Every 10-Q that Safeguard Acquisition Corp. (SAC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow SAC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SAC filings page.
Safeguard Acquisition Corp, a Cayman Islands-based blank check company, reported net income of $1,853,826 for the quarter and $3,629,129 for the six months ended June 30, 2026. Earnings came almost entirely from $4,137,509 of interest on cash and U.S. Treasury investments held in its SPAC Trust Account.
Total assets were $235,946,885, including $234,663,705 in the Trust Account and $1,138,938 of cash for operating needs. The company incurred $508,380 of operational and administrative expenses year-to-date and used $495,693 of cash in operating activities.
Safeguard has 23,000,000 Class A ordinary shares subject to redemption at about $10.20 per share, plus 700,000 non-redeemable Class A and 7,666,667 Class B shares outstanding. It has not yet entered into a Business Combination and must complete one within a 24 month Completion Window.
Safeguard Acquisition Corp. filed its quarterly report for the three months ended March 31, 2026, showing net income of $1.78 million. The company generated $2.06 million of interest on cash and investments held in its Trust Account, offset by $0.28 million of general and administrative costs.
Total assets were $234.1 million, including $232.6 million in the Trust Account and $1.41 million of cash outside the trust. All 23,000,000 Class A public shares remain classified as subject to possible redemption at $10.11 per share as of March 31, 2026. Management reports sufficient accessible cash to fund the search for a Business Combination and states that no going concern risk exists at this time.
Safeguard Acquisition Corp., a Cayman Islands blank check company, reported a small net loss of $58,650 for the quarter and period from inception on June 27, 2025 through September 30, 2025, driven solely by formation, general and administrative costs.
As of September 30, 2025, the company had no cash, deferred offering costs of $196,938 and a working capital deficit of $230,588, funded by a $27,272 related-party promissory note and accrued expenses. The Sponsor previously paid $25,000 for 7,666,667 Class B founder shares.
Subsequent to quarter-end, Safeguard completed its SPAC IPO, selling 23,000,000 units at $10.00 each for gross proceeds of $230,000,000, plus 700,000 private placement units for an additional $7,000,000. A total of $230,000,000 was deposited into a U.S. trust account, while transaction costs totaled $14,360,472, including $9,200,000 of deferred underwriting fees.
Public shareholders will have the right to redeem Class A shares in connection with a business combination or at liquidation if no deal is completed within 24 months. The company’s CEO and CFO concluded disclosure controls were not yet effective, but management believes available resources and the IPO proceeds will support the search for an acquisition target.