Possible new SAC shares

SACDilution

Known so far: no new shares from the prospectus covers read · no effective shelf · not yet read: converts, options, ATM.

Shelf room

  • Room today none, no effective shelf
How this is worked out

Shelf room: none. No shelf registration on EDGAR was declared effective in the last 3 years, so a sale needs a new registration or a private placement.

What could become new Safeguard Acquisition (SAC) shares: warrants, each with the 10-Q, 10-K, S-1 or 424B filing it comes from.

SAC dilution ladder

Every source of new shares on record, from the filings that created it.

31.4M outstanding

  1. Outstandingas of Nov 2, 2026 (10-Q cover) · share count on the cover page
    31.4M
  2. Warrantsat $9.2010-Q Nov 2, 2026 · equity noteleft out of the share total: no share count stated
    not added

Not stated in the filings we read: an ATM program, convertible notes, options and RSUs.

Counts, sizes and prices as stated in each filing; the fully diluted count is arithmetic on them. Dollars become shares only at a price a filing states. Not advice.

Financing terms to know

None found in filings since Nov 2, 2026.

Each term is quoted from the exhibit it comes from; numbers are as stated in the filing. A flag describes a financing term. It is not investment advice.