 dividends, appreciation and reporting, from an investment in your
subsidiary's
 offerings.
Bitcoin Treasury Strategy and Holdings, page 49

3. We note your description of your bitcoin treasury strategy. Elaborate
upon this
 strategy to describe your custodial arrangements, risk mitigation
practices and the
 current regulatory framework applicable to bitcoin and digital assets,
such as you have
 in the proxy/registration statement you have filed in connection with
the business
 combination you intend to consummate with Southport Acquisition
Corporation.
Proposed Business Combination, page 50

4. Please augment your description of the merger to discuss the impact of
the merger on
 investors in this offering, if the merger is approved and effectuated.
Specifically,
 explain what holders of ASI Class C Common stock are expected to receive
in the
 merger and how any associated rights may change, if at all.
5. Revise to include pro forma financial information, consistent with Part
F/S (b)(7)(iv)
 of Form 1-A, or tell us why such financial information is not required
to be provided.
 We will consider qualifying your offering statement at your request. If
a participant in
your offering is required to clear its compensation arrangements with FINRA,
please have
FINRA advise us that it has no objections to the compensation arrangements
prior to
qualification.

 We remind you that the company and its management are responsible for
the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action
or absence
of action by the staff. We also remind you that, following qualification of
your Form 1-A,
Rule 257 of Regulation A requires you to file periodic and current reports,
including a Form
1-K which will be due within 120 calendar days after the end of the fiscal year
covered by the
report.

 Please contact Scott Anderegg at 202-551-3342 or Mara Ransom at
202-551-3264
with any other questions.

 Sincerely,

 Division of
Corporation Finance
 Office of Trade &
Services
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