---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-025622"
form_type: "8-K"
ticker: "SOUL"
cik: "0002025608"
company_name: "Soulpower Acquisition Corp."
filed_at: "2025-12-01T23:59:59+00:00"
generated_at: "2026-05-16T15:56:50.872060+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Soulpower Acquisition Corp. announces ~$8.1B business combination with SWB LLC

## Summary
- Business Combination Agreement signed Nov 24, 2025; Company net asset amount ~$6.75B, Merger Consideration ~$8.1B.
- SPAC shareholders receive 1 Pubco Class A non-voting share per SPAC share; SPAC rights convert to 1/10 Pubco Class A share.
- Company to acquire real estate/mineral rights assets, BVI banking license from Bank of Asia, and advisory deal with Animoca.
- Conditions include at least $250M in Contribution Agreements closed, $100M PIPE, $50M ELOC, and shareholder approval.
- No termination fees; SPAC bears all deal expenses; Pubco board to be designated by Company as 'controlled company'.

## SEC filing metadata
- accession: 0001493152-25-025622
- form_type: 8-K
- ticker: SOUL
- cik: 0002025608
- company_name: Soulpower Acquisition Corp.
- filed_at: 2025-12-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2025608/000149315225025622/0001493152-25-025622-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2025608/000149315225025622/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-025622
- JSON: https://secwatch.observer/filing/0001493152-25-025622.json
- Plain text: https://secwatch.observer/filing/0001493152-25-025622.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.