---
title: "Soulpower Acquisition 2025 10-K — Revenue $0, Net Income $5.96M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/280848313.md"
description: "Soulpower Acquisition reported zero operating revenue for 2025, with a net income of $5.96 million primarily from interest income. The company incurred operating losses of $1.67 million due to pre-combination costs. It completed an IPO raising $250 million for a target acquisition and is focused on due diligence and regulatory approvals. No operating revenues were generated as the company has not commenced commercial operations."
datetime: "2026-03-27T21:15:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/280848313.md)
  - [en](https://longbridge.com/en/news/280848313.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/280848313.md)
---

# Soulpower Acquisition 2025 10-K — Revenue $0, Net Income $5.96M

Soulpower Acquisition reported zero operating revenue for the year ended December 31, 2025, as the company has not commenced commercial operations. The company recorded operating losses of $1.67 million tied to pre-combination costs while reporting net income of $5.96 million, driven primarily by interest income on its trust account. Per-share net income metrics were not reported in the filing.

**Financial Highlights**

-   **Revenue:** $0 — the company has not generated operating revenues to date; no operating revenues until after a business combination.
-   **Gross Profit:** $0 — no operations performed so no gross profit reported.
-   **Operating Income:** $(1.67) million — operational costs of $1,674,325 for the year ended Dec 31, 2025.
-   **Net Income:** $5.96 million — primarily interest income on trust account of $7.62 million offset by operating costs.
-   **Net Income Per Share:** Not reported in Part 2 Item 7/Item 8 of the filing.

**Business Highlights**

-   **Initial Public Offering:** Completed an IPO of 25 million units, raising $250 million; proceeds placed in a trust to fund a target acquisition.
-   **Target Acquisition Strategy:** Entered into a business combination agreement to combine with Soul World Bank to form an international digital banking platform.
-   **Operational Readiness:** No operating revenues; current activities focused on target diligence, securing regulatory approvals, and maintaining public company compliance ahead of a business combination.
-   **Working Capital & Financing:** Sponsor loans and promissory notes secured to fund transaction and diligence costs prior to completion of the business combination.

Original SEC Filing: Soulpower Acquisition Corp. \[ SOUL \] - 10-K - Mar. 27, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

### Related Stocks

- [SOUL.US](https://longbridge.com/en/quote/SOUL.US.md)

## Related News & Research

- [BST Group completed IPO at a valuation of NIS 3 billion](https://longbridge.com/en/news/290062981.md)
- [Michael Burry says he's tempted to bet against SpaceX, but passes on expensive options](https://longbridge.com/en/news/289962272.md)
- [Warren Buffett Makes Massive Alphabet Stock Trade as a Billionaire Rival Bolts for the Exits](https://longbridge.com/en/news/290282104.md)
- [Berkshire (BRK.B) Lagged the Market. The Cash Pile Could Change That](https://longbridge.com/en/news/289888081.md)
- [Hyatt Hotels (H) Deepens Asset-Light Strategy With Ontario Redevelopment – But How Scalable Is It?](https://longbridge.com/en/news/290153897.md)