Soulpower Acquisition Corporation Enables Separate Trading of Shares and Rights

Soulpower Acquisition Corporation announced it will enable separate trading of its Class A ordinary shares and rights beginning May 23, 2025. The new trading arrangement will allow investors more granular control over their investment in the special purpose acquisition company (SPAC).

Under the new structure, Class A ordinary shares will trade under the ticker symbol 'SOUL', while rights will be listed separately under 'SOULR' on the New York Stock Exchange. Units that remain unseparated will continue trading under the symbol 'SOULU'.

As a SPAC, Soulpower Acquisition Corporation is strategically positioned to pursue business combinations, with a specific focus on insurance services, retirement savings, and related financial services. The ability to trade shares and rights separately provides investors with increased flexibility in managing their investment positioning.

SPACs have gained significant attention in recent years as alternative investment vehicles that allow companies to go public through a merger process. By enabling separate trading of shares and rights, Soulpower provides potential investors with more nuanced investment options.

The company's strategic approach involves identifying and potentially merging with businesses in the financial services sector. This flexibility allows for potential value creation through strategic business combinations that could transform emerging companies' market positioning.

Investors should note that while the separate trading offers new opportunities, it also comes with inherent risks typical of SPAC investments. The company's forward-looking statements emphasize that no assurances can be made about future business combinations or offering completions.

The trading modification represents a standard progression for SPACs as they continue to evolve investment structures and provide more sophisticated options for investors interested in potential merger and acquisition opportunities in the financial services landscape.