Company: SAC-UN
Filing Date: 2025-08-22
Form Type: DRS
Source: 0002077096-25-000043
Chunk: 5

Company: Safeguard Acquisition Corp.
Filing Date: 2025-08-22
Form: DRS
Chunk 5
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 director’s and officer’s determination as to how much time to devote to our affairs and to which entity a particular business opportunity is presented. We may also decide to acquire one or more businesses affiliated with our sponsor or our executive officers or directors, or our directors, officers, sponsor and their affiliates may sponsor or become affiliated with entities that have a similar activity to ours. Further, our officers and directors have indirect economic interests in us and/or our sponsor and a conflict of interest may arise in determining whether a particular business combination target is appropriate for our initial business combination since our sponsor, officers and directors, any other holder of our founder shares, and the underwriters may lose their entire investment in us if an initial business combination is not completed. As a result, there may be actual or potential material conflicts of interest between our sponsor and its affiliates on the one hand, and purchasers in this offering on the other hand. For more information, also see “ Summary — Other Considerations and Conflicts of Interest,” “ Risk Factors — Risks Relating to our Sponsor and Management Team”and “Principal Shareholders.” The following table illustrates the difference between the public offering price per unit and our net tangible book value per share, as adjusted to reflect various potential redemption levels that may occur in connection with the closing of our initial business combination, which we refer to as Adjusted NTBVPS, on a pro forma basis to give effect to this offering and the issuance of the private placement warrants, assuming no exercise of the

over -allotmentoption and exercise of the over -allotmentoption in full. Adjusted NTBVPS excludes the effect of the consummation of our initial business combination or any related transactions or expenses. See the section titled “ Dilution ” for more information.

| OFFERING               
 PRICE OF               
 $10.00 PER             
 UNIT                   
 25% OF MAXIMUM         
 REDEMPTION (ASSUMES    
 5,000,000 OR 5,750,000 
 SHARES REDEEMED)       
 ADJUSTED               
 NTBVS                  | Assuming Full Exercise of Over-Allotment Option |     | AS OF JULY 23, 2025 
 ADJUSTED            
 NTBVPS              |      |     | 50% OF MAXIMUM           
 REDEMPTION (ASSUMES      
 10,000,000 OR 11,500,000 
 PUBLIC SHARES REDEEMED)  
 DIFFERENCE               
 BETWEEN                  
 ADJUSTED                 
 NTBVPS                   
 AND                      
 OFFERING                 
 PRICE