Soulpower Acquisition CORP 8-K filings

Soulpower Acquisition Corporation and SWB Holdings announced that the BVI High Court has granted permission for the sale of certain assets of Bank of Asia (in liquidation) to SWB LLC, a key step in their proposed business combination.

Soulpower Acquisition Corporation has issued a $2.5 million unsecured promissory note to its sponsor for working capital.

Soulpower Acquisition Corporation announced the immediate resignation of director Blake Janover, effective April 1, 2026, citing no disagreements with the company.

Soulpower Acquisition Corporation and SWB Holdings amended their business combination agreement, adding a significant Uruguayan iron mine asset and adjusting transaction terms, with the merger now expected to close in late Q2 or Q3 2026.

Soulpower Acquisition Corporation announced the immediate resignation of director Ty Sagalow, effective March 23, 2026.

Soulpower Acquisition Corporation obtained two unsecured promissory notes totaling up to $3.285 million from its sponsor's managing member for working capital.

Soulpower Acquisition Corporation and SWB Holdings announced the confidential submission of a draft Form S-4 registration statement to the SEC for their proposed business combination.

Soulpower Acquisition Corporation's merger target, SWB Holdings, has secured a flexible equity line of credit up to $250 million from CREO Investments LLC, effective upon business combination.

Soulpower Acquisition Corporation will merge with SWB LLC to form Pubco, SWB Holdings, a new publicly traded entity valued at approximately $8.1 billion, focusing on banking, stablecoins, and real estate asset tokenization.

Soulpower Acquisition Corporation announced a definitive business combination agreement with SWB LLC, valued at approximately $8.1 billion, to launch SOUL WORLD BANK, a new economy financial services conglomerate.

Soulpower Acquisition Corporation announced the appointment of Joshua Lafazan as President and formalized consulting agreements for both Mr. Lafazan and Chief Financial Officer Teresa Strassner, outlining their roles and compensation.

Soulpower Acquisition Corporation (SOUL) will allow separate trading of its Class A ordinary shares (SOUL) and rights (SOULR) starting May 23, 2025, while units (SOULU) will continue to trade.

Soulpower Acquisition Corporation successfully completed its initial public offering (IPO) on April 3, 2025, raising gross proceeds of $250 million.

Soulpower Acquisition Corporation successfully priced its initial public offering, raising \$220 million initially and closing at \$250 million after partial exercise of the over-allotment option.