Soulpower Acquisition Corp.
Business
Soulpower Acquisition Corp. is a blank-check company formed to acquire one or more businesses through a merger, share exchange, asset acquisition, or similar combination, strategically positioned to target technology and software infrastructure companies serving financial services, real estate, and asset management. The company has entered into a definitive business combination agreement with SWB LLC, which holds contributed real estate and mineral rights assets, a British Virgin Islands banking license, and strategic partnerships. Soulpower offers target businesses an alternative to traditional initial public offerings by providing public-company status, capital access, and a faster path to liquidity compared to conventional IPO processes.
Summary from 10-K filed 2026-03-27
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 |
|---|---|---|
| General and administrative costs | 2 | |
| Total operating expenses | 2 | |
| Interest earned on cash held in Trust Account | 8 | |
| Dividend income | 16,007 | |
| Net income (loss) | 6 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2024 2024-04-30 |
|---|---|---|---|---|
| Cash | 207,108 | 25,386 | — | |
| Due from affiliate | 1 | — | — | |
| Prepaid expenses | 109,164 | 18,167 | — | |
| Deferred offering costs | — | 56,995 | — | |
| Total Current Assets | 2 | 100,548 | — | |
| Cash held in Trust Account | 258 | — | — | |
| Total Assets | 259 | 100,548 | — | |
| Accounts payable and accrued expenses | 695,947 | 43,080 | — | |
| Loans payable - Sponsor | 988,480 | 123,295 | — | |
| Total current liabilities | 2 | 166,375 | — | |
| Deferred underwriting fees | 11 | — | — | |
| Total Liabilities | 12 | 166,375 | — | |
| Commitment and Contingencies | — | — | — | |
| Class A Ordinary shares subject to possible redemption, $0.0001 par value; 25,000,000 and 0 shares issued and outstanding at December 31, 2025 and 2024, respectively, at redemption value of $10.30 per share at December 31, 2025. | 258 | — | — | |
| Preference shares, $0.0001 par value; 1,000,000 shares authorized; 0 shares issued or outstanding at December 31, 2025 and 2024 | — | — | — | |
| Additional paid in capital | — | 24,157 | — | |
| Accumulated deficit | −11 | −90,827 | — | |
| Total Shareholders Deficit | −11 | −65,827 | — | |
| Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption and Shareholders Deficit | 259 | 100,548 | — |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 |
|---|---|---|
| Prepaid expenses | −90,997 | |
| Due from affiliate | −1 | |
| Deferred offering costs | — | |
| Accounts payable and accrued expenses | 652,867 | |
| Net cash used in operating activities | −2 | |
| Cash deposited into Trust Account | −250 | |
| Net cash used in investing activities | −250 | |
| Proceeds received from initial public offering | 246 | |
| Proceeds from sale of Private Placement Shares | 6 | |
| Proceeds from loan payable to Sponsor | 1 | |
| Repayment of loan payable to Sponsor | −225,413 | |
| Payment of offering costs | −197,757 | |
| Net cash provided by financing activities | 252 | |
| Net Change in Cash | 181,722 | |
| Deferred underwriting fee payable | 11 | |
| Offering costs paid by Sponsor | 200,000 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Soulpower Acquisition Corp.'s CIK number?
Soulpower Acquisition Corp.'s SEC CIK number is 0002025608 (2025608). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Soulpower Acquisition Corp.'s SEC filings?
All of Soulpower Acquisition Corp.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.