Exhibit 21.1

Angel Studios, Inc.

Subsidiaries of the Registrant

1.	Dry Bar Comedy, LLC, a Utah limited liability company
2.	Angel Studios Licensing, LLC, a Utah limited liability company
3.	Angel Studios Productions, LLC, a Utah limited liability company
4.	Angel Studios OF I, LLC, a Utah limited liability company
5.	Angel Studios SPV - Cabrini, Inc., a Delaware corporation
6.	Angel Studios BHC, S.A., DE C.V., an El Salvadoran public limited company
7.	Angel Studios Licensing B.V., a Netherlands private limited company
8.	Angel Studios Distribution Limited, a United Kingdom limited company
9.	Fig Real Estate Holdings, LLC, a Utah limited liability company
10.	Angel Acceleration Fund Management, LLC, a Delaware limited liability company