SilverBox Corp V completed its initial public offering, raising $276 million through the sale of 27.6 million units priced at $10 per unit, according to a company statement. The offering included 3.6 million units from the full exercise of the over-allotment option.
The units began trading on the New York Stock Exchange under ticker symbol "SBXE.U" on December 3, 2025. Each unit contains 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 symbols "SBXE" and "SBXE.WS" once separate trading begins.
SilverBox Corp V is a special purpose acquisition company formed to pursue mergers, acquisitions or business combinations. The company stated it may target businesses in any industry but intends to focus on sectors where its management team’s expertise provides competitive advantages.
Santander US Capital Markets LLC served as the sole book-running manager for the offering. SilverBox Securities LLC, an affiliate of the company’s sponsor, acted as financial advisor.
The Securities and Exchange Commission declared the company’s registration statement effective on December 2, 2025.
