SilverBox Corp IV ("SBXD") (NYSE:SBXD), a publicly listed special purpose acquisition company sponsored by an affiliate of SilverBox Capital LLC ("SilverBox Capital"), today announced that it has entered into a non-binding letter of intent with Parataxis Holdings LLC ("Parataxis Holdings"), an affiliate of Parataxis Capital Management LLC ("PCM"), with respect to a proposed business combination between SBXD and Parataxis Holdings.

If consummated, the proposed business combination would result in the listing of a preeminent, institutional digital asset management platform with a deep pipeline of proprietary and differentiated capital deployment opportunities. The platform will focus on initiating and managing capital investments in Bitcoin and other select digital assets, with the objective of creating long-term value through a repeatable, globally oriented investment framework.