Safeguard Acquisition Corp. (SAC) Form 10-Q — May 11, 2026
Safeguard Acquisition Corp. (SAC) is a pre-deal SPAC that completed its Initial Public Offering (IPO) on December 5, 2025, raising $230,000,000. The company has not yet identified a specific target for a Business Combination and continues to incur costs related to administration and target evaluation. For the three months ended March 31, 2026, the company reported a net income of $1,775,303, primarily driven by interest earned on cash and investments held in the Trust Account, which amounted to $2,055,810.
Key figures
- Eps
- 0.06
- Eps Beat
- 0
- Revenue
- 0
- Net Income
- 1775303
- Total Debt
- 0
- Debt Amount
- 0
- Revenue Yoy
- 0
- Total Assets
- 234109281
- Cash Position
- 1405174
- Deal Value Usd
- 0
- Interest Rate
- 0
- Gross Proceeds
- 0
- Offering Price
- 0
- Shares Offered
- 0
- Shares Outstanding
- 23700000
- Class B ordinary shares outstanding
- 7666667
- General and administrative expenses
- 280507
- Class A ordinary shares subject to possible redemption
- 232582006
- Interest earned on cash and investments held in Trust Account
- 2055810
Price after filing
Close on the filing date to close N calendar days later (from $10.24). Historical, not a forecast.
AI analysis
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