SilverBox Corp IV (SBXD.U) Prices $200M IPO

SilverBox Corp IV announced the pricing of its $200 million IPO and its units are expected to begin trading on the NYSE under the symbol “SBXD.U”, Friday, August 16, 2024.

The new SPAC intends to combine with a target in an industry where its team holds expertise such as e-commerce, financial services, telecom or food and agriculture, among others.

SilverBox IV’s sponsor team is to be led by Chairman and Chief Executive Officer Stephen M. Kadenacy alongside Founding Partner Joseph E. Reece, Chief Investment Officer Duncan Murdoch, Chief Operating Officer Jin Chun, Chief Financial Officer Daniel E. Esters, and General Counsel David Lee. Matthew R. Eilers and Jonathan Lewis are to join Kadenacy on the SPAC’s Board of Directors.

Total SPAC deal count for 2024 year-to-date is now 27. This offering is expected to close on Monday, August 19, 2024.

Santander US Capital Markets LLC is acting as sole book-running manager.  Paul Hastings LLP is serving as Issuer’s Counsel with Sterling US LLP serving as Underwriter’s Counsel. Withum Smith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.