SCHEDULE 13G: Tenor Capital Management Discloses 7.7% Stake in Soulpower Acquisition Corp.

Sentiment:

Beneficial Ownership Disclosure


Tenor Capital Management Company, L.P., Tenor Opportunity Master Fund, Ltd., and Robin Shah have jointly disclosed a beneficial ownership of 7.7% of Soulpower Acquisition Corp.'s Class A ordinary shares.

Summary

  • Tenor Capital Management Company, L.P., Tenor Opportunity Master Fund, Ltd., and Robin Shah have filed a Schedule 13G, indicating shared beneficial ownership of Class A ordinary shares of Soulpower Acquisition Corp.
  • The reporting persons collectively beneficially own 1,750,000 Class A ordinary shares, representing 7.7% of the outstanding class.
  • The shares are held in the form of units, where each unit consists of one Class A ordinary share and one right to receive one-tenth of a Class A ordinary share upon the consummation of an initial business combination.
  • Tenor Opportunity Master Fund, Ltd. directly holds these units, with Tenor Capital Management Company, L.P. serving as its investment manager.
  • Robin Shah is the managing member of Tenor Management GP, LLC, which is the general partner of Tenor Capital Management Company, L.P.
  • Due to these relationships, the reporting persons are deemed to have shared voting and dispositive power over the 1,750,000 shares.
  • The percentage of ownership is calculated based on 22,620,000 units issued and outstanding, as stated in Soulpower Acquisition Corp.'s Prospectus filed on April 3, 2025.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would significantly alter the sentiment towards the company's operational or financial performance.

Positives

  • The disclosure of a significant stake by an institutional investor like Tenor Capital Management may signal confidence in Soulpower Acquisition Corp.'s future prospects or its strategy for an initial business combination.

Future Outlook

The document does not contain any forward-looking statements or guidance from Soulpower Acquisition Corp. It primarily details the beneficial ownership of certain reporting persons.

Industry Context

This filing is a standard disclosure of beneficial ownership by a significant investor in a Special Purpose Acquisition Company (SPAC). Such disclosures are common as institutional investors take positions in SPACs, often in anticipation of a future business combination.

Related Party Transactions

  • Tenor Capital Management Company, L.P. serves as the investment manager to Tenor Opportunity Master Fund, Ltd., which directly holds the Class A ordinary shares.
  • Robin Shah is the managing member of Tenor Management GP, LLC, the general partner of Tenor Capital Management Company, L.P.
  • By virtue of these relationships, Tenor Capital Management Company, L.P., Tenor Opportunity Master Fund, Ltd., and Robin Shah are deemed to have shared voting and dispositive power over the reported shares.

Stakeholder Impact

  • Shareholders: The disclosure identifies a significant institutional investor, Tenor Capital Management, holding a 7.7% stake, which could be viewed positively as a sign of investor interest and confidence.

Key Dates

DateDescription
04/02/2025Date of event which requires filing of this statement
April 3, 2025Date of Issuer's Prospectus filing with the SEC, which indicated 22,620,000 Units issued and outstanding
04/09/2025Date of signing for Tenor Capital Management Company, L.P., Tenor Opportunity Master Fund, Ltd., and Robin Shah

Keywords

Soulpower Acquisition Corp., Tenor Capital Management Company L.P., Tenor Opportunity Master Fund Ltd., Robin Shah, Schedule 13G, Beneficial Ownership, Class A ordinary shares, Investment Management, SEC Filing, SPAC

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.