SCHEDULE: Bank of Montreal Discloses Passive Stake in Soulpower Acquisition Corp.

Bank of Montreal and its affiliates have filed an amended Schedule 13G, disclosing a passive beneficial ownership of 3.94% in Soulpower Acquisition Corp.'s Class A ordinary shares as of December 31, 2025.

Summary

• Bank of Montreal, along with its subsidiaries BANK OF MONTREAL HOLDING INC., BMO NESBITT BURNS INC., BMO FINANCIAL CORP., and BMO CAPITAL MARKETS CORP., filed an Amendment No. 1 to Schedule 13G.
• The filing reports beneficial ownership in Soulpower Acquisition Corp.'s Class A ordinary shares, $0.0001 par value.
• Bank of Montreal beneficially owns an aggregate of 1,012,200 shares, representing 3.94% of the class.
• BANK OF MONTREAL HOLDING INC. beneficially owns 1,000,000 shares, representing 3.9% of the class.
• BMO NESBITT BURNS INC. beneficially owns 1,000,000 shares, representing 3.9% of the class.
• BMO FINANCIAL CORP. beneficially owns 12,200 shares, representing 0.04% of the class.
• BMO CAPITAL MARKETS CORP. beneficially owns 12,200 shares, representing 0.04% of the class.
• All reporting persons declared sole voting and dispositive power over their respective shares.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral. It is a routine regulatory disclosure of passive beneficial ownership by a financial institution, providing no direct positive or negative implications for the issuer's operational or financial performance.

Positives

• The disclosure of a passive stake by a major financial institution like Bank of Montreal may signal a degree of institutional confidence in Soulpower Acquisition Corp.

Negatives

• The filing itself does not contain any explicit negative information regarding Soulpower Acquisition Corp.'s performance or outlook.

Risks

• The reporting persons explicitly certified that the securities were not acquired or held for the purpose of changing or influencing the control of the issuer, mitigating potential risks associated with activist investor involvement.

Future Outlook

NA

Management Comments

• The reporting persons certified that the securities were acquired and are held in the ordinary course of business.
• The reporting persons certified that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are routine disclosures by institutional investors holding less than 5% of a company's stock, or those holding more than 5% but passively, indicating a standard investment position rather than a strategic industry move or competitive action.

Stakeholder Impact

• Shareholders: Provides transparency regarding institutional ownership, confirming a significant but passive stake by Bank of Montreal and its affiliates.
• Management: Confirms that a major financial institution holds a stake without intent to influence control, allowing management to focus on current strategic plans.

Key Dates

Keywords

Soulpower Acquisition Corp., Bank of Montreal, Schedule 13G, Beneficial Ownership, Class A ordinary shares, SEC filing, Institutional Investor, Passive Investment