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.
At the SPAC of Dawn This week appears set to start in the red as futures blink negative after a long weekend and the end of Spring Break in the New York area. Four SPACs are nonetheless seeking extensions from shareholders this week, although no SPAC has yet scheduled a deal approval vote for the...
Terms Tracker for the Week Ending April 18, 2025 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. Six new SPACs filed to IPO this week. That’s not a typo. Six. Plus, another 13 amended S-1/A were filed. The total number of SPACs...
At the SPAC of Dawn As we close out Passover and head into Easter weekend, we’re reminded that even the most hopeless situations, like wandering the desert for 40 years, being dead for three days, or trying to close a DeSPAC with zero redemptions in this market, can eventually turn around. After all, SPACs have...
Globa Terra Acquisition Corporation (NASDAQ:GTERU) has filed for a $152.2 million SPAC to find an agriculture or food-tech target company The new SPAC is overfunded to 100.5% and is set to have both a 3/4 warrant and right to a 1/20 share in each of its units. This vies for the most investor-friendly unit coverage of...
EGH Acquisition Corp. (NASDAQ:EGHAU) has filed for a $150 million SPAC to continue the work of the Tortoise serial SPAC team under a fresh name. The new SPAC is not overfunded and will have one right to a 1/10 share in each of its units. It will have 24 months to initially close a business...