Company: SBXD
Filing Date: 2025-11-06
Form Type: 8-K
Source: 0001104659-25-107351
Chunk: 5

Company: SilverBox Corp IV
Filing Date: 2025-11-06
Form: 8-K
Item: Item 1.01
Chunk 5
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 to be substantially higher than the nominal price paid for them, even if
the trading price of PubCo common stock at such time is substantially less than the price per share paid by investors; (21) conflicts
of interest that may arise from investment and transaction opportunities involving PubCo, the Company, its affiliates and other investors
and clients; (22) legal, regulatory, political, currency, and economic risks specific to South Korea, including risks related to geopolitical
tensions in the region; (23) risks related to, and potential loss of the entire investment in, the Company’s potential investment
in a single KOSDAQ-listed company; (24) Bitcoin trading venues may experience greater fraud, security failures or regulatory or operational
problems than trading venues for more established asset classes; (25) the custody of PubCo’s Bitcoin, including the loss or destruction
of private keys required to access its Bitcoin and cyberattacks or other data loss relating to its Bitcoin, which could cause PubCo to
lose some or all of its Bitcoin; (26) a security breach or cyber-attack and unauthorized parties obtain access to PubCo’s Bitcoin
assets, PubCo may lose some or all of its Bitcoin temporarily or permanently and its financial condition and results of operations could
be materially adversely affected; (27) the emergence or growth of other digital assets, including those with significant private or public
sector backing, including by governments, consortiums or financial institutions, could have a negative impact on the price of Bitcoin
and adversely affect PubCo’s business; (28) potential regulatory change reclassifying Bitcoin as a security could lead to the PubCo’s
classification as an “investment company” under the Investment Company Act of 1940 and could adversely affect the market price
of Bitcoin and the market price of PubCo listed securities; (29) it is not possible to predict the amount of PubCo common stock sold under
the standby equity purchase agreement (“ SEPA”) or the gross proceeds resulting from such sales, that sales under the SEPA
will cause dilution to existing PubCo shareholders, PubCo may spend any proceeds under the SEPA in ways that may not generate a significant
return; and (30) other risks and uncertainties included in (x) the “ Risk Factors” sections of the SBXD Annual Report
and (y) other documents filed or to be filed with or furnished or to be furnished to the SEC by PubCo and SBXD. The foregoing list
of factors is not exclusive. You