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SilverBox Corp V announced the pricing of its initial public offering of 24 million units at $10.00 per unit, raising $240 million. The company increased the offering size from its original plan, according to a company statement.
The units will begin trading on the New York Stock Exchange under the ticker symbol "SBXE.U" on December 3, 2025. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant. The warrants allow holders to purchase Class A ordinary shares at $11.50 per share.
The company expects its Class A ordinary shares and warrants to trade separately on the NYSE under the symbols "SBXE" and "SBXE.WS" once the securities begin separate trading. The offering is scheduled to close December 4, 2025, subject to customary closing conditions.
SilverBox Corp V was formed as a special purpose acquisition company to pursue mergers, acquisitions or similar business combinations. The company plans to focus on target businesses where its management team’s expertise provides competitive advantages.
Santander US Capital Markets LLC serves as sole book-running manager for the offering. The underwriter has a 45-day option to purchase up to 3.6 million additional units to cover over-allotments. SilverBox Securities LLC, an affiliate of the company’s sponsor, acts as financial advisor.
The Securities and Exchange Commission declared the company’s registration statement effective December 2, 2025.