Schedule 13G: HOOPP's 0.5% Stake in SilverBox Corp IV (SBXD)
Rhea-AI Filing Summary
Healthcare of Ontario Pension Plan Trust Fund (HOOPP) reports beneficial ownership of 100,000 Class A ordinary shares of SilverBox Corp IV, representing 0.5% of the outstanding Class A shares based on 20,455,000 shares reported by the issuer. The position consists of 99,998 Class A shares plus 2 Class A shares held in units that include one-third of a redeemable warrant; whole warrants are exercisable at $11.50 per share. HOOPP states these securities are held in the ordinary course of business and were not acquired to influence control. HOOPP is a pension plan trust formed under Ontario law and reports sole voting and dispositive power over the 100,000 shares.
Positive
- Clear disclosure of beneficial ownership: 100,000 Class A shares with sole voting and dispositive power
- Detailed composition of the position: 99,998 Class A shares plus 2 Class A shares held in units containing one-third of a redeemable warrant, with warrants exercisable at $11.50
- Certification that the securities are held in the ordinary course of business and not to influence control, enhancing transparency
Negative
- None.
Insights
TL;DR: Small passive institutional stake (0.5%) disclosed; unlikely to move valuation but indicates institutional participation.
The filing shows HOOPP holds 100,000 Class A shares with sole voting and dispositive power, representing a 0.5% stake based on the issuer's reported 20,455,000 outstanding Class A shares. The position includes ordinary shares and a small structural element of warrants embedded in units, exercisable at $11.50. Given the size relative to the outstanding base, the holding is not material to control or near-term capital structure; it is a transparent disclosure of an institutional investor's passive position.
TL;DR: Filing confirms passive ownership and a certification that holdings are not intended to influence issuer control.
HOOPP explicitly certifies the securities were acquired and are held in the ordinary course of business and not to change or influence control. The reporting person is a pension plan trust organized under Ontario law, and the filing identifies sole voting and dispositive authority for the 100,000 shares. From a governance perspective, this disclosure reinforces transparency but does not signal activist or controlling intent given the sub-5% stake.
FAQ
How many SBXD shares does HOOPP own?
What percentage of SilverBox Corp IV (SBXD) does HOOPP's stake represent?
Does HOOPP's holding include warrants or unit structures?
Is HOOPP attempting to influence control of SBXD?
Where is the reporting person organized?