Wolverine Asset Management LLC Has $10.29 Million Stake in SilverBox Corp IV $SBXD

by · The Cerbat Gem

Wolverine Asset Management LLC grew its stake in SilverBox Corp IV (NYSE:SBXD – Free Report) by 44.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 972,109 shares of the company’s stock after buying an additional 299,497 shares during the period. Wolverine Asset Management LLC’s holdings in SilverBox Corp IV were worth $10,285,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Radcliffe Capital Management L.P. grew its position in SilverBox Corp IV by 14.4% in the 3rd quarter. Radcliffe Capital Management L.P. now owns 177,412 shares of the company’s stock worth $1,858,000 after purchasing an additional 22,375 shares during the last quarter. Berkley W R Corp grew its position in SilverBox Corp IV by 184.2% in the 3rd quarter. Berkley W R Corp now owns 171,191 shares of the company’s stock worth $1,792,000 after purchasing an additional 110,952 shares during the last quarter. Mangrove Partners IM LLC acquired a new stake in SilverBox Corp IV in the 3rd quarter worth $1,640,000. Meteora Capital LLC acquired a new stake in SilverBox Corp IV in the 3rd quarter worth $1,570,000. Finally, Federated Hermes Inc. acquired a new stake in SilverBox Corp IV in the 2nd quarter worth $1,081,000.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d)” rating on shares of SilverBox Corp IV in a research report on Friday, March 27th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, SilverBox Corp IV presently has an average rating of “Sell”.

Check Out Our Latest Report on SilverBox Corp IV

SilverBox Corp IV Stock Up 0.2%

NYSE:SBXD opened at $10.77 on Monday. The firm has a market cap of $273.99 million, a PE ratio of 46.81 and a beta of 0.06. SilverBox Corp IV has a 12 month low of $10.30 and a 12 month high of $11.64. The company’s 50-day moving average price is $10.70 and its two-hundred day moving average price is $10.62.

SilverBox Corp IV (NYSE:SBXD – Get Free Report) last released its quarterly earnings results on Thursday, March 19th. The company reported $0.06 EPS for the quarter. The firm had revenue of $2.14 million during the quarter.

SilverBox Corp IV Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding SBXD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SilverBox Corp IV (NYSE:SBXD – Free Report).