secwatch.observer — SEC 8-K summary
======================================

Issuer:     Soulpower Acquisition Corp. (SOUL)
CIK:        0002025608
Form:       8-K
Filed at:   2025-04-04T23:59:59+00:00
Accession:  0001641172-25-002645
Event type: other_material
Sentiment:  neutral
Materiality: 0.90
Item codes: 1.01, 3.02, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Soulpower Acquisition closes $250M SPAC IPO; units begin trading on NYSE under SOULU
--------------------------------------------------------------------------------

- IPO closed April 3: 25M units at $10 each, raising $250M gross proceeds; over-allotment partially exercised.
- Each unit consists of one Class A ordinary share and one right to receive 1/10 of a share post-business combination.
- Proceeds of $250M placed in trust; SPAC has 24 months from closing to complete a business combination.
- Acquisition target: insurance services, retirement savings, and related financial services.
- Management: CEO Justin Lafazan, CFO Z Teresa Strassner, board includes 8 directors.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2025608/000164117225002645/0001641172-25-002645-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2025608/000164117225002645/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-002645

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer