SilverBox Corp IV Announces Business Combination Agreement

TL;DR

SilverBox Corp IV (SBXD) inked a deal to combine with a target company.

AI Summary

SilverBox Corp IV, a blank check company, announced on August 19, 2024, that it has entered into a business combination agreement with an unnamed target. The company's Class A ordinary shares and redeemable warrants are listed on the Nasdaq under the ticker SBXD.

Why It Matters

This filing indicates that SilverBox Corp IV is moving forward with its plan to merge with a target company, which could lead to significant changes for its shareholders.

Risk Assessment

Risk Level: medium — The filing is a routine 8-K for a SPAC announcing a business combination, but the lack of details about the target company introduces uncertainty.

Key Players & Entities

• SilverBox Corp IV (company) — Registrant
• SBXD (company) — Ticker Symbol

FAQ

Key Financial Figures

• $0.0001 — nsisting of one Class A ordinary share, $0.0001 par value, and one-third of one redeema
• $11.50 — ordinary share at an exercise price of $11.50 SBXD WS New York Stock Exchange LLC
• $10.00 — the " Units "), at an offering price of $10.00 per Unit and (ii) a private placement o
• $201,000,000 — ds from the Private Placement, totaling $201,000,000 in the aggregate, were placed in a trus

Filing Documents

• tm2422229d1_8k.htm (8-K) — 32KB
• tm2422229d1_ex99-1.htm (EX-99.1) — 122KB
• 0001104659-24-092466.txt ( ) — 410KB
• sbxd-20240819.xsd (EX-101.SCH) — 4KB
• sbxd-20240819_def.xml (EX-101.DEF) — 27KB
• sbxd-20240819_lab.xml (EX-101.LAB) — 37KB
• sbxd-20240819_pre.xml (EX-101.PRE) — 26KB
• tm2422229d1_8k_htm.xml (XML) — 8KB

01 Other Events

Item 8.01 Other Events. On August 19, 2024, SilverBox Corp IV (the " Company ") completed (i) its initial public offering (the " IPO ") of 20,000,000 units (the " Units "), at an offering price of $10.00 per Unit and (ii) a private placement of 455,000 units with SilverBox Sponsor IV LLC at a price of $10.00 per unit (the " Private Placement "). The net proceeds from the IPO, together with certain of the proceeds from the Private Placement, totaling $201,000,000 in the aggregate, were placed in a trust account with Continental Stock Transfer & Trust Company established for the benefit of the Company's public shareholders and the underwriters of the IPO. Except for the withdrawal of interest earned on the amounts in the trust account to fund the Company's taxes, or upon the redemption by public shareholders of Class A ordinary shares in connection with certain amendments to the Company's amended and restated memorandum and articles of association, none of the funds held in the trust account will be released until the completion of the Company's initial business combination or the redemption by the Company of 100% of the outstanding Class A ordinary shares issued by the Company in the IPO if the Company does not consummate an initial business combination within 24 months after the closing of the IPO. An audited balance sheet as of August 19, 2024 reflecting receipt of the proceeds upon consummation of the IPO and Private Placement has been issued by the Company and is included as Exhibit 99.1 to this Current Report on Form 8-K.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits. 99.1 Audited Balance Sheet 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: August 23, 2024 SILVERBOX CORP IV By: /s/ Stephen M. Kadenacy Name: Stephen M. Kadenacy Title: Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR