Harraden Group Reports 6.19% Stake in Safeguard Acquisition
Safeguard Acquisition Corp. Schedule 13G reports that Harraden-related parties beneficially own 1,468,060 Class A shares, representing 6.19% of the class.
Safeguard Acquisition Corp. Schedule 13G reports that Harraden-related parties beneficially own 1,468,060 Class A shares, representing 6.19% of the class. The filing attributes shared voting and dispositive power over these shares to Harraden entities and Frederick V. Fortmiller, Jr. in his managerial roles.
The statement lists underlying fund holdings that aggregate to the reported total and explains the filing is made by investment manager and general partner entities that may be deemed to indirectly beneficially own the shares.
Positive
None.
Negative
None.
Insights
Harraden group reports a 6.19% passive stake via shared voting/dispositive power.
The filing shows 1,468,060 shares held through multiple Harraden funds with shared voting and dispositive authority; Frederick V. Fortmiller, Jr. is disclosed as managing member of the adviser and GP entities. Ownership is reported under Schedule 13G mechanics for beneficial owners.
Disclosure clarifies control lines: Harraden GP and Harraden LLC are general partner/adviser entities tied to the funds. Further changes in ownership would appear in subsequent Schedule 13G/A or 13D filings.
Shared voting power implies coordinated influence, not sole control.
The entry lists only shared voting and dispositive powers (no sole powers). That indicates the reporting persons assert joint authority over the reported shares rather than exclusive control, consistent with fund/adviser structures.
Material implications hinge on whether the group crosses any higher disclosure thresholds or files an active Schedule 13D; timing for any such change is not provided in this excerpt.
Key Figures
Reported beneficial ownership:1,468,060 sharesPercent of class:6.19%Harraden Circle Investors holding (example):894,967 shares+2 more
5 metrics
Reported beneficial ownership1,468,060 sharesAmount beneficially owned (Class A)
Percent of class6.19%Percent of Class A reported as beneficially owned
Harraden Circle Investors holding (example)894,967 sharesHolding by Harraden Circle Investors (listed in table)
Harraden Circle Special Opportunities holding318,802 sharesHolding by Harraden Circle Special Opportunities (listed in table)
Harraden Circle Strategic Investments holding242,303 sharesHolding by Harraden Circle Strategic Investments (listed in table)
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Shared voting powergovernance
"Shared power to vote or to direct the vote: 1,468,060"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
Dispositive powerregulatory
"Shared power to dispose or to direct the disposition of: 1,468,060"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
Schedule 13Gregulatory
"Item 1. Name of issuer: Safeguard Acquisition Corp."
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake does Harraden report in Safeguard Acquisition Corp. (SAC)?
The filing reports Harraden-related entities beneficially own 1,468,060 Class A shares, equal to 6.19% of the class. The stake is shown under shared voting and dispositive power held through Harraden funds and affiliated entities.
Who is shown as having voting power over the reported shares in SAC?
The filing discloses shared voting power of 1,468,060 shares across Harraden entities. Frederick V. Fortmiller, Jr. is identified as managing member of the adviser and GP entities linked to those holdings.
Which Harraden funds are listed as beneficial owners of SAC shares?
The statement lists holdings in Harraden Circle Investors, LP; Harraden Circle Special Opportunities, LP; Harraden Circle Strategic Investments, LP; and Harraden Circle Concentrated, LP aggregating to the reported 1,468,060 shares and 6.19% of Class A.
Does the Schedule 13G show sole control of SAC shares by Harraden?
No. The filing indicates 0 sole voting power and 1,468,060 shared voting power, which means the Harraden group reports joint or shared authority rather than exclusive, sole control over the reported shares.
What is Frederick V. Fortmiller Jr.'s role in the reported ownership?
Frederick V. Fortmiller, Jr. is identified as the managing member of Harraden LLC and Harraden Adviser; in those managerial capacities he is reported as indirectly beneficially associated with the 1,468,060 shares disclosed.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Safeguard Acquisition Corp.
(Name of Issuer)
Class A
(Title of Class of Securities)
G77676107
(CUSIP Number)
04/22/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
G77676107
1
Names of Reporting Persons
Harraden Circle Investments, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,468,060.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,468,060.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,468,060.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.19 %
12
Type of Reporting Person (See Instructions)
OO, HC, IA
SCHEDULE 13G
CUSIP Number(s):
G77676107
1
Names of Reporting Persons
Harraden Circle Investors GP, LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,468,060.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,468,060.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,468,060.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.19 %
12
Type of Reporting Person (See Instructions)
PN, HC
SCHEDULE 13G
CUSIP Number(s):
G77676107
1
Names of Reporting Persons
Harraden Circle Investors GP, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,468,060.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,468,060.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,468,060.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.19 %
12
Type of Reporting Person (See Instructions)
OO, HC
SCHEDULE 13G
CUSIP Number(s):
G77676107
1
Names of Reporting Persons
Harraden Circle Investors, LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
894,967.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
894,967.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
894,967.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
3.78 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
G77676107
1
Names of Reporting Persons
Harraden Circle Special Opportunities, LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
318,802.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
318,802.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
318,802.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
1.35 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
G77676107
1
Names of Reporting Persons
Harraden Circle Strategic Investments, LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
242,303.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
242,303.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
242,303.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
1.02 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
G77676107
1
Names of Reporting Persons
Harraden Circle Concentrated, LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
11,988.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
11,988.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
11,988.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
0.05 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
G77676107
1
Names of Reporting Persons
Frederick V. Fortmiller, Jr.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,468,060.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,468,060.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,468,060.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.19 %
12
Type of Reporting Person (See Instructions)
IN, HC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Safeguard Acquisition Corp.
(b)
Address of issuer's principal executive offices:
7251 West Lake Mead Boulevard, Suite 300, Las Vegas, NV 89128
Item 2.
(a)
Name of person filing:
This Statement is filed on behalf of the following persons (collectively, the "Reporting Persons"):
i) Harraden Circle Investments, LLC ("Harraden Adviser");
ii) Harraden Circle Investors GP, LP ("Harraden GP");
iii) Harraden Circle Investors GP, LLC ("Harraden LLC");
iv) Harraden Circle Investors, LP ("Harraden Fund");
v) Harraden Circle Special Opportunities, LP ("Harraden Special Op Fund");
vi) Harraden Circle Strategic Investments, LP ("Harraden Strategic Fund");
vii) Harraden Circle Concentrated, LP ("Harraden Concentrated Fund"); and
viii) Frederick V. Fortmiller, Jr. ("Mr. Fortmiller")
This Statement relates to Shares (as defined herein) directly beneficially owned by Harraden Fund, Harraden Special Op Fund, Harraden Strategic Fund, and Harraden Concentrated Fund. Harraden GP is the general partner to Harraden Fund, Harraden Special Op Fund, Harraden Strategic Fund, and Harraden Concentrated Fund, and Harraden LLC is the general partner of Harraden GP. Harraden Adviser serves as investment manager to Harraden Fund, Harraden Special Op Fund, Harraden Strategic Fund, Harraden Concentrated Fund, and other high net worth individuals. Mr. Fortmiller is the managing member of each of Harraden LLC and Harraden Adviser. In such capacities, each of Harraden GP, Harraden LLC, Harraden Adviser and Mr. Fortmiller may be deemed to indirectly beneficially own the Shares reported herein directly beneficially owned by Harraden Fund, Harraden Special Op Fund, Harraden Strategic Fund, and Harraden Concentrated Fund.
(b)
Address or principal business office or, if none, residence:
885 Third Avenue, Suite 2600B, New York, NY 10022
(c)
Citizenship:
Each of Harraden Fund, Harraden Special Op Fund, Harraden Strategic Fund, Harraden Concentrated Fund, and Harraden GP is a Delaware limited partnership. Each of Harraden LLC and Harraden Adviser is a Delaware limited liability company. Mr. Fortmiller is a citizen of the United States of America.
(d)
Title of class of securities:
Class A
(e)
CUSIP Number(s):
G77676107
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
1,468,060
(b)
Percent of class:
6.19 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
1,468,060
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
1,468,060
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
See disclosure in Item 2 hereof.
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Harraden Circle Investments, LLC
Signature:
/s/ Frederick V. Fortmiller, Jr.
Name/Title:
Frederick V. Fortmiller, Jr., managing member
Date:
04/29/2026
Harraden Circle Investors GP, LP
Signature:
/s/ Frederick V. Fortmiller, Jr.
Name/Title:
Frederick V. Fortmiller, Jr., managing member; Harraden Circle Investors GP, LLC, general partner
Date:
04/29/2026
Harraden Circle Investors GP, LLC
Signature:
/s/ Frederick V. Fortmiller, Jr.
Name/Title:
Frederick V. Fortmiller, Jr., managing member
Date:
04/29/2026
Harraden Circle Investors, LP
Signature:
/s/ Frederick V. Fortmiller, Jr.
Name/Title:
Frederick V. Fortmiller, Jr., managing member; Harraden Circle Investors GP, LLC, general partner; Harraden Circle Investors GP, LP, general partner
Date:
04/29/2026
Harraden Circle Special Opportunities, LP
Signature:
/s/ Frederick V. Fortmiller, Jr.
Name/Title:
Frederick V. Fortmiller, Jr., managing member; Harraden Circle Investors GP, LLC, general partner; Harraden Circle Investors GP, LP, general partner
Date:
04/29/2026
Harraden Circle Strategic Investments, LP
Signature:
/s/ Frederick V. Fortmiller, Jr.
Name/Title:
Frederick V. Fortmiller, Jr., managing member; Harraden Circle Investors GP, LLC, general partner; Harraden Circle Investors GP, LP, general partner
Date:
04/29/2026
Harraden Circle Concentrated, LP
Signature:
/s/ Frederick V. Fortmiller, Jr.
Name/Title:
Frederick V. Fortmiller, Jr., managing member; Harraden Circle Investors GP, LLC, general partner; Harraden Circle Investors GP, LP, general partner
