Company: SAC-UN
Filing Date: 2025-12-08
Form Type: 8-K
Source: 0001213900-25-119281
Chunk: 1

Company: Safeguard Acquisition Corp.
Filing Date: 2025-12-08
Form: 8-K
Item: Item 3.02
Chunk 1
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Item 3.02. Unregistered Sales of Equity Securities.

Simultaneously with the closing
of the IPO, pursuant to the Private Placement Units Purchase Agreements, the Company completed the private sale of 700,000 units (the
“ Private Placement Units”) at the initial public offering price of $10.00 per unit (for an aggregate purchase price
of $7,000,000). Of those 700,000 Private Placement Units, the Sponsor purchased 470,000 Private Placement Units and Jefferies LLC
purchased 230,000 Private Placement Units. Each Private Placement Unit consists of one Class A ordinary share and one-half of one warrant.
The Private Placement Units are identical to the Units sold in the IPO, except as otherwise disclosed in the Registration Statement. No
underwriting discounts or commissions were paid with respect to such sale. The issuance of the Private Placement Units was made pursuant
to the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended.

Item 5.02. Departure of Directors or Certain
Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 3, 2025, in connection
with the IPO, Dan Crowley, Bruce Carlson, Richard Newton and Lee Stern were appointed to the board of directors of the Company. Messrs.
Crowley, Carlson, Newton and Stern are independent directors. Effective December 5, 2025, Messrs. Carlson, Crowley, Newton and Stern were
appointed to the Board’s Audit Committee and Messrs. Carlson, Crowley, Newton and Stern were appointed to the Board’s Compensation
Committee, with Mr. Crowley and Mr. Stern serving as chair of the Audit Committee and chair of the Compensation Committee, respectively.

Following the appointment
of Messrs. Crowley, Carlson, Newton and Stern, the Board is comprised of three classes. The term of office of the first class of directors,
Class I, consisting of Messrs. Newton and Carlson, will expire at the Company’s first annual meeting of shareholders. The term of
office of the second class of directors, Class II, consisting of Messrs. Stern and Crowley, will expire at the Company’s second
annual meeting of shareholders. The term of office of the third class of directors, Class III, consisting of Frank Bachinsky, Mark Gottfredson
and Robert M. Tarola, will expire at the Company’s third annual meeting of shareholders.