Company: SAC-UN
Filing Date: 2025-11-06
Form Type: S-1
Source: 0001213900-25-106802
Chunk: 312

Company: Safeguard Acquisition Corp.
Filing Date: 2025-11-06
Form: S-1
Chunk 312
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 full), or $10.00 per unit, in the private placement that will occur simultaneously with the completion of this offering. The private placement units (including the private placement warrants and the Class A ordinary shares underlying such warrants) have been deemed compensation by FINRA. If we do not complete our initial business combination within 24 months from the closing of this offering, the underwriters have agreed that (i) they will forfeit any rights or claims to their deferred underwriting commissions, including any accrued interest thereon, then in the trust account and (ii) the deferred underwriters’ commissions will be distributed on a pro rata basis, together with any accrued interest thereon (which interest will be net of taxes paid or payable and up to $100,000 of interest to pay liquidation expenses) to the public shareholders. We estimate expenses payable by us in connection with this offering, other than the underwriting discounts and commissions referred to above, will be approximately $750,000. We have agreed to reimburse the underwriters for (i) FINRA -relatedfees and expenses of the underwriters’ legal counsel, not to exceed $25,000; and (ii) costs of background checks and the costs of attending any “due diligence” meetings, not to exceed $2,500. Determination of Offering Price Prior to this offering, there has not been a public market for our units. Consequently, the initial public offering price for our units was determined by negotiations between us and the representative. Among the factors considered in these negotiations were the history and prospects of companies whose principal business is the acquisition of other companies, prior offerings of those companies, our management, our capital structure, and currently prevailing general conditions in equity securities markets, including current market valuations of publicly traded companies considered comparable to our company. We offer no assurances that the initial public offering price will correspond to the price at which the units and its components will trade in the public market subsequent to the offering or that an active trading market for the units or its components will develop and continue after the offering. Listing We intend to apply to have our units listed on the NYSE under the symbol “SAC.U.” We cannot guarantee that our securities will be approved for listing on the NYSE, which is a condition precedent to the performance by the underwriters of the services contemplated by the underwriting agreement relating to this offering. Once the securities comprising the units begin separate trading, we expect that the Class A ordinary shares and warrants will be listed on the NYSE under the symbols