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SilverBox Corp V (SBXEU) closed an upsized initial public offering of 27,600,000 units at $10.00 per unit for total proceeds of approximately $276.0 million, including 3,600,000 units from the full exercise of the over-allotment option. The units began trading on the New York Stock Exchange as SBXE.U on December 3, 2025.
Each unit contains one Class A ordinary share and one-third of a redeemable warrant; each whole warrant is exercisable to buy one Class A share at $11.50. The company expects separate listings for Class A shares and warrants as SBXE and SBXE.WS once separation occurs. SilverBox Corp V is a blank-check company formed to pursue an initial business combination in any industry.