Soulpower and SWB Submit Draft Registration Statement for Merger

Soulpower Acquisition Corporation and SWB Holdings announced that Pubco has confidentially submitted a draft registration statement on Form S-4 with the U.S. Securities and Exchange Commission. The confidential draft registration statement relates to the proposed business combination between Pubco, Soulpower and SWB, which was previously announced on November 24. Pubco intends to apply to list its non-voting Class A ordinary shares on the New York Stock Exchange under the ticker symbol "SOUL" upon the closing of the business combination, The confidential submission of the draft registration statement allows the parties to engage with the SEC as part of its review process prior to publicly filing the registration statement. No public filing has yet been made, and the registration statement has not been declared effective by the SEC. The completion of the proposed transaction remains subject to customary closing conditions, including the approval of Soulpower shareholders and the effectiveness of the registration statement, and other closing conditions set forth in the various transaction agreements.