Group 1 - Safeguard Acquisition Corp. has priced its initial public offering (IPO) at $10.00 per unit, with a total of 20,000,000 units being offered [1] - The units will be listed on the New York Stock Exchange under the ticker symbol "SAC.U" starting December 4, 2025, and the offering is expected to close on December 5, 2025 [1] - 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 [1] Group 2 - Safeguard Acquisition Corp. is a blank check company aimed at executing mergers, share exchanges, asset acquisitions, or similar business combinations, primarily targeting the aerospace & defense, government services & national security, and space sectors [2] - The company has granted underwriters a 45-day option to purchase up to an additional 3,000,000 units at the IPO price to cover overallotments [3]
Safeguard Acquisition Corp. Announces Pricing of $200 Million Initial Public Offering
Globenewswire·2025-12-03 22:51