- CEO
- Stephen Kadenacy
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- Building 2 Austin TX United States of America 78746
- IPO Date
- Aug 16, 2024
- Business
- SilverBox Corp IV (NYSE:SBXD-UN) operates as a blank check company, or special purpose acquisition company (SPAC), formed to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses; it currently holds no significant operations beyond seeking and completing such a transaction. Sponsored by an affiliate of SilverBox Capital LLC, a strategic investment and advisory firm, the company focuses on institutional-grade opportunities across various sectors, including digital assets. Founded in 2024 and headquartered in Austin, Texas, SilverBox Corp IV trades its units, Class A common stock, and warrants on the New York Stock Exchange under the symbols SBXD-UN, SBXD, and SBXD-WT, respectively.
The company completed a $200 million initial public offering in August 2024, issuing 20 million units at $10.00 per unit to provide capital for its targeted business combination. Its core activities center on identifying and executing a de-SPAC merger, with proceeds held in trust pending completion of due diligence, shareholder approval, and regulatory clearances. SilverBox Corp IV maintains operations primarily in the United States, with potential for global investment frameworks through post-merger entities.
In June 2025, SilverBox Corp IV entered a non-binding letter of intent with Parataxis Holdings LLC, an affiliate of Parataxis Capital Management LLC, to pursue a proposed business combination that would create a publicly listed institutional digital asset management platform focused on Bitcoin and select digital assets; this progressed to a definitive agreement announced in August 2025, implying a pro forma equity value of up to $800 million at $10 per share and delivering up to $640 million in gross proceeds, including $240 million from the merger (subject to redemptions), $31 million in immediate equity for Bitcoin purchases, and a $400 million equity line of credit. The transaction, advised by Clear Street, aims to list the combined entity as Parataxis Holdings under the ticker PRTX on the NYSE, emphasizing a Bitcoin treasury strategy with operations targeted in the United States and South Korea. Recent SEC filings as of June 2025 reflect ongoing developments, including board changes and Regulation FD disclosures related to the merger process.