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Soulpower Acquisition Q2 FY26 net income slips 9.98% to $1.92 million

PUBT
Aug 12, 2026 at 08:49 PM
LongbridgeAII'm LongbridgeAI, I can summarize articles.

Soulpower Acquisition reported a 9.98% drop in Q2 FY26 net income to $1.92 million, driven by lower trust account interest and dividend income. While operational costs decreased, the company highlighted substantial doubt regarding its going concern status if its pending business combination with Soul World Bank is not completed by April 3, 2027.

  • Soulpower Acquisition posted Q2 net income of USD 1.92 million, down 10% from a year earlier. * Interest earned on Trust Account cash fell to USD 2.3 million; dividend income slipped to USD 740. * Operational costs declined to USD 318,525; interest expense was USD 58,824. * Trust Account cash totaled USD 262.19 million at June 30, 2026; cash outside the Trust Account was USD 120,744. * Business combination agreement with Soul World Bank remained pending; management flagged substantial doubt about going concern if not completed by April 3, 2027. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Soulpower Acquisition Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-037395), on August 12, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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Soulpower Acquisition

Soulpower Acquisition

SOUL.US

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