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, 2026DisclaimerThis 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.