GS Group and Goldman Sachs & Co. Report 1.6M SBXD Shares, 7.9% Ownership

Rhea-AI Filing Summary

SilverBox Corp IV is reported as being beneficially owned, in part, by The Goldman Sachs Group, Inc. and its subsidiary Goldman Sachs & Co. LLC. The filers disclose shared voting and dispositive power over 1,606,929 Class A ordinary shares, representing 7.9% of the class. The schedule is a joint filing by the parent and its broker/dealer subsidiary and includes an agreement authorizing joint amendments and an exhibit identifying the subsidiary that holds the reported position. The filers state the securities are held in the ordinary course of business and not for the purpose of changing control.

Positive

• Material disclosure: Reporting persons disclose ownership of 1,606,929 shares representing 7.9% of the class, exceeding the 5% threshold.
• Transparency and coordination: Joint Filing Agreement authorizes combined filings and amendments and Exhibit (99.2) identifies the subsidiary attribution.

Negative

• No sole control: Filers report 0 sole voting power and 0 sole dispositive power, indicating no unilateral control over the issuer.

Insights

Financial Analyst

TL;DR: Goldman Sachs reports a meaningful 7.9% stake in SilverBox Corp IV, disclosed as shared voting/dispositive power, held in ordinary course.

This Schedule 13G/A shows a non-control disclosure of 1,606,929 shares (7.9%). For investors this is a material ownership disclosure because it exceeds the 5% reporting threshold, but the filing specifically reports 0 sole voting and dispositive power and a certification that securities are not held to influence control. Impact: neutral because the position is sizable yet not presented as an activist or control stake.

Corporate Governance Expert

TL;DR: The joint filing and exhibits clarify ownership attribution to a broker/dealer subsidiary, with no indication of control intent.

The joint filing agreement and Exhibit (99.2) attribute the reported securities to Goldman Sachs & Co. LLC as a subsidiary of The Goldman Sachs Group, Inc., and classify the reporting persons under codes provided in the cover pages. The signature and certification language affirm ordinary-course holdings and deny purpose to change control. Governance impact is limited; the filing increases transparency but does not signal governance change.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

SILVERBOX CORP IV

(Name of Issuer)

Class A ordinary shares, par value $0.0001 per share

(Title of Class of Securities)

G81354105

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. G81354105

1

Names of Reporting Persons

THE GOLDMAN SACHS GROUP, INC.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,606,929.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,606,929.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,606,929.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.9 %

12

Type of Reporting Person (See Instructions)

HC, CO

SCHEDULE 13G

CUSIP No. G81354105

1

Names of Reporting Persons

GOLDMAN SACHS & CO. LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NEW YORK

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,606,929.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,606,929.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,606,929.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.9 %

12

Type of Reporting Person (See Instructions)

BD, OO, IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: SILVERBOX CORP IV
(b)	Address of issuer's principal executive offices: 1250 S. CAPITAL OF TEXAS HIGHWAY, AUSTIN, X1,78746
Item 2.
(a)	Name of person filing: THE GOLDMAN SACHS GROUP, INC.| GOLDMAN SACHS & CO. LLC
(b)	Address or principal business office or, if none, residence: The Goldman Sachs Group, Inc. 200 West Street New York, NY 10282| Goldman Sachs & Co. LLC 200 West Street New York, NY 10282
(c)	Citizenship: THE GOLDMAN SACHS GROUP, INC. - Delaware| GOLDMAN SACHS & CO. LLC - New York
(d)	Title of class of securities: Class A ordinary shares, par value $0.0001 per share
(e)	CUSIP No.: G81354105
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: See the response(s) to Item 9 on the attached cover page(s).
(b)	Percent of class: See the response(s)to Item 11 on the attached cover page(s).
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: See the response(s) to Item 5 on the attached cover page(s).
	(ii) Shared power to vote or to direct the vote: See the response(s) to Item 6 on the attached cover page(s).
	(iii) Sole power to dispose or to direct the disposition of: See the response(s) to Item 7 on the attached cover page(s).
	(iv) Shared power to dispose or to direct the disposition of: See the response(s) to Item 8 on the attached cover page(s).
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See Exhibit (99.2)
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

THE GOLDMAN SACHS GROUP, INC.

Signature:	Name: AMEEN SOETAN
Name/Title:	Attorney-in-fact
Date:	08/04/2025

GOLDMAN SACHS & CO. LLC

Signature:	Name: AMEEN SOETAN
Name/Title:	Attorney-in-fact
Date:	08/04/2025

Exhibit Information

EXHIBIT (99.1) JOINT FILING AGREEMENT In accordance with Rule 13d-1(k)(1) promulgated under the Securities Exchange Act of 1934, the undersigned agree to the joint filing of a Statement on Schedule 13G (including any and all amendments thereto) with respect to the Class A ordinary shares, par value $0.0001 per share, of SILVERBOX CORP IV and further agree to the filing of this agreement as an Exhibit thereto. In addition, each party to this Agreement expressly authorizes each other party to this Agreement to file on its behalf any and all amendments to such Statement on Schedule 13G. Date: 08/04/2025 THE GOLDMAN SACHS GROUP, INC. By:/s/ AMEEN SOETAN ---------------------------------------- Name: AMEEN SOETAN Title: Attorney-in-fact GOLDMAN SACHS & CO. LLC By:/s/ AMEEN SOETAN ---------------------------------------- Name: AMEEN SOETAN Title: Attorney-in-fact EXHIBIT (99.2) ITEM 7 INFORMATION The securities being reported on by The Goldman Sachs Group, Inc. ("GS Group"), as a parent holding company, are owned, or may be deemed to be beneficially owned, by Goldman Sachs & Co. LLC ("Goldman Sachs"), a broker or dealer registered under Section 15 of the Act and an investment adviser registered under Section 203 of the Investment Advisers Act of 1940. Goldman Sachs is a subsidiary of GS Group.

FAQ

How many SilverBox Corp IV (SBXD) shares does Goldman Sachs report owning?

The filing reports 1,606,929 Class A ordinary shares.

What percentage of SBXD does the reported position represent?

The aggregate amount represents 7.9% of the Class A ordinary shares.

Does Goldman Sachs claim voting or dispositive control over SBXD shares?

The filers report 0 sole voting power and 0 sole dispositive power, and 1,606,929 shared voting and dispositive power.

Is this filing a joint filing for SBXD?

Yes. A Joint Filing Agreement is included and both The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC are listed as filers.

Do the filers state an intent to influence control of SBXD?

The certification states the securities are held in the ordinary course of business and not for the purpose of changing or influencing control.