SilverBox Engaged Merger Corp I
SBEAU
NASDAQ Global Select12.50
USD
+2.40
- -
CIK
0001836707
ISIN
US82836L2007
CUSIP
82836L200
Return %
Stock
S&P500
1Y
- -
18.21
3Y
- -
63.29
5Y
24.13
74.90
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Joseph E. Reece
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 8801 Calera Drive Austin TX United States of America 78735
- IPO Date
- Feb 26, 2021
- CIK
- 0001836707
- Similar Companies
- Business
- SilverBox Engaged Merger Corp I (SBEAU) is a blank check company, or special purpose acquisition company (SPAC), whose primary business is to effect a merger, capital stock exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses; it offers redeemable units consisting of one Class A ordinary share and one-third of a warrant, with no current operations beyond pursuing such a transaction. Sponsored by SilverBox Capital LLC, a private investment firm based in Austin, Texas, and Engaged Capital LLC, an activist investment manager in Newport Beach, California, the company was founded in 2020 and is headquartered at 8801 Calera Drive, Austin, Texas, with a global focus but targeting opportunities primarily in North America and Europe across sectors including industrial services, technology-enabled platforms, and food. It raised $345 million in gross proceeds from its initial public offering on February 26, 2021, underwritten by Citigroup and Deutsche Bank Securities, placing 100% of IPO cash in trust. In its major transaction, SilverBox announced a $1.7 billion business combination with Black Rifle Coffee Company on November 2, 2021, approved by stockholders on February 3, 2022, and closed on February 9, 2022, resulting in the combined entity BRC Inc. listing on the NYSE under "BRCC" with approximately $150 million in cash proceeds to BRCC; the SPAC units (SBEAU) continue trading post-merger, reflecting the completed deal and liquidation of the SPAC shell.
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