Silverbox Corp V filed its Form 10-Q for the quarter ended September 30, 2026 with the SEC on November 10, 2026, reporting quarterly net income of $3,800,904 and total assets of $284,534,163.

Key Highlights

  • Quarterly net income: The company reported net income of $3,800,904 for the three months ended September 30, 2026, compared to a net loss of $27,890 in the same period of 2025.
  • Trust Account balance: Cash and investments held in the Trust Account totaled $284,174,540 as of September 30, 2026, up from $276,768,884 at December 31, 2025.
  • Redemption value: Class A ordinary shares subject to possible redemption were carried at $10.30 per share as of September 30, 2026, compared to $10.03 per share at December 31, 2025.
  • Shares outstanding: As of November 10, 2026, there were 27,795,000 Class A ordinary shares and 6,900,000 Class B ordinary shares issued and outstanding.
  • Shareholders' deficit: Total shareholders' deficit was $(20,552,951) as of September 30, 2026, compared to $(19,275,019) at December 31, 2025, with accumulated deficit of $(20,553,661).
  • Warrant liabilities: Derivative liabilities related to warrants declined to $2,779,565 from $3,576,268 at year-end 2025, with the change in fair value contributing $796,703 of other income for the nine-month period.

Silverbox Corp V Q3 2026 Financial Results and Trust Account Performance

Silverbox Corp V (NYSE:SBXE), a blank check company incorporated in the Cayman Islands and headquartered in Austin, Texas, filed its quarterly report covering the period ended September 30, 2026. According to the filing, the company recorded net income of $3,800,904 for the three months ended September 30, 2026, driven primarily by interest earned on investments held in the Trust Account of $2,516,879 and a favorable change in the fair value of warrant liabilities of $1,667,635 during that quarter. These gains offset operating costs of $383,610 for the same three-month period.

For the nine months ended September 30, 2026, the filing reports net income of $6,127,724. Interest earned on Trust Account investments for the nine-month period totaled $7,405,656, while operating costs were $2,074,635. The change in fair value of warrant liabilities contributed $796,703 of other income over the same period. Basic and diluted net income per share was $0.18 for both Class A and Class B ordinary shares for the nine months ended September 30, 2026, according to the filing.

The balance sheet as of September 30, 2026 showed total assets of $284,534,163, with the Trust Account comprising the substantial majority at $284,174,540. On the liabilities side, the filing notes a deferred underwriting fee payable of $8,280,000 and an advisory fee payable of $8,280,000, both unchanged from December 31, 2025. Deferred legal fees increased to $1,476,102 from $81,595 at year-end. The company disclosed that 27,600,000 Class A ordinary shares remained subject to possible redemption. The registrant is classified as a smaller reporting company, non-accelerated filer, and emerging growth company, and confirmed its status as a shell company.

What Was Disclosed

Silverbox Corp V submitted a 10-Q for the quarter ended September 30, 2026, disclosing quarterly net income of $3,800,904, a Trust Account balance of $284,174,540, a per-share redemption value of $10.30, and a total shareholders' deficit of $(20,552,951).