Company: SAC-UN
Filing Date: 2025-08-22
Form Type: DRS
Source: 0002077096-25-000043
Chunk: 263

Company: Safeguard Acquisition Corp.
Filing Date: 2025-08-22
Form: DRS
Chunk 263
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 a result, in most circumstances, a person can gain control of our board only by successfully engaging in a proxy contest at two or more annual meetings. Our authorized but unissued Class A ordinary shares and preference shares are available for future issuances without shareholder approval and could be utilized for a variety of corporate purposes, including future offerings to raise additional capital, acquisitions and employee benefit plans. The existence of authorized but unissued and unreserved Class A ordinary shares and preference shares could render more difficult or discourage an attempt to obtain control of us by means of a proxy contest, tender offer, merger or otherwise. 168 SECURITIES ELIGIBLE FOR FUTURE SALE Immediately after this offering we will have 27,306,667 Class A ordinary shares (or 31,366,667 Class A ordinary shares if the underwriters’ over -allotmentoption is exercised in full) issued and outstanding on an as -convertedbasis. Of these shares, the Class A ordinary shares included in the public units sold in this offering (20,000,000 Class A ordinary shares if the underwriters’ over -allotmentoption is not exercised and 23,000,000 Class A ordinary shares if the underwriters’ over -allotmentoption is exercised in full) will be freely tradable without restriction or further registration under the Securities Act, except for any Class A ordinary shares purchased by one of our affiliates within the meaning of Rule 144 under the Securities Act. Similarly, any public units or public warrants sold in this offering will be freely tradable without restriction or further registration under the Securities Act, except for any public units purchased by one of our affiliates within the meaning of Rule 144 under the Securities Act. All of the outstanding founder shares (6,666,667 founder shares if the underwriters’ over -allotmentoption is not exercised and 7,666,667 founder shares if the underwriters’ over -allotmentoption is exercised in full) and all of the outstanding private placement units (640,000 private placement units if the underwriters’ over -allotmentoption is not exercised and 700,000 private placement units if the underwriters’ over -allotmentoption is exercised in full), and the securities underlying the foregoing, will be restricted securities under Rule 144, in that they were issued in private transactions not involving a public offering. Contractual transfer restrictions Our sponsor and our management team have agreed not to transfer, assign or sell (i) any of their founder shares until the earliest