SilverBox Corp V (NYSE: SBXE) opens separate trading for IPO units
Rhea-AI Filing Summary
SilverBox Corp V announced that investors who bought its units in the initial public offering can begin separating and trading the underlying securities on January 23, 2026. Each unit consists of one Class A ordinary share with a par value of $0.0001 and one-third of one redeemable warrant to buy one Class A ordinary share at an exercise price of $11.50.
Units will continue to trade on the NYSE under the symbol SBXE.U, while any separated Class A ordinary shares and whole redeemable warrants will trade under SBXE and SBXE.WS, respectively. No fractional warrants will be issued, so only whole warrants will trade. Holders must have their brokers contact Continental Stock Transfer & Trust Company, the transfer agent, to split units into shares and warrants.
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FAQ
What did SilverBox Corp V (SBXE) announce in this 8-K?
SilverBox Corp V announced that holders of its IPO units can begin separately trading the underlying Class A ordinary shares and redeemable warrants, starting January 23, 2026.
What does each SilverBox Corp V (SBXE) unit consist of?
Each unit consists of one Class A ordinary share with a par value of $0.0001 and one-third of one redeemable warrant, with each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50.
When can SBXE unit holders start separate trading of shares and warrants?
Unit holders may elect to separately trade the Class A ordinary shares and redeemable warrants included in the units commencing on January 23, 2026.
What New York Stock Exchange symbols apply to SBXE units, shares, and warrants?
The units trade under SBXE.U, the Class A ordinary shares trade under SBXE, and the redeemable warrants trade under SBXE.WS on the New York Stock Exchange.
Are fractional SilverBox Corp V (SBXE) warrants issued upon unit separation?
No fractional warrants are issued upon separation of the units, and only whole redeemable warrants will trade on the New York Stock Exchange.
How do SBXE unit holders separate their units into shares and warrants?
Holders need to have their brokers contact Continental Stock Transfer & Trust Company, the companys transfer agent, to separate units into Class A ordinary shares and redeemable warrants.