Company: SAC-UN
Filing Date: 2025-11-06
Form Type: S-1
Source: 0001213900-25-106802
Chunk: 340

Company: Safeguard Acquisition Corp.
Filing Date: 2025-11-06
Form: S-1
Chunk 340
---
 profit or loss. The ASU requires that a public entity disclose the title and position of the CODM and an explanation of how the CODM uses the reported measure(s) of segment profit or loss in assessing segment performance and deciding how to allocate resources. Public entities will be required to provide all annual disclosures currently required by Topic 280 in interim periods, and entities with a single reportable segment are required to provide all the disclosures required by the amendments in this ASU and existing segment disclosures in Topic 280. This ASU is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024, with early adoption permitted. The Company adopted ASU 2023 -07on June 27, 2025, date of incorporation. Management does not believe that any other recently issued, but not yet effective, accounting standards if currently adopted would have a material effect on the accompanying financial statements. Note 3 — Proposed Public Offering Pursuant to the Proposed Public Offering, the Company intends to offer for sale 20,000,000 Units (or 23,000,000 Units if the underwriters’ over -allotmentoption is exercised in full) at a price of $10.00 per Unit. Each Unit consists of one Class A ordinary share, and one -halfof one redeemable warrant (each, a “Public Warrant”). Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to adjustment (see Note 6). The Company will grant the underwriters a 45 -dayoption from the date of the final prospectus relating to the Proposed Public Offering to purchase up to 3,000,000 additional Units to cover over -allotments, if any, at the Proposed Public Offering price, less underwriting discounts and commissions. Note 4 — Related Party Transactions Founder Shares On July 18, 2025, the Sponsor paid $25,000 to cover certain of the Company’s expenses in exchange for the issuance of 7,666,667 Class B ordinary shares, par value $0.0001 (the “Founder Shares”). The Sponsor has agreed to forfeit up to 1,000,000 Founder Shares to the extent that the over -allotmentoption is not exercised in full by the underwriters. The forfeiture will be adjusted to the extent that the over -allotmentoption is not exercised in full by