
SOUL WORLD BANK™ (“SOUL”) is a New Economy, Next-Generation International Financial Institution that will be formed upon the completion of the proposed business combination between SWB LLC (“SWB”) and Soulpower Acquisition Corporation (NYSE: SOUL). SOUL WORLD BANK™ intends to offer a suite of international financial services, taking advantage of emerging technologies – like AI, stablecoins, and tokenization – shift the power dynamic in favor of regular, everyday people.
SWB has committed approximately $6.75 billion in assets to the combined entity. The business combination agreement contemplates a pre-money valuation of roughly $8.1 billion, supported by an equity facility of up to $5 billion to drive long-term platform expansion. Soulpower Acquisition Corporation is the publicly traded SPAC sponsoring the transaction.
Formed as a Cayman Islands exempted company and headquartered in New York, Soulpower raised $250 million in its IPO, with Cantor Fitzgerald serving as the underwriter. Until the proposed merger closes, Soulpower’s activities remain limited to due diligence, regulatory preparation, and other transaction-related corporate matters.