SilverBox Corp IV announced the pricing of its $200 million IPO and its units are expected to begin trading on the NYSE under the symbol “SBXD.U”, Friday, August 16, 2024.
The new SPAC intends to combine with a target in an industry where its team holds expertise such as e-commerce, financial services, telecom or food and agriculture, among others.
SilverBox IV’s sponsor team is to be led by Chairman and Chief Executive Officer Stephen M. Kadenacy alongside Founding Partner Joseph E. Reece, Chief Investment Officer Duncan Murdoch, Chief Operating Officer Jin Chun, Chief Financial Officer Daniel E. Esters, and General Counsel David Lee. Matthew R. Eilers and Jonathan Lewis are to join Kadenacy on the SPAC’s Board of Directors.
Total SPAC deal count for 2024 year-to-date is now 27. This offering is expected to close on Monday, August 19, 2024.
Santander US Capital Markets LLC is acting as sole book-running manager. Paul Hastings LLP is serving as Issuer’s Counsel with Sterling US LLP serving as Underwriter’s Counsel. Withum Smith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
Launch Two Acquisition Corp. announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “LPBBU”, Tuesday, October 8, 2024. The new SPAC’s primary search focus will be on technology and software infrastructure companies whose products and services target financial services, real estate and...
Oaktree III Life Sciences (NASDAQ:OACCU) has filed for a $175 million SPAC with some of the most aggressively team-friendly terms seen so far in the second half of 2024. The new SPAC’s units contain 1/5 warrants and the trust is not set to be overfunded. Only the warrantless Cantor Equity Partners (NASDAQ:CEP) has IPO’d so...
At the SPAC of Dawn SPACs are set to have a sleepy start to their post-Rosh Hashanah week with no votes on the docket until Wednesday. Three SPACs are to hold extension votes that day and Clover Leaf (OTC:CLOE) will try again to close its combination with Kustom Entertainment after several adjournments on Friday. In...
Terms Tracker for the Week Ending October 4, 2024 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. This week was much, much heavier on the S-1 filings. There were five new SPACs filed along with six amended S-1 registration statements making good...
Willow Lane (NASDAQ:WLACU) has filed for a $110 million SPAC to be the latest repeat SPAC team returning to the market with the help of underwriter BTIG. BTIG is, in fact, leading recent underwriter activity with four new SPACs filed since the August 1, while no other firm has been left lead for more than...