Provo, UT—July 5, 2026

Angel (NYSE: ANGX), a media and technology company successfully pioneering a first-of-its-kind audience-driven studio model, today announced that Young Washington claimed the #2 spot at the U.S. box office on July 4th, surpassing industry expectations and marking another major theatrical milestone for the studio. The film delivered Angel's largest-ever three-day opening weekend for a live-action release and ranks as the studio's second-biggest opening weekend, behind David.

Following Young Washington’s breakout holiday weekend, which included sold-out theaters across America, Brandon Purdie, Executive Vice President of Theatrical at Angel, said, "Seeing audiences across the country embrace Young Washington during our nation's 250th anniversary celebration has been incredibly meaningful. This milestone is a testament to the power of great storytelling and to our outstanding partners at Wonder Project and 2521 Entertainment, who helped bring this remarkable film to life. We're grateful to exhibitors nationwide, to every Angel Guild member, and to every moviegoer who chose to experience Young Washington together in theaters this holiday weekend."

Released during the nation's 250th anniversary celebration, Young Washington has captivated audiences across the country, turning the story of America's first president into one of the holiday weekend's biggest theatrical events.

Directed by Jon Erwin, Young Washington stars Golden Globe winners Kelsey Grammer and Mary-Louise Parker, Academy Award winner Sir Ben Kingsley, and William Franklyn-Miller as a young George Washington, chronicling the experiences that shaped one of history's most influential leaders before the American Revolution.

For director Jon Erwin, the film's opening weekend reflects the enduring power of America's founding story and the opportunity to share it with audiences during a landmark moment in the nation's history.

"The American experiment is one of the greatest origin stories in history, and George Washington's journey through failure, perseverance, and sacrifice forged the leader who would help shape a nation," said Jon Erwin, director of Young Washington and Chief Creative Officer of Wonder Project. "To share that journey with audiences alongside Angel as our nation marks its 250th anniversary has been one of the greatest honors of my career. My hope is that this is the beginning of many extraordinary American stories told through film and television."

Kelly Merryman Hoogstraten, CEO of Wonder Project also added that, “There's a reason this film found its audience on this particular weekend. Young Washington gave families a story to gather around at exactly the moment our country paused to reflect on its own beginning."

Young Washington marks the first collaboration between Angel, Wonder Project, 2521 Entertainment, and 10 Ton Productions, bringing together partners committed to telling inspiring stories for audiences around the world.

Jon Walter, co-founder of 2521 Entertainment, emphasized the importance of experiencing stories like Young Washington together in theaters.

"We're excited to see audiences embracing the theater experience as a unique opportunity to share powerful stories in community with family, friends, and complete strangers. As America approaches its 250th anniversary, we hope Young Washington gives audiences another opportunity to come together in celebrating the courage, sacrifice, and hope that marked the birth of our nation."

Executive producer and 10 Ton Productions co-founder Benton Crane reflected on the film's reception and thanked audiences for making the opening weekend a success.

"We're honored that Young Washington has been able to contribute to such a memorable Fourth of July weekend at the box office. We're grateful for the warm reception and proud to be part of America's 250th anniversary celebration. Thank you to our partners, cast, and crew—and most of all, to everyone who came out to support the film. We couldn't have done it without you."

The success of Young Washington continues Angels' theatrical momentum and underscores the growing audience appetite for inspiring, event-driven films that bring people together in theaters.

About Young Washington

Before he was the Father of a Nation, he was a soldier fighting to survive. A single misstep thrusts young George Washington into the center of a global conflict, testing his honor, loyalty, and courage. As alliances crumble and the frontier erupts into war, he must confront not only his enemies, but the man he is becoming. This is the untold story of Young Washington.

About Angel

Angel (NYSE: ANGX) is a media and technology company successfully pioneering a first-of-its-kind audience-driven studio model. Founded by brothers who struggled to find films they could watch with their children, Angel was built on the belief that there was a global audience hungry for values-driven storytelling that amplifies light, celebrates hope, and inspires the moral imagination of viewers. That audience became the Angel Guild, a rapidly growing community of 2.6 million paying members who watch, screen, and vote on which films and television series get produced and distributed in theaters and on the Angel app. Angel has achieved the highest audience satisfaction scores in the industry and the highest average domestic box office per title among all independent studios since 2023. It has done so while evolving a new economic model that shares profits more fully with filmmakers. For more information, visitwww.angel.com.

About Wonder Project

Wonder Project is an entertainment company dedicated to telling courageous stories that inspire hope and restore faith in things worth believing in. Operating as an independent studio, distribution platform and trusted brand, Wonder produces and curates premium content for the faith and values audience. Wonder Project's subscription service on Prime Video offers original programming alongside an extensive curated library of licensed titles. Learn more at www.thewonderproject.com.

About 2521 Entertainment

Founded in 2023, 2521 Entertainment is a film production  and finance company that is not just creating good art and entertainment; we are  changing the culture through art and entertainment with stories that matter. Our credits  include The King of Kings (Angel), the highest-grossing faith-based animated opening  ever; Sound of Freedom (Angel), a $251M global hit; and House of David (The Wonder  Project), Amazon Prime’s top-ranked series. Some upcoming releases are Zero A.D.,  Reykjavik (Jeff Daniels, J.K. Simmons), and Runner (Alan Ritchson, Owen Wilson).  https://2521entertainment.com/ 

Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are often identified by words such as "expects," "believes," "may," "will," "should," "would," or similar expressions. Statements regarding the Company’s 2026 theatrical slate, the timing and features of new platform innovations, content library expansion, industry trends, and other expectations regarding future performance are forward-looking statements based on management's current expectations and assumptions. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied. 

Actual results may differ materially from those anticipated due to a number of risks and uncertainties, including but not limited to: the Company's ability to grow and retain its Angel Guild membership base; the performance of the Company's theatrical and streaming content releases, including audience reception and box office results; competitive pressures from other streaming platforms, studios, and entertainment alternatives; adverse macroeconomic conditions, including inflation, changes in consumer spending, or capital market disruptions that could affect the Company's access to financing or its operating costs; and other risks described from time to time in the Company's filings with the Securities and Exchange Commission, including the risks and uncertainties described under the heading “Risk Factors” in the Company’s most recent Annual Report on Form 10-K and in any subsequent Quarterly Reports on Form 10-Q and other filings with the Securities and Exchange Commission. 

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