Company: SAC-UN
Filing Date: 2025-11-06
Form Type: S-1
Source: 0001213900-25-106802
Chunk: 178

Company: Safeguard Acquisition Corp.
Filing Date: 2025-11-06
Form: S-1
Chunk 178
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, amendments, modifications or waivers to the Transfer restriction that lasts for 180 days after the date of this prospectus will require the written consent of the representative of the underwriters of this offering. While we do not expect our board to approve any amendment to the letter agreement prior to our initial business combination, it may be possible that our board, in exercising its business judgment and subject to its fiduciary duties, chooses to approve one or more amendments to the letter agreement. Any such amendments to the letter agreement would not require approval from our shareholders and may have an adverse effect on the value of an investment in our securities. For more information, also see “ Risk Factors — Risks Relating to our Sponsor and Management Team — Our letter agreement with our sponsor, officers and directors may be amended without shareholder approval” and “ Underwriting — Contractual Transfer Restrictions in the Letter Agreement and Underwriting Agreement.” In order to facilitate our initial business combination or for any other reason determined by our sponsor, our sponsor may, with our consent, (i) surrender or forfeit, transfer or exchange our founder shares, private placement units or any of our other securities held by it, including for no consideration in connection with a PIPE financing or otherwise, (ii) subject any such securities to earn -outsor other restrictions, and (iii) enter into any other arrangements with respect to any such securities. Our Sponsor Our sponsor is a Delaware limited liability company, which was formed to invest in us. Although our sponsor is permitted to undertake any activities permitted under the Delaware Limited Liability Company Act and other applicable law, our sponsor’s business is focused on investing in our company. The managing members of our sponsor are Mark Gottfredson, our Chairman and Chief Executive Officer, and Frank Bachinsky, our Chief Operating Officer. As of the date hereof, Messrs. Bachinsky and Gottfredson each hold interests representing 2,152,449 founder shares held by our sponsor and 220,000 private placement units to be purchased by our sponsor which constitute a direct material interest in our sponsor. Other third -partyinvestors own membership interests representing the remaining economic interests in our sponsor, none of whom have a direct or indirect material interest in our sponsor. Other than our management team who are members of our sponsor, none of the other members of our sponsor will participate in our company’s activities. Our sponsor is not controlled by a non -U.S. person. Other Considerations and Conflicts of Interest We are not prohibited from pursuing an initial business combination or subsequent transaction