secwatch.observer — SEC 8-K summary
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Issuer:     Soulpower Acquisition Corp. (SOUL)
CIK:        0002025608
Form:       8-K
Filed at:   2025-12-01T23:59:59+00:00
Accession:  0001493152-25-025622
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2025608/000149315225025622/0001493152-25-025622-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2025608/000149315225025622/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-025622

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