Wolverine Asset Management LLC Acquires 299,497 Shares of SilverBox Corp IV $SBXD

Key Points

• Wolverine Asset Management increased its stake in SilverBox Corp IV by 44.5% in Q4, buying 299,497 shares to hold 972,109 shares (about 3.82%) valued at roughly $10.29 million.
• Multiple institutions also opened or added positions in SBXD—including Citadel Advisors, JPMorgan Chase, Federated Hermes, Massar Capital and Rangeley Capital—with new buys ranging from about $110K to $1.08M.
• SBXD trades with a market cap of about $274M and a P/E of 46.81 (52‑week range $10.30–$11.64), and the Street consensus is a Sell (Weiss Ratings reiterated a "sell (d)").

Wolverine Asset Management LLC grew its holdings in shares of SilverBox Corp IV (NYSE:SBXD - Free Report) by 44.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 972,109 shares of the company's stock after purchasing an additional 299,497 shares during the quarter. Wolverine Asset Management LLC owned about 3.82% of SilverBox Corp IV worth $10,285,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Rangeley Capital LLC bought a new position in shares of SilverBox Corp IV during the 2nd quarter valued at $110,000. Citadel Advisors LLC bought a new position in shares of SilverBox Corp IV during the 3rd quarter valued at $489,000. JPMorgan Chase & Co. bought a new position in shares of SilverBox Corp IV during the 2nd quarter valued at $603,000. Massar Capital Management LP bought a new position in shares of SilverBox Corp IV during the 2nd quarter valued at $767,000. Finally, Federated Hermes Inc. bought a new position in shares of SilverBox Corp IV during the 2nd quarter valued at $1,081,000.

SilverBox Corp IV Price Performance

Shares of SBXD opened at $10.77 on Monday. The company has a market capitalization of $273.99 million, a PE ratio of 46.81 and a beta of 0.06. SilverBox Corp IV has a one year low of $10.30 and a one year high of $11.64. The company's fifty day moving average price is $10.70 and its 200 day moving average price is $10.62.

SilverBox Corp IV (NYSE:SBXD - Get Free Report) last announced its earnings results on Thursday, March 19th. The company reported $0.06 EPS for the quarter. The firm had revenue of $2.14 million during the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a "sell (d)" rating on shares of SilverBox Corp IV in a report on Friday, March 27th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, SilverBox Corp IV presently has an average rating of "Sell".

SilverBox Corp IV Company Profile

SilverBox Corp IV is a special purpose acquisition company (SPAC) formed to raise capital through an initial public offering and to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. As a blank-check vehicle, the company does not engage in any commercial operations until it completes its business combination.

The company was organized under the laws of the State of Delaware and is sponsored by SilverBox Capital Partners, a private investment firm that focuses on partnering with founder-led companies across technology, healthcare, consumer and business services sectors.

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