SilverBox Corp V closes $276 million IPO with proceeds placed in trust account
SilverBox Corp V, a blank check company, completed its initial public offering on December 4, 2025, selling 27,600,000 units at $10.00 each and placing $276 million in a trust account for public shareholders. Trust funds generally cannot be released until the company completes an initial business combination, or, if none is completed within 24 months, public shares are redeemed. Shareholders therefore have their investment held in trust until a deal is completed or the company winds up.
Key points
- IPO of 27,600,000 units at $10.00 per unit closed December 4, 2025, including the full over-allotment of 3,600,000 units
- $276,000,000 placed in a trust account with Continental Stock Transfer & Trust Company
- Trust funds are not released until an initial business combination is completed or, if none within 24 months, public shares are redeemed
- Sponsor SilverBox Sponsor V LLC bought 195,000 private placement units at $10.00 per unit, or $1,950,000
The filing
Written by AI on Nov 9, 2026, 11:48 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 10, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.