Company: SBXD
Filing Date: 2025-08-07
Form Type: 8-K/A
Source: 0001104659-25-075273
Chunk: 16

Company: SilverBox Corp IV
Filing Date: 2025-08-07
Form: 8-K/A
Chunk 16
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 the SEPA by mutual written consent.

As consideration for Yorkville’s commitment to purchase the SEPA Shares, Pubco agreed to pay to Yorkville a commitment fee in an amount equal to 1.0% of the Commitment Amount (the “ Commitment Fee”), of which (i) one-half (the “ Initial Fee”) shall be paid on or before the fifth trading day following the consummation of the Transactions, and which may be paid, at the option of Pubco, in cash, or by the issuance to Yorkville of such number of shares of Pubco Class A Stock that is equal to the Initial Fee divided by $10.00 (the “Initial Commitment Shares”) and (ii) one-half (the “ Deferred Fee”) shall be paid within five trading days of the date that Pubco receives proceeds from the sale of SEPA Shares to Yorkville of at least $50 million (the “ Deferred Fee Date”), and which may be paid, at the option of Pubco, in cash, or by the issuance to Yorkville of such number of shares of Pubco Class A Stock that is equal to the Deferred Fee divided by the average of the daily VWAPs of the shares of Pubco Class A Stock during the first 3 trading days immediately following the Deferral Fee Date (the “ Deferred Commitment Shares”). The Initial Commitment Shares issuable thereunder shall be included on the Registration Statement. Pursuant to the SEPA, Pubco is required to register for resale all SEPA Shares which Yorkville may acquire, and is required to have a registration statement declared effective by the SEC before it can sell any SEPA Shares to Yorkville.

SEPA Registration Rights Agreement

Concurrently with the Closing
of the Business Combination Agreement,Pubco and Yorkville will enter into a registration rights agreement (the “SEPA Registration Rights Agreement”), pursuant to which Pubco will agree to file with the Securities and Exchange Commission a registration
statement covering the resale of the SEPA Shares and the Commitment Shares issuable to the Investor under the SEPA.

The SEPA is filed as Exhibit 10.7 to this Current Report on Form 8-K and the SEPA Registration Rights Agreement is filed as Exhibit 10.8 to this Current Report on Form 8-K, and the foregoing descriptions thereof are qualified in their entirety by reference to the full text of the SEPA and the SEPA Registration Rights Agreement and the terms of which are incorporated by reference herein. The filing of the SEPA her