Soulpower Advances SWB Holdings SPAC Merger with S-4

Tip Ranks
2025.12.30 14:48
portai
I'm PortAI, I can summarize articles.

Soulpower Acquisition Corp. (SOUL) has announced a significant step in its merger with SWB Holdings by submitting a draft registration statement on Form S-4 to the SEC. This follows a business combination agreement disclosed on November 24, 2025. The merger aims to take SWB Holdings public as the holding company for SOUL WORLD BANK™, which integrates traditional finance with technologies like AI and tokenization. The deal is subject to shareholder approval and SEC effectiveness. Soulpower raised $250 million in its IPO in April 2025 and has a current market cap of $277.7 million.