Company: SAC-UN
Filing Date: 2025-11-06
Form Type: S-1
Source: 0001213900-25-106802
Chunk: 287

Company: Safeguard Acquisition Corp.
Filing Date: 2025-11-06
Form: S-1
Chunk 287
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 placement warrants included in private placement units and (iii) private placement units that may be issued upon conversion of working capital loans will have registration rights to require us to register a sale of any of our securities held by them and any other securities of the company acquired by them prior to the consummation of our initial business combination pursuant to a registration rights agreement to be signed on the effective date of this offering. Pursuant to the registration rights agreement and assuming the underwriters exercise their over -allotmentoption in full and $1,500,000 of working capital loans are converted into private placement units, we will be obligated to register up to 8,941,667 Class A ordinary shares and 425,000 warrants. The number of Class A ordinary shares includes (i) 7,666,667 Class A ordinary shares to be issued upon conversion of the founder shares, (ii) 1,050,000 Class A ordinary shares underlying the units sold in a private placement concurrently with the closing of this offering, and (iii) 225,000 Class A ordinary shares underlying the private placement units issued upon conversion of working capital loans. The number of units includes up to

182 700,000 private placement units and 150,000 private placement units issued upon the conversion of working capital loans. The holders of these securities are entitled to make up to three demands, excluding short form demands, that we register such securities. In addition, the holders have certain “piggy -back” registration rights with respect to registration statements filed subsequent to our completion of our initial business combination. We will bear the expenses incurred in connection with the filing of any such registration statements. Listing of Securities 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 “SAC” and “SAC WS,” respectively. The units will automatically separate into their component parts and will not be traded following the completion of our initial business combination. 183 TAXATION The following summary of Cayman Islands and U.S. federal income tax considerations generally applicable to an investment in our units, each consisting of one Class A ordinary share and one -halfof one redeem