Wolverine Asset Management and affiliates report a significant stake in Soulpower Acquisition Corporation. They beneficially own 1,285,474 Class A ordinary shares, representing 5.02% of the class.
The percentage is based on 25,620,000 ordinary shares outstanding as of November 12, 2025, according to Soulpower’s Form 10-Q. Voting and investment power over these shares is shared among Wolverine Asset Management, Wolverine Holdings, Christopher L. Gust, and Robert R. Bellick. The position is certified as held in the ordinary course of business and not for influencing control. Wolverine Flagship Fund Trading Limited is entitled to dividends and sale proceeds from these shares.
What stake does Wolverine Asset Management report in Soulpower Acquisition (SOUL)?
Wolverine Asset Management reports beneficial ownership of 1,285,474 Soulpower Class A shares, or 5.02% of the class. This percentage is calculated against 25,620,000 ordinary shares outstanding as of November 12, 2025, as referenced from Soulpower’s Form 10-Q.
Who are the reporting persons in the Soulpower (SOUL) Schedule 13G filing?
The reporting persons are Wolverine Asset Management, LLC, Wolverine Holdings, LLC, Christopher L. Gust, and Robert R. Bellick. They collectively report shared voting and dispositive power over 1,285,474 Class A ordinary shares of Soulpower Acquisition Corporation.
How is the 5.02% ownership in Soulpower (SOUL) calculated in the 13G?
The 5.02% ownership is calculated by dividing 1,285,474 beneficially owned shares by 25,620,000 outstanding shares. The outstanding share count comes from Soulpower’s Form 10-Q, which states 25,620,000 ordinary shares outstanding as of November 12, 2025.
Does Wolverine intend to influence control of Soulpower Acquisition (SOUL)?
The filing states the securities were acquired and are held in the ordinary course of business, not to change or influence control. It also notes they are not held in connection with any transaction intended to affect control, aside from specified nomination-related activities.
Who receives dividends and sale proceeds from the reported Soulpower (SOUL) shares?
Wolverine Flagship Fund Trading Limited is identified as having the right to receive dividends and sale proceeds from the reported shares. These rights apply to the Soulpower ordinary shares that may be deemed beneficially owned by the Wolverine reporting group.
What voting and dispositive powers are reported over Soulpower (SOUL) shares?
The reporting persons disclose zero sole voting or dispositive power and shared power over 1,285,474 shares. Wolverine Asset Management, Wolverine Holdings, Christopher L. Gust, and Robert R. Bellick each report shared authority to vote and dispose of these Class A ordinary shares.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Soulpower Acquisition Corporation
(Name of Issuer)
Class A ordinary shares, par value $0.0001 per share
(Title of Class of Securities)
G82745103
(CUSIP Number)
12/31/2025
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
SCHEDULE 13G
CUSIP No.
G82745103
1
Names of Reporting Persons
Wolverine Asset Management, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
ILLINOIS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,285,474.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,285,474.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,285,474.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.02 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
CUSIP No.
G82745103
1
Names of Reporting Persons
Wolverine Holdings, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,285,474.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,285,474.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,285,474.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.02 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
CUSIP No.
G82745103
1
Names of Reporting Persons
Christopher L. Gust
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
ILLINOIS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,285,474.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,285,474.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,285,474.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.02 %
12
Type of Reporting Person (See Instructions)
HC, IN
SCHEDULE 13G
CUSIP No.
G82745103
1
Names of Reporting Persons
Robert R. Bellick
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
ILLINOIS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,285,474.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,285,474.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,285,474.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.02 %
12
Type of Reporting Person (See Instructions)
HC, IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Soulpower Acquisition Corporation
(b)
Address of issuer's principal executive offices:
250 West 55th Street, 17th Floor, New York, NY 10019
Item 2.
(a)
Name of person filing:
Wolverine Asset Management, LLC
Wolverine Holdings, LLC
Christopher L. Gust
Robert R. Bellick
(b)
Address or principal business office or, if none, residence:
c/o Wolverine Asset Management, LLC
175 West Jackson Boulevard, Suite 340
Chicago, IL 60604
(c)
Citizenship:
Wolverine Asset Management, LLC - Illinois
Wolverine Holdings, LLC - Delaware
Christopher L. Gust - U.S. Citizen
Robert R. Bellick - U.S. Citizen
(d)
Title of class of securities:
Class A ordinary shares, par value $0.0001 per share
(e)
CUSIP No.:
G82745103
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
Wolverine Asset Management, LLC ("WAM") is an investment adviser and has voting and dispositive power over 1,285,474 Class A ordinary shares of the Issuer. The sole member and manager of WAM is Wolverine Holdings, LLC ("Wolverine Holdings"). Robert R. Bellick and Christopher L. Gust, may be deemed to control Wolverine Holdings in their roles as Managers of Wolverine Holdings. Each of Wolverine Holdings, Mr. Bellick, and Mr. Gust have voting power over 1,285,474 Class A ordinary shares of the Issuer.
(b)
Percent of class:
WAM may be deemed the beneficial owner of 5.02% of the Issuer's outstanding Class A ordinary shares and each of Wolverine Holdings, Mr. Bellick, and Mr. Gust may be deemed the beneficial owner of 5.02% of the Issuer's outstanding Class A ordinary shares. Percentages were calculated by dividing the number of shares deemed beneficially owned by each reporting person by 25,620,000 (the number of ordinary shares outstanding as of November 12, 2025 according to the Issuer's Form 10-Q filed November 13, 2025).
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
WAM has shared power to vote, or direct the vote of 1,285,474 Class A ordinary shares, and each of Wolverine Holdings, Mr. Bellick, and Mr. Gust has shared power to vote or direct the vote of 1,285,474 Class A ordinary shares of the Issuer, in each case as set forth in Item4(a) above.
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
WAM has shares power to dispose of, or direct the disposition of 1,285,474 Class A ordinary shares of the Issuer, and each of Wolverine Holdings, Mr. Bellick, and Mr. Gust has shared power to dispose or direct the disposition of 1,285,474 Class A ordinary shares of the Issuer, in each case as set forth in Item4(a) above. Each of Wolverine Holdings, Mr. Bellick, and Mr. Gust have dispositive power over 1,285,474 Class A ordinary shares of the Issuer.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Wolverine Flagship Fund Trading Limited is known to have the right to receive the receipt of dividends from, or the proceeds from the sale of, the shares of the Issuer's Ordinary Shares covered by this statement that may be deemed to be beneficially owned by WAM.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
