Soulpower Acquisition Corp.

Soulpower Acquisition Corp. is a special purpose acquisition company incorporated in the Cayman Islands and based in the United States. It was formed to complete a merger, share exchange, asset acquisition, share purchase, recapitalization, or similar business combination with an operating business that it has not yet identified.

0.89

0.89

— Soulpower Acquisition Corp.
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SPAC formation and capital raising100% Public shell company structure used to raise capital for a future acquisition.

Soulpower Acquisition Corp. does not sell products or services to end customers in the ordinary sense; its...

  • Public market investorsprimary

    Buy SPAC units and shares for exposure to a future business combination and redemption rights.

  • Sponsor and insider capital providersprimary

    Provide founder shares, private placement units, and working capital support to fund the SPAC structure.

  • Potential acquisition targetsprimary

    Private operating businesses that may merge with the SPAC to access public markets.

The company is incorporated as a Cayman Islands exempted company, while its securities are marketed through U.S...

  • •Cayman Islands incorporation and legal domicile
  • •U.S. capital markets are the funding venue
  • •Target search can span multiple industries and regions
  • •No operating manufacturing or service footprint disclosed

The company’s core strategy is to identify and complete an initial business combination within its permitted time...

01
Identify a viable target businessshort-term

The SPAC has no operating business until it closes a transaction.

02
Complete the initial business combinationshort-term

Closing a transaction is the central value-creation event for the structure.

03
Preserve transaction flexibilitymedium-term

Sponsor alignment and capital structure affect deal execution and redemption outcomes.

The company’s main risk is that it may not complete a business combination within the required timeframe, which could...

critical

Failure to complete an initial business combination

A SPAC has no operating business until a transaction closes, and failure to do so can trigger liquidation.

Scope
Completion window and target availability
Materiality
high
high

Shareholder redemptions

Investors may redeem public shares, reducing cash available for the acquisition and increasing deal uncertainty.

Scope
Transaction financing and closing conditions
Materiality
high
high

Target diligence and valuation risk

The company must evaluate businesses it has not yet identified, increasing the chance of mispricing or poor fit.

Scope
Merger terms and post-close performance
Materiality
high
medium

Capital markets and geopolitical volatility

Market disruptions can affect target availability, investor sentiment, and the ability to complete financing.

Scope
Global macro conditions
Materiality
medium
Trust account accounting
Balance sheet and redemption-related disclosures
Fair value measurement of warrants and units
Non-cash gains or losses and equity classification
Deferred underwriting fee payable
Liabilities and future cash outflows
Going concern and completion-window estimates
Liquidity and continuation disclosures

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: 29/04/2026