Fifth Lane Capital LP Sells 81,480 Shares of SilverBox Corp IV $SBXD

Fifth Lane Capital LP cut its stake in shares of SilverBox Corp IV (NYSE:SBXD) by 68.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 38,419 shares of the company’s stock after selling 81,480 shares during the quarter. Fifth Lane Capital LP’s holdings in SilverBox Corp IV were worth $402,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in SBXD. Wolverine Asset Management LLC raised its position in shares of SilverBox Corp IV by 1,163.0% during the third quarter. Wolverine Asset Management LLC now owns 672,612 shares of the company’s stock worth $7,042,000 after acquiring an additional 619,358 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in SilverBox Corp IV by 200.0% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 600,000 shares of the company’s stock worth $6,361,000 after purchasing an additional 400,000 shares during the last quarter. Radcliffe Capital Management L.P. bought a new position in SilverBox Corp IV during the 2nd quarter worth approximately $1,699,000. Federated Hermes Inc. acquired a new position in shares of SilverBox Corp IV in the 2nd quarter worth approximately $1,081,000. Finally, Massar Capital Management LP acquired a new stake in shares of SilverBox Corp IV during the second quarter worth $767,000.

SilverBox Corp IV Price Performance

Shares of SilverBox Corp IV stock opened at $10.67 on Friday. The business has a 50-day simple moving average of $10.62 and a 200 day simple moving average of $10.55. SilverBox Corp IV has a one year low of $10.14 and a one year high of $11.64. The firm has a market capitalization of $271.53 million, a price-to-earnings ratio of 62.76 and a beta of 0.11.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d)” rating on shares of SilverBox Corp IV in a report on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has a consensus rating of “Sell”.

About SilverBox Corp IV

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.