Safeguard Acquisition Corp. (SAC.U) Prices $200M IPO
Safeguard Acquisition Corp. (NYSE:GPACU) announced the pricing of its $200 million IPO and its units are expected to begin trading on the NYSE under the symbol “SAC.U”, Thursday, December 4, 2025.
The new SPAC plans to seek out a merger partner in the aerospace & defense, government services & national security, and space sectors.
Safeguard is to be led by Chairman and Chief Executive Officer Mark Gottfredson, Chief Operating Officer Frank Bachinksy and Chief Financial Officer Robert M. Tarola. Dan Crowley, Bruce Carlson, Richard Newton, and Lee Stern will serve on its Board of Directors.
Total SPAC deal count for 2025 year-to-date is now 126. This offering is expected to close on Friday, December 5, 2025.
Jefferies is acting as the sole book-running manager for the offering. Perkins Coie LLP is serving as Issuer’s Counsel with Kirkland & Ellis LLP serving as Underwriter’s Counsel. MaloneBailey LLP serves as auditor. Continental Stock Transfer and Trust Company is acting as trustee.
