SBXC SEC filings, in plain English

• SCHEDULE 13G/A13 February 20250001011438-25-000117
• SCHEDULE 13G/A13 February 20250001085146-25-001237
• SCHEDULE 13G/A13 February 20250001085146-25-001235
• 15-12G26 November 20240001104659-24-122936
• 25-NSE15 November 20240000876661-24-001079
• SC 13G14 November 20240001011438-24-000676
• SC 13G/A14 November 20240001085146-24-005862
• SC 13G/A14 November 20240001172661-24-004961
• 10-Q13 November 20240001410578-24-001934
  What changed vs 2024-08-08trust $146.9M → $40.8M -72%deadline 2024-09-02 → 2024-11-02shares 13.8M → 3.78M -73%
  trust account, combination deadline, redeemable shares +13 moved · 1 with no prior record of ours

  Trust account

  $146.9M→$40.8M

  SpacBrain reads this as $106,192,748 left the trust between the two filings.

  The clause …“current assets ​ ​ 389,454 ​ ​ 1,052,587 ​ ​ ​ ​ ​ ​ ​ Marketable securities held in Trust Account ​ ​ 40,751,549 ​ ​ 144,651,855 Total Assets ​ $ 41,141,003 ​ $ 145,704,442 ​ ​ ​ ​ ​ ​ ​ Liabilities and Stockholders’ Deficit ​ ​ ​ ​”…

  Combination deadline

  2024-09-02→2024-11-02

  SpacBrain reads this as 61 days later than the previous record.

  The clause …“announced on November 4, 2024 that because it did not complete its initial business combination by November 2, 2024, it has decided to dissolve and liquidate with a redemption of its public shares expected to occur on November 15,”…

  Redeemable shares

  13.8M→3.78M

  SpacBrain reads this as 10,019,700 shares are no longer redeemable.

  The clause “000 shares authorized; 3,450,000 and 0 shares issued and outstanding (excluding 3,780,300 and 13,800,000 shares subject to possible redemption) at September 30, 2024 and December 31, 2023, respectively ​ 345 ​ — Class B common stock, $”…

  Going-concern doubt

  stated · unchanged

  The clause …“public shares expected to occur on November 15, 2024. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. No adjustments have been made to the carrying amounts of assets or liabilities”…

  Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.

• SC 13G/A13 November 20240001171843-24-006342
• SC 13G/A13 November 20240001193125-24-257444
• SC 13G/A12 November 20240001011438-24-000591
• 8-K30 August 20240001104659-24-095231
• 8-K23 August 20240001104659-24-092468
• DEFA14A22 August 20240001104659-24-092048
• DEFA14A16 August 20240001104659-24-090500
• 10-Q8 August 20240001410578-24-001222
  What changed vs 2024-05-09trust $146.0M → $146.9M +1%
  trust account, combination deadline, going-concern doubt +11 moved · 3 with no prior record of ours

  Trust account

  $146.0M→$146.9M

  SpacBrain reads this as $896,132 was added to the trust between the two filings.

  The clause …“current assets ​ ​ 489,180 ​ ​ 1,052,587 ​ ​ ​ ​ ​ ​ ​ Marketable securities held in Trust Account ​ ​ 146,944,297 ​ ​ 144,651,855 Total Assets ​ $ 147,433,477 ​ $ 145,704,442 ​ ​ ​ ​ ​ ​ ​ Liabilities and Stockholders’ Deficit ​ ​ ​ ​”…

  Combination deadline

  2024-09-02 · unchanged

  The clause …“Company will be able to consummate a Business Combination by this time. If a Business Combination is not consummated by September 2, 2024 (or December 2, 2024, if extended), there will be a mandatory liquidation and subsequent”…

  Going-concern doubt

  stated · unchanged

  The clause …“be a mandatory liquidation and subsequent dissolution. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. No adjustments have been made to the carrying amounts of assets or liabilities”…

  Redeemable shares

  13.8M · unchanged

  The clause …“value; 200,000,000 shares authorized; none issued and outstanding (excluding 13,800,000 shares subject to possible redemption) at June 30, 2024 and December 31, 2023 ​ — ​ — Class B common stock, $ 0.0001 par value; 20,000,000 shares”…

  Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.

• DEF 14A7 August 20240001104659-24-086417

  What changed: SilverBox Corp III called a special meeting for August 23, 2024 at 7:00 a.m. Pacific Time by live webcast. Alongside an extension amendment, Proposal No. 3 would remove the charter's redemption limitation barring redemptions that drop net tangible assets below $5,000,000. The trust held approximately $147.7 million as of August 5, 2024, and the company warns the amount remaining after the election may be only a small fraction of that. The sponsor paid for 3,450,000 founder shares, owns 20.00% of outstanding common stock, waives its redemption rights and intends to vote in favour. Why it matters: A $147.7 million trust is unusually intact for an extension vote, so the per-share floor is still real and redeeming holders are paid in full from deposited funds. But the company states plainly that only a small fraction may remain afterward, and it is removing the $5,000,000 net tangible asset guardrail specifically so that outcome is permitted. Holders who stay in therefore face a vehicle that may be left with too little cash to complete any deal, while the sponsor, which cannot redeem its 3,450,000 founder shares, votes 20% of the stock in favour regardless.

• PRE 14A26 July 20240001104659-24-083070
• 10-Q9 May 20240001410578-24-000696
  What changed vs 2023-11-08trust $143.0M → $146.0M +2%going concern APPEARED
  trust account, going-concern doubt, combination deadline +12 moved · 2 with no prior record of ours

  Trust account

  $143.0M→$146.0M

  SpacBrain reads this as $3,031,868 was added to the trust between the two filings.

  The clause …“current assets ​ ​ 630,997 ​ ​ 1,052,587 ​ ​ ​ ​ ​ ​ ​ Marketable securities held in Trust Account ​ ​ 146,048,165 ​ ​ 144,651,855 Total Assets ​ $ 146,679,162 ​ $ 145,704,442 ​ ​ ​ ​ ​ ​ ​ Liabilities and Stockholders’ Deficit ​ ​ ​ ​”…

  Going-concern doubt

  not stated→stated

  SpacBrain reads this as the substantial-doubt sentence is in this filing and not in the previous one.

  The clause …“be a mandatory liquidation and subsequent dissolution. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. No adjustments have been made to the carrying amounts of assets or liabilities”…

  Combination deadline

  not previously extracted→2024-09-02

  The clause …“Company will be able to consummate a Business Combination by this time. If a Business Combination is not consummated by September 2, 2024 (or December 2, 2024, if extended), there will be a mandatory liquidation and subsequent”…

  Redeemable shares

  13.8M · unchanged

  The clause …“value; 200,000,000 shares authorized; none issued and outstanding (excluding 13,800,000 shares subject to possible redemption) at March 31, 2024 and December 31, 2023 ​ — ​ — Class B common stock, $ 0.0001 par value; 20,000,000 shares”…

  Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.

• 10-K14 March 20240001104659-24-034496
• SC 13G14 February 20240001315863-24-000275
• SC 13G14 February 20240001172661-24-001597
• SC 13G14 February 20240001085146-24-001505
• SC 13G14 February 20240001062993-24-003059
• SC 13G/A14 February 20240001193125-24-034916
• SC 13G13 February 20240001171843-24-000758
• SC 13G9 February 20240001193125-24-029978
• SC 13G/A8 February 20240001174947-24-000183
• 10-Q8 November 20230001104659-23-115748
  What changed vs 2023-08-10trust $141.2M → $143.0M +1%
  trust account, redeemable shares1 moved · 1 with no prior record of ours

  Trust account

  $141.2M→$143.0M

  SpacBrain reads this as $1,836,858 was added to the trust between the two filings.

  The clause “0 ​ ​ ​ ​ ​ ​ ​ Deferred offering costs ​ ​ — ​ ​ 441,048 Marketable securities held in Trust Account ​ ​ 143,016,297 ​ ​ — Total Assets ​ $ 144,273,049 ​ $ 453,608 ​ ​ ​ ​ ​ ​ ​ Liabilities and Stockholders’ (Deficit) Equity ​ ​ ​ ​”…

  Redeemable shares

  13.8M · unchanged

  The clause …“value; 200,000,000 shares authorized; none issued and outstanding (excluding 13,800,000 shares subject to possible redemption) at September 30, 2023 and December 31, 2022 ​ — ​ — Class B common stock, $ 0.0001 par value; 20,000,000”…

  Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.

• 8-K11 September 20230001104659-23-099697
• 10-Q10 August 20230001104659-23-089788
  What changed vs 2023-05-09trust $139.9M → $141.2M +1%
  trust account, redeemable shares1 moved · 1 with no prior record of ours

  Trust account

  $139.9M→$141.2M

  SpacBrain reads this as $1,313,259 was added to the trust between the two filings.

  The clause …“​ 441,048 Long-term prepaid insurance ​ ​ 48,460 ​ ​ — Marketable securities held in Trust Account ​ ​ 141,179,439 ​ ​ — Total Assets ​ $ 142,613,022 ​ $ 453,608 ​ ​ ​ ​ ​ ​ ​ Liabilities and Stockholders’ (Deficit) Equity ​ ​ ​ ​”…

  Redeemable shares

  13.8M · unchanged

  The clause …“value; 200,000,000 shares authorized; none issued and outstanding (excluding 13,800,000 shares subject to possible redemption) at June 30, 2023 and December 31, 2022 ​ — ​ — Class B common stock, $ 0.0001 par value; 20,000,000 shares”…

  Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.

• 10-Q9 May 20230001104659-23-057671
• 8-K25 April 20230001104659-23-049308
• SC 13G9 March 20230001104659-23-030579
• 8-K8 March 20230001104659-23-030106
• SC 13G8 March 20230001193125-23-064050
• 8-K2 March 20230001104659-23-028008
• 424B41 March 20230001104659-23-027425
• 327 February 20230001104659-23-026201

The complete SBXC filing history on EDGAR