Soulpower Acquisition amends SPAC merger deal to clarify expense allocation, fix errors

Filed March 31, 2026 · Period ending March 26, 2026 · ~1 min read

Key Changes

• medium

  SPAC amended its business combination agreement on March 26, 2026, primarily to clarify that each party pays its own transaction expenses, with SPAC providing non-interest bearing loans to be repaid at closing or deal termination.

  Item 1.01 verify on EDGAR →
• medium

  Amendment corrects clerical errors in merger consideration allocation and outstanding unit counts, and modifies net asset calculation to include only equity payments for BVI Banking License.

  Item 1.01 verify on EDGAR →
• low

  Joint press release issued March 31, 2026, announcing the amendment to the business combination agreement with target company SWB LLC.

  Item 8.01 view on EDGAR →