---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-026654"
form_type: "8-K"
ticker: "SOUL"
cik: "0002025608"
company_name: "Soulpower Acquisition Corp."
filed_at: "2026-06-01T21:00:32+00:00"
generated_at: "2026-06-01T21:03:22.835772+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# SPAC Soulpower Acquisition issues up to $2.5M promissory note to sponsor affiliate for working capital

## Summary
- Unsecured promissory note (B Note) for up to $2,500,000 issued to Soulpower Management LLC on May 29, 2026.
- Principal bears no interest and is automatically forgiven if initial business combination is consummated.
- If no business combination, note is due upon liquidation or earlier event of default.
- Proceeds will be used for general working capital purposes.
- Lender is controlled by CEO Justin Lafazan and holds voting discretion over sponsor's shares.

## SEC filing metadata
- accession: 0001493152-26-026654
- form_type: 8-K
- ticker: SOUL
- cik: 0002025608
- company_name: Soulpower Acquisition Corp.
- filed_at: 2026-06-01T21:00:32+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2025608/000149315226026654/0001493152-26-026654-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2025608/000149315226026654/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-026654
- JSON: https://secwatch.observer/filing/0001493152-26-026654.json
- Plain text: https://secwatch.observer/filing/0001493152-26-026654.txt

## Source-grounded claims
- claim_id: 47d0e06351fdc283b0e21e1b67b221adc9f17fe0
  claim: Soulpower Acquisition Corp. incurred loan of up to $2,500,000 with Soulpower Management LLC at bears no interest maturing upon consummation of the Company's initial business combination.
  evidence_excerpt: On May 29, 2026, Soulpower Acquisition Corporation (the "Company") issued an unsecured promissory note in the principal amount of up to $2,500,000 (the "B Note") to Soulpower Management LLC (the "Lender").
  evidence_url: https://www.sec.gov/Archives/edgar/data/2025608/000149315226026654/0001493152-26-026654-index.htm

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