Shearman & Sterling advised Citigroup Global Markets Inc. and Deutsche Bank Securities Inc. as underwriters on the initial public offering of SilverBox Engaged Merger Corp I, a special-purpose acquisition company, of 34.5 million units at an offering price of $10 per unit, each unit consisting of one share of Class A common stock and one-third of one redeemable warrant. The offering included an exercise of the underwriters’ over-allotment option in full.
SilverBox Engaged Merger Corp I is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or other similar business combination with one or more businesses. The company is led by Executive Chairman Joseph E. Reece, co-founder and managing member of SilverBox Capital LLC and founder of Helena Capital, LLC, and Chief Executive Officer Stephen M. Kadenacy, co-founder and managing member of SilverBox Capital LLC and Chief Executive Officer of Boxwood Capital LLC.
The Shearman & Sterling team below also included associate Katie Rumer.