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SilverBox Engaged Merger I Priced, Nasdaq: SBEA

Blank check company formed by SilverBox Capital and Engaged Capital (pending: Black Rifle Coffee Company).

Industry: SPAC

Latest Trade: $9.98 0.00 (0.0%)

First Day Return: +0.7%

Return from IPO: -0.2%

Industry: SPAC

We are a newly organized blank check company. We have been formed as part of a long-term vision shared by SilverBox Capital and Engaged Capital, who both intend to collaborate to sponsor a series of special purpose acquisition companies (“SPACs”), beginning with our company and sponsor, by bringing together their collective expertise. Our Founder Group’s long-term core vision is backed further by Engaged Capital’s expectation to enter into up to five forward purchase agreements of $100 million each (or $500 million in the aggregate) across five SPACs to be sponsored by the Founder Group prior to the effectiveness of this registration statement of which this prospectus forms a part, beginning with a firm commitment of $100 million for our company and sponsor, although there can be no assurances that such commitment will be available in part or at all. We believe this vision and strategy will serve as a competitive advantage for us. We may pursue an initial business combination in any business or industry but intend to focus our search on a target business in an industry where we believe the expertise of our management team and the Advisory Group will provide us with a competitive advantage in completing a successful initial business combination.
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IPO News for SilverBox Engaged Merger I
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IPO Data
IPO File Date 02/08/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 30.0
Deal Size ($mm) $300
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 02/25/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 30.0
Deal Size ($mm) $300
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters Austin, TX
Founded 2020
Employees 5