Radcliffe Capital Management L.P. Increases Holdings in SilverBox Corp IV $SBXD

Radcliffe Capital Management L.P. lifted its holdings in SilverBox Corp IV (NYSE:SBXD) by 28.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 227,454 shares of the company’s stock after acquiring an additional 50,042 shares during the period. Radcliffe Capital Management L.P.’s holdings in SilverBox Corp IV were worth $2,406,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Rangeley Capital LLC bought a new stake in SilverBox Corp IV during the 2nd quarter valued at approximately $110,000. Citadel Advisors LLC bought a new position in SilverBox Corp IV in the 3rd quarter worth approximately $489,000. JPMorgan Chase & Co. purchased a new stake in SilverBox Corp IV during the 2nd quarter valued at approximately $603,000. Massar Capital Management LP purchased a new stake in SilverBox Corp IV during the 2nd quarter valued at approximately $767,000. Finally, Federated Hermes Inc. bought a new stake in shares of SilverBox Corp IV during the second quarter valued at approximately $1,081,000.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of SilverBox Corp IV in a report on Friday, March 27th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.

SilverBox Corp IV Stock Up 0.5%

Shares of SilverBox Corp IV stock opened at $10.84 on Wednesday. The firm has a market cap of $275.90 million, a price-to-earnings ratio of 54.21 and a beta of 0.06. The business has a 50-day moving average price of $10.77 and a 200-day moving average price of $10.67. SilverBox Corp IV has a twelve month low of $10.35 and a twelve month high of $11.64.

SilverBox Corp IV (NYSE:SBXD) last posted its earnings results on Friday, May 15th. The company reported $0.05 EPS for the quarter. The firm had revenue of $1.87 million during the quarter.

SilverBox Corp IV 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.