Company: SBXD
Filing Date: 2025-08-07
Form Type: 425
Source: 0001104659-25-074863
Chunk: 17

Company: SilverBox Corp IV
Filing Date: 2025-08-07
Form: 425
Chunk 17
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 not rely on the representations, warranties and covenants in the SEPA as characterizations of the actual statements of fact about the parties.

Shared Facilities and Services Agreement

Concurrently with the Closing
of the Business Combination Agreement, Pubco and Parataxis Capital Management LLC, a Delaware limited liability company and an affiliate
of the Company (“PCM”), will enter into a Shared Facilities and Services Agreement (the “Services Agreement”).
Pursuant to the Services Agreement, PCM will agree to provide, or cause to be provided, to Pubco and its subsidiaries use of PCM’s
facilities and certain services to Pubco and its subsidiaries in exchange for a monthly services fee based on the pro rata portion of
PCM’s fully allocated cost and expenses that are directly attributable to the provision of facilities and services to be provided
by PCM.

The form of Services Agreement is filed as Exhibit 10.5 to this Current Report on Form 8-K, and the foregoing description thereof is qualified in its entirety by reference to the full text of the form of the Services Agreement and the terms of which are incorporated by reference herein.

Right of First Refusal Agreement

Concurrently
with the Closing of the Business Combination Agreement, the Company, PCM, Pubco, and Edward Chin will enter into a Right of First Refusal
Agreement (the “ROFR”). Pursuant to the ROFR, if, from the Closing and until the three-year anniversary of the Closing
(the “Offer Period”), PCM receives a bona fide, written offer from any person to enter into a single transaction or
series of related transactions with respect to (a) the acquisition, directly or indirectly, of fifty percent (50%) of the outstanding
voting power of PCM or (b) the sale, lease, transfer, exclusive license or other disposition by PCM of all or substantially all of
the assets of PCM (either, a “Sale Transaction”), then PCM shall deliver to Pubco prompt written notice (the “Offer Notice”) thereof stating: (i) the identity of the Prospective Buyer (as defined in the ROFR) and (ii) the material terms and
conditions of such Sale Transaction. With respect to any such Sale Transaction proposed to be made by PCM during the Offer
Period, Pubco shall have a right of first refusal to consummate such Sale Transaction on substantially the same terms
and conditions, including price, as the Prospective Buyer. In the event Pubco elects not to exercise its right of first refusal, PCM