Soulpower Acquisition received BVI High Court clearance for Bank of Asia (BVI) liquidators to sell assets to SWB LLC under a November 6, 2025 agreement.
The court order, dated July 23, 2026, covers the sale of certain property, rights, and assets.
Closing remains conditional on other outstanding requirements, including SWB securing a BVI banking license and deposit protection membership approval.
The related business combination with SWB Holdings still needs shareholder approval, subject to other closing conditions.
SOUL•
