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Press Release – New York, NY – November 25, 2025 – Sichenzia Ross Ference Carmel LLP announced that it represented Soulpower Acquisition Corporation (NYSE: SOUL), a financials-focused special purpose acquisition company (SPAC), in its recent definitive business combination agreement with SWB LLC, valued at approximately $8.1 billion, to establish SOUL WORLD BANK, a new economy financial services conglomerate, stablecoin issuer and international bank.

The SRFC team congratulates Soulpower’s CEO, Justin Lafazan, on the execution of the agreement.

The SRFC team was led by partners Ross Carmel, Avital Perlman and Carl Kleidman, with associates Soumya Cheedi and Matthew Palumbo.