Soulpower Acquisition Corp.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $355.4M
- Price
- $10.47
- % Change (Daily % change from the live per-ticker quote feed.)
- +0.22%
- Volume
- 2.5K
About
Soulpower Acquisition Corporation does not have significant operations. It intends to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2024 and is headquartered in New York, New York.
Quick stats
Shares outstanding34.0M
Computed float25.8M
Float / shares76.1%
Cash runway (months)-4.4
Key info
SectorFinancial Services
IndustryShell Companies
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0002025608
Websitehttps://www.soulpowerhq.com
AI Summary
AI-generated1/4
standardbullishoperations update
Soulpower Acquisition Corporation (NYSE:SOUL) and SWB Holdings Announce BVI Court Approval in Connection with Bank of Asia (BVI) Transaction
Soulpower Acquisition and SWB Holdings announced that the BVI High Court approved the sale of assets from Bank of Asia (BVI) Limited to SWB LLC, satisfying a condition of their Asset Sale Agreement.
The business combination remains subject to closing conditions, including approval by Soulpower’s shareholders and SWB obtaining a banking license from the BVI Financial Services Commission.
Soulpower raised $250 million in its April 2025 IPO and intends to file a registration statement on Form S-4 with the SEC regarding the transaction.
Red flags
- Closing remains contingent on SWB obtaining a banking license from the BVI FSC
- Transaction still requires shareholder approval
- Target SWB LLC is a newly formed company with no operating history