M&A
confidence high
sentiment positive
materiality 0.95
Soulpower Acquisition Corp enters $8.1B business combination with SWB LLC to launch SOUL WORLD BANK
Soulpower Acquisition Corp.
- SPAC Soulpower (NYSE:SOUL) signed definitive BCA with SWB valued at ~$8.1B pre-money, closing expected Q1 2026.
- SWB will receive ~$6.75B in contributed assets (net debt) including land, mines, oil & gas, and a BVI bank license.
- Pubco secured a $5B committed equity facility from CREO Investments LLC for post-Closing funding.
- Justin Lafazan, CEO of Soulpower and founder of SWB, will become Chairman and CEO of Pubco with voting control.
- SOUL WORLD BANK plans to launch as a licensed international financial institution with a stablecoin AI bank in partnership with Animoca Brands.