Company: SBXD
Filing Date: 2025-08-07
Form Type: 425
Source: 0001104659-25-075274
Chunk: 8

Company: SilverBox Corp IV
Filing Date: 2025-08-07
Form: 425
Chunk 8
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 to time, the “Registration Statement”) in connection with the registration under the Securities Act of 1933,
as amended (the “Securities Act”) of the issuance of the Pubco Class A Stock and Pubco Warrants to the SPAC Shareholders
and the Company Holders, and containing a proxy statement/prospectus for the purpose of SPAC soliciting proxies from the SPAC Shareholders
to approve (the “SPAC Shareholder Approval”), at an extraordinary general meeting of the SPAC Shareholders (the “Extraordinary General Meeting”), the Business Combination Agreement, the Transactions and related matters (the “SPAC Shareholder Approval Matters”) and providing the SPAC Shareholders an opportunity, in accordance with SPAC’s organizational documents
and initial public offering prospectus, to have their SPAC Class A Ordinary Shares redeemed (the “Redemption”).

The parties have agreed to
take all necessary action so that effective as of the Closing, the board of directors of Pubco will consist of five individuals, three
of which are to be designated by the Company and one of which is to be designated by SPAC, with the final director to be Edward Chin,
as the Chief Executive Officer and Chairman of Pubco.

Conditions to the Parties’ Obligations to Consummate the Transactions

Under the Business Combination
Agreement, the obligations of the parties to consummate (or cause to be consummated) the Transactions are subject to a number of customary
conditions for special purpose acquisition companies, including, among others, the following: (i) the receipt of the SPAC Shareholder
Approval; (ii) the consummation of the Business Combination not being prohibited by applicable law; (iii) effectiveness of the
Registration Statement; (iv) receipt of certain specified regulatory approvals; and (v) the shares of Pubco Class A Stock and Pubco Public
Warrants having been approved for listing on The Nasdaq Stock Market (“Nasdaq”) or the New York Stock Exchange (“NYSE”).

The obligations of SPAC to
consummate the Transactions are also subject to, among other things (i) the representations and warranties of the Company, Pubco, SPAC
Merger Sub and Company Merger Sub being true and correct, subject to the applicable materiality standards contained in the Business Combination
Agreement; (ii) material compliance by the Company, Pubco, SPAC Merger Sub and Company Merger Sub with their respective pre-closing covenants;
(iii) no