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.
Talon Capital Corp. (NASDAQ:TLNCU) has filed for a $225 million SPAC that provides further evidence that SPAC terms are getting stronger even for less experienced management teams. This new SPAC is offering investors a 1/3 warrant in each unit, which makes it the third SPAC to file with underwriter Cohen & Company with this low...
Earlier this summer, SPACInsider unveiled the SPACInsider Alerts App on iOS. Now, users of Android devices and anyone using the Chrome desktop browser (even if you’re using a Mac) can get up-to-the-minute instant alerts on SPAC filings, smart summaries of transaction terms, tailored notifications, and more! Download the SPACInsider Alerts App at the Google Play...
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Terms Tracker for the Week Ending August 15, 2025 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. The SPAC market had a little bit of everything this week: two new SPAC IPOs priced, one combination announcement hit the tape, and eight new...
AI Infrastructure (NASDAQ:AIIAU) has filed for a $100 million IPO to be the latest crossover of a team from being a SPAC target to a SPAC sponsor. This SPAC offers investors one right to a 1/5 share in each unit and a potential first redemption opportunity at 18 months. The SPAC may automatically extend this...