---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-008062"
form_type: "8-K"
ticker: "SOUL"
cik: "0002025608"
company_name: "Soulpower Acquisition Corp."
filed_at: "2026-02-25T23:59:59+00:00"
generated_at: "2026-05-16T00:30:05.462325+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Soulpower Acquisition issues up to $3.285M in promissory notes to affiliate for working capital

## Summary
- A Note: up to $785K, 22% flat interest due at maturity, non-convertible, to Soulpower Management LLC (affiliate).
- B Note: up to $2.5M, zero interest, principal automatically forgiven upon initial business combination.
- As of Feb 19, 2026, $745K advanced under A Note and ~$1.212M under B Note; proceeds used for general working capital.
- Lender is controlled by CEO Justin Lafazan; both notes are unsecured with customary default provisions.

## SEC filing metadata
- accession: 0001493152-26-008062
- form_type: 8-K
- ticker: SOUL
- cik: 0002025608
- company_name: Soulpower Acquisition Corp.
- filed_at: 2026-02-25T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2025608/000149315226008062/0001493152-26-008062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2025608/000149315226008062/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-008062
- JSON: https://secwatch.observer/filing/0001493152-26-008062.json
- Plain text: https://secwatch.observer/filing/0001493152-26-008062.txt

## Source-grounded claims
- claim_id: 3f0cef9a10b1e94b293c8da0407d806568ed3339
  claim: Soulpower Acquisition Corp. incurred loan of up to $785,000 with Soulpower Management LLC at flat-rate of 22% of the principal amount in interest maturing earlier of (i) the consummation of the Company’s initial business combination or (ii) the liquidation of the Company.
  evidence_excerpt: On February 19, 2026, Soulpower Acquisition Corporation (the “Company”) issued an unsecured promissory note in the principal amount of up to $785,000 (the “A Note”) to Soulpower Management LLC (the “Lender”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/2025608/000149315226008062/0001493152-26-008062-index.htm
- claim_id: 528e90bae81e9ad65653cf46ae7045db8b6bb113
  claim: Soulpower Acquisition Corp. incurred loan of up to $2,500,000 with Soulpower Management LLC at bears no interest maturing earlier of (i) the occurrence of an event of default or (ii) the liquidation of the Company.
  evidence_excerpt: On the same date, the Company issued an additional unsecured promissory note to the Lender in the principal amount of up to $2,500,000 (the “B Note” and together with the A Note, the “Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/2025608/000149315226008062/0001493152-26-008062-index.htm

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