Soulpower Acquisition Corp. (SOUL) Form 10-Q — May 13, 2026
Soulpower Acquisition Corporation, a pre-deal SPAC, reported a net income of $1,580,333 for the three months ended March 31, 2026, primarily driven by interest earned on cash held in the Trust Account. The company has not generated any operating revenues to date and continues to focus on identifying and evaluating potential business combination targets. The company has 25,620,000 Class A ordinary shares and 8,333,333 Class B ordinary shares outstanding as of March 31, 2026. The Class A ordinary shares are subject to possible redemption, with a redemption value of $10.40 per share.
Key figures
- Eps
- 0
- Eps Beat
- 0
- Revenue
- 0
- Net Income
- 1580333
- Total Debt
- 0
- Debt Amount
- 0
- Revenue Yoy
- 0
- Total Assets
- 0
- Cash Position
- 56403
- Deal Value Usd
- 0
- Interest Rate
- 0
- Gross Proceeds
- 0
- Offering Price
- 0
- Shares Offered
- 0
- Shares Outstanding
- 25620000
- Operational costs
- 685558
- Class B ordinary shares
- 8333333
- Interest earned on cash held in Trust Account
- 2265236
- Class A ordinary shares subject to possible redemption
- 259885212
Price after filing
Close on the filing date to close N calendar days later (from $10.33). Historical, not a forecast.
AI analysis
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