Company: SAC-UN
Filing Date: 2025-11-06
Form Type: S-1
Source: 0001213900-25-106802
Chunk: 16

Company: Safeguard Acquisition Corp.
Filing Date: 2025-11-06
Form: S-1
Chunk 16
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 will help us in identifying potential acquisition targets. Experience with SPACs We seek to capitalize on the experience of our management, board of directors, our sponsor and their affiliates to identify, evaluate, acquire and operate a target business. Lee Stern will be one of our directors as of the commencement of trading of our securities on the NYSE. Mr.Stern served as a board member of GreenVision Acquisition Corp., a Nasdaq Capital Market -listedspecial purpose acquisition company that raised $57.5million in its initial public offering in November 2019 (“GreenVision”), from November 2020 to March 2021. GreenVision completed its initial business combination with micromobility.com Inc. (formerly Helbiz, Inc.) in August 2021. The closing prices of the common stock and warrants of the combined company, micromobility.com Inc. (formerly Helbiz, Inc.), on October31, 2025 were $0.0054 and $0.0012, respectively. Frank Bachinsky, our Chief Operating Officer, was the founder and Chief Executive Officer of ONS Acquisition Corp. (“ONS”) from March 2020 to March 2021. On August21, 2023, the SEC declared its registration statement abandoned for ONS’s failure to timely amend or withdraw the registration statement. Our directors and officers, or their respective affiliates, may in the future become affiliated with other SPACs that may have acquisition objectives that are similar to ours. See “ Risk Factors — Risks Relating to our Sponsor and Management Team — Our officers and directors presently have, and any of them in the future may have additional, fiduciary or contractual obligations to other entities, possibly including other blank check companies, and, accordingly, may have conflicts of interest in allocating their time and in determining to which entity a particular business opportunity should be presented.” Business Strategy and Target Industries We believe there is a significant growth opportunity in the global defense sector, driven by sustained increases in Department of Defense (“DoD”) funding and a renewed focus on modernization and strategic deterrence, both with the U.S. military and its allies. Several macro -leveldevelopments are catalyzing this growth. The ongoing war in Ukraine, rising instability in the Middle East, and long -termstrategic competition with China and Russia have prompted a global reassessment of defense priorities. In response, the U.S. DoD and allied governments are significantly increasing defense budgets, with a focus on modernization, deterrence, and readiness.