Lineage Point Capital LP Makes New Investment in SilverBox Corp IV $SBXD

Lineage Point Capital LP purchased a new stake in SilverBox Corp IV (NYSE:SBXD) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 50,042 shares of the company’s stock, valued at approximately $529,000. Lineage Point Capital LP owned 0.20% of SilverBox Corp IV at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Berkley W R Corp lifted its holdings in SilverBox Corp IV by 607.8% in the fourth quarter. Berkley W R Corp now owns 1,211,674 shares of the company’s stock valued at $12,820,000 after acquiring an additional 1,040,483 shares during the last quarter. Crossingbridge Advisors LLC acquired a new stake in SilverBox Corp IV during the fourth quarter worth $6,741,000. Wolverine Asset Management LLC raised its position in SilverBox Corp IV by 44.5% in the fourth quarter. Wolverine Asset Management LLC now owns 972,109 shares of the company’s stock valued at $10,285,000 after purchasing an additional 299,497 shares during the period. Mangrove Partners IM LLC purchased a new stake in SilverBox Corp IV in the third quarter valued at $1,640,000. Finally, Radcliffe Capital Management L.P. acquired a new position in shares of SilverBox Corp IV in the 2nd quarter valued at $1,699,000.

SilverBox Corp IV Stock Performance

Shares of SBXD stock opened at $10.82 on Friday. The firm’s 50 day moving average price is $10.77 and its 200-day moving average price is $10.68. SilverBox Corp IV has a one year low of $10.35 and a one year high of $11.64. The firm has a market cap of $275.50 million, a P/E ratio of 54.12 and a beta of 0.06.

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

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated 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, According to MarketBeat.com, SilverBox Corp IV has an average 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.