LAS VEGAS, NV, Dec. 05, 2025 (GLOBE NEWSWIRE) -- Safeguard Acquisition Corp. (NYSE:SAC) (the "Company") today announced the closing of its initial public offering of 23,000,000 units, which includes 3,000,000 units issued pursuant to the exercise by the underwriters of their over-allotment option in full, at a public offering price of $10.00 per unit. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 per share.

The units are listed on the New York Stock Exchange ("NYSE") and commenced trading under the ticker symbol "SAC.U" on December 4, 2025. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on NYSE under the symbols "SAC" and "SAC WS," respectively.

Concurrently with the closing of the initial public offering, the Company closed on a private placement of 700,000 units at a price of $10.00 per unit, resulting in gross proceeds of $7,000,000. Safeguard Acquisition Management LLC, the ...