Soulpower Acquisition Corporation (NYSE:SOUL.U) announced the pricing of its upsized $220 million IPO and its units are expected to begin trading on the NYSE under the symbol “SOUL.U”, Wednesday, April 2, 2025.
The Company may pursue an acquisition opportunity in any business or industry or at any stage of its corporate evolution but will focus on insurance services, retirement savings and other related financial services.
Soulpower is led by Justin Lafazan, its Chief Executive Officer and Chairman of the Board of Directors, and Teresa Strassner, its Chief Financial Officer and Director. In addition, the Board includes Jeffrey Hoffman, Blake Janover, Ty Sagalow, David Magli, Marques Colston, Frank Candio, Daniel Hickey and Natasha Srulowitz.
Total SPAC deal count for 2025 year-to-date is now 22. This offering is expected to close on Thursday, April 3, 2025.
Cantor Fitzgerald & Co. is acting as sole book-running manager for the offering. Sichenzia Ross Ference Carmel LLP is serving as Issuer’s Counsel with Ellenoff, Grossman & Schole LLP serving as Underwriter’s Counsel. WithumSmith+Brown PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
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