Company: SBXD
Filing Date: 2025-12-04
Form Type: 8-K
Source: 0001104659-25-118459
Chunk: 5

Company: SilverBox Corp IV
Filing Date: 2025-12-04
Form: 8-K
Item: Item 9.01
Chunk 5
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, commercial, regulatory and technical
uncertainty regarding Bitcoin; (13) treatment of crypto assets for U. S. and foreign tax purposes; (14) after consummation of the Transactions,
PubCo experiences difficulties managing its growth and expanding operations; (15) challenges in implementing PubCo’s business plan
due to operational challenges, significant competition and regulation; (16) being considered to be a “shell company” by the
securities exchange on which PubCo common stock will be listed or by the SEC, which may impact the ability to list PubCo common stock
and restrict reliance on certain rules or forms in connection with the offering, sale or resale of securities; (17) the outcome of any
potential legal proceedings that may be instituted against PubCo, the Company, SBXD or others following announcement of the Transactions;
(18) trading price and volume of PubCo common stock may be volatile following the Transactions and an active trading market may not develop;
(19) PubCo stockholders may experience dilution in the future due to the exercise of a significant number of existing warrants and any
future issuances of equity securities in PubCo; (20) investors may experience immediate and material dilution upon Closing as a result
of the SBXD Class B ordinary shares held by the sponsor of SBXD (the “ Sponsor”), since the value of the SBXD Class B ordinary
shares is likely 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