---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-014224"
form_type: "8-K"
ticker: "SOUL"
cik: "0002025608"
company_name: "Soulpower Acquisition Corp."
filed_at: "2026-03-31T23:59:59+00:00"
generated_at: "2026-05-15T08:16:32.334234+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Soulpower and SWB amend business combination; add Uruguay iron mine; pro forma value ~$8.5B

## Summary
- BCA amended March 26, 2026; asset contributions adjusted, Uruguay iron mine added with ~1.17B tons run-of-mine material.
- Pro forma combined company valuation expected ~$8.5B based on $10/share and no redemptions from trust.
- Closing expected late Q2 or Q3 2026, subject to shareholder approval and regulatory conditions.
- Other changes: transaction expense reimbursement, scrivener's error corrections, BVI banking license valuation limited to equity.

## SEC filing metadata
- accession: 0001493152-26-014224
- form_type: 8-K
- ticker: SOUL
- cik: 0002025608
- company_name: Soulpower Acquisition Corp.
- filed_at: 2026-03-31T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2025608/000149315226014224/0001493152-26-014224-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2025608/000149315226014224/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-014224
- JSON: https://secwatch.observer/filing/0001493152-26-014224.json
- Plain text: https://secwatch.observer/filing/0001493152-26-014224.txt

## Key facts
- Material Agreements
  Soulpower Acquisition Corp. amended First Amendment to the Business Combination Agreement with SWB LLC (effective 2026-03-26).
  - Action: amendment
  - Agreement: merger
  - Counterparty: SWB LLC
  - Effective: 2026-03-26
  source text: On March 26, 2026, the SPAC, Pubco and the Company entered into the First Amendment to the Business Combination Agreement (the "BCA Amendment"), which amends the Business Combination Agreement
  evidence_url: https://www.sec.gov/Archives/edgar/data/2025608/000149315226014224/0001493152-26-014224-index.htm

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