Company: SBXD
Filing Date: 2025-08-07
Form Type: 425
Source: 0001104659-25-074863
Chunk: 16

Company: SilverBox Corp IV
Filing Date: 2025-08-07
Form: 425
Chunk 16
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) 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

Contemporaneously with the
execution of the Business Combination Agreement,Pubco and Yorkville also entered into a registration rights agreement (the “SEPA Registration Rights Agreement”), pursuant to which Pubco agreed 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.

A copy of the SEPA and the SEPA Registration Rights Agreement will be filed by amendment on Form 8-K/A to this Current Report within four business days of the date hereof as Exhibit 10.7 and Exhibit 10.8 respectively, 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 herewith provides investors with information regarding its terms and is not intended to provide any other factual information about the parties. In particular, the assertions embodied in the representations and warranties contained in the SEPA were made as of the execution date of the SEPA only and are qualified by information in confidential disclosure schedules provided by the parties to each other in connection with the signing of the SEPA. These disclosure schedules contain information that modifies, qualifies, and creates exceptions to the representations and warranties set forth in the SEPA. Moreover, certain representations, warranties and covenants in the SEPA may have been used for the purpose of allocating risk between the parties rather than establishing matters of fact. Accordingly, you should