Soulpower Acquisition closes $250M IPO and $6.2M private placement, $250M in trust

Soulpower Acquisition Corp.

IPO of 25M units at $10/unit grossed $250M; each unit consists of one Class A share and one right.
Private placement of 620K units at $10/unit to sponsor and Cantor Fitzgerald grossed $6.2M.
$250M placed in trust account; company has 24 months to complete initial business combination.
Transaction costs totaled $13.57M including $4.4M cash underwriting fee and $8.8M deferred fee.
Company had $1.32M cash outside trust as of April 3, 2025.

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