Company: SAC-UN
Filing Date: 2025-12-08
Form Type: 8-K
Source: 0001213900-25-119281
Chunk: 3

Company: Safeguard Acquisition Corp.
Filing Date: 2025-12-08
Form: 8-K
Item: Item 8.01
Chunk 3
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Item 8.01. Other Events.

A
total of $230,000,000 of the net proceeds from the IPO (which amount includes up to $9,200,000 of the Underwriters’ deferred
commission) and the sale of the Private Placement Units, was placed in a U. S.-based trust account maintained by Continental, acting
as trustee. Except with respect to interest earned on the funds held in the trust account that may be released to the Company to pay
its taxes (which shall exclude any 1% U. S. federal excise tax on stock repurchases under the Inflation Reduction Act of 2022 that is
imposed on us, if any) and up to $100,000 of interest to pay liquidation expenses, the funds held in the trust account will not be
released from the trust account until the earliest of (i) the completion of the Company’s initial business combination or an
earlier redemption in connection with the commencement of the consummation of the initial business combination if the Company
determines it is desirable to facilitate the completion of the initial business combination, (ii) the redemption of the Class A
Ordinary Shares included in the Units sold in the IPO (the “ public
shares”) if the Company is unable to complete its initial business combination within 24 months from the closing of the
IPO, subject to applicable law or (iii) the redemption of any of the public shares properly submitted in connection with a
shareholder vote to amend the Company’s Amended Articles (A) to modify the substance or timing of the Company’s
obligation to allow redemption in connection with its initial business combination or to redeem 100% of its public shares if it has
not consummated an initial business combination within 24 months from the closing of the IPO or (B) with respect to any other
material provisions relating to shareholders’ rights or pre-initial business combination activity.

On December 3, 2025, the Company
issued a press release announcing the pricing of the IPO, a copy of which is attached as Exhibit 99.1 to this Current Report on Form 8-K.

On December 5, 2025, the Company
issued a press release announcing the closing of the IPO, a copy of which is attached as Exhibit 99.2 to this Current Report on Form 8-K.

Item 9.01 Financial Statements and Exhibits.