Company: SAC-UN
Filing Date: 2025-08-22
Form Type: DRS
Source: 0002077096-25-000043
Chunk: 148

Company: Safeguard Acquisition Corp.
Filing Date: 2025-08-22
Form: DRS
Chunk 148
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 sale of the units in this offering, after deducting estimated offering expenses of $750,000, underwriting commissions of $4,000,000, or $4,600,000 if the underwriters’ over -allotmentoption is exercised in full (excluding deferred underwriting commissions of $8,000,000, or $9,200,000 if the underwriters’ over -allotmentoption is exercised in full), and (ii) the sale of the private placement units for a purchase price of $6,400,000 (or $7,000,000 if the underwriters’ over -allotmentoption is exercised in full) will be $201,650,000 (or $231,650,000 if the underwriters’ over -allotmentoption is exercised in full). $200,000,000 (or $230,000,000 if the underwriters’ over -allotmentoption is exercised in full) will be held in the trust account, which includes the deferred underwriting commissions described above. The proceeds held in the trust account will be held in cash, including in demand deposit accounts at a bank, or invested only in U.S. government treasury obligations with a maturity of 185 days or less or in money market funds meeting certain conditions under Rule 2a -7under the Investment Company Act which invest only in direct U.S. government treasury obligations. The remaining $1.65 million will not be held in the trust account. In the event that our offering expenses exceed our estimate of $750,000, we may fund such excess with funds not to be held in the trust account. In such case, the amount of funds we intend to be held outside the trust account would decrease by a corresponding amount. Conversely, in the event that the offering expenses are less than our estimate of $750,000, the amount of funds we intend to be held outside the trust account would increase by a corresponding amount. We intend to use substantially all of the funds held in the trust account, including any amounts representing interest earned on the trust account (less taxes paid or payable and deferred underwriting commissions), to complete our initial business combination. Our annual income tax obligations will depend on the amount of interest and other income earned on the amounts held in the trust account. We expect the interest income earned on the amount in the trust account (if any) will be sufficient to pay our taxes. To the extent that our equity or debt is used, in whole or in part,