SilverBox Corp V
Price History
SilverBox Corp V is a blank check company, also known as a special purpose acquisition company (SPAC), formed specifically to pursue an initial business combination through merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar transaction with one or more target businesses. Headquartered in Austin, Texas, and led by CEO Stephen M. Kadenacy, it conducted an initial public offering targeting up to $200 million by offering 20 million units at $10.00 each, with proceeds deposited into a U.S.-based trust account managed by Continental Stock Transfer & Trust Company. The company has a 24-month window from the IPO closing to complete its initial business combination, providing public shareholders the right to redeem their Class A ordinary shares at a per-share price based on the trust account value prior to the transaction. As an emerging growth company and smaller reporting company, SilverBox Corp V benefits from reduced public reporting requirements under federal securities laws. It has not yet identified or engaged in substantive discussions with any specific target, positioning it as a vehicle for investors seeking exposure to future merger opportunities across various sectors. With a market capitalization around $346 million, it plays a role in the SPAC market by facilitating capital raising for undisclosed business combinations.
Company Overview
SilverBox Corp V is a blank check company, also known as a special purpose acquisition company (SPAC), formed specifically to pursue an initial business combination through merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar transaction with one or more target businesses. Headquartered in Austin, Texas, and led by CEO Stephen M. Kadenacy, it conducted an initial public offering targeting up to $200 million by offering 20 million units at $10.00 each, with proceeds deposited into a U.S.-based trust account managed by Continental Stock Transfer & Trust Company. The company has a 24-month window from the IPO closing to complete its initial business combination, providing public shareholders the right to redeem their Class A ordinary shares at a per-share price based on the trust account value prior to the transaction. As an emerging growth company and smaller reporting company, SilverBox Corp V benefits from reduced public reporting requirements under federal securities laws. It has not yet identified or engaged in substantive discussions with any specific target, positioning it as a vehicle for investors seeking exposure to future merger opportunities across various sectors. With a market capitalization around $346 million, it plays a role in the SPAC market by facilitating capital raising for undisclosed business combinations.