Investor FAQs


Safeguard Scientifics (NYSE:SFE) provides capital and relevant expertise to fuel the growth of technology-driven businesses in healthcare, financial services and digital media. Safeguard targets companies that are capitalizing on the next wave of enabling technologies with a particular focus on the Internet of Everything, enhanced security and predictive analytics. Safeguard typically deploys between $5 million and $25 million over the course of its partnership with a company, initially investing in a Series A or B Round and opportunistically in a Seed Round. Safeguard has a distinguished track record of fostering innovation and building market leaders that spans more than six decades.
Radnor, PA, about 20 miles northwest of Philadelphia.


Toll free: 800­-736­-3001 (US, Canada, Puerto Rico)
International: 781­-575­-3100 (non-US)


Written Requests:
P.O. Box 43078
Providence, RI 02940

By overnight delivery:
250 Royall Street
Canton, MA 02021

For more information, click here.

Safeguard Scientifics does not have a direct stock purchase program, does not pay a dividend and does not have a dividend reinvestment program (DRIP).
No. However, you can access historical price information on Safeguard's website and, if you hold your shares in a brokerage account, your broker may be able to assist you in determining your cost basis.

Q1 – March 31

Q2 – June 30

Q3 – September 30

Q4 – December 31

3-for-1 stock split: April 1966

3-for-2 stock split: February 16, 1968

4-for-3 stock split: December 17, 1968

2-for-1 stock split: September 7, 1994

3-for-2 stock split: August 31, 1995

2-for-1 stock split: July 17, 1996

3-for-1 stock split: March 13, 2000

1-for-6 reverse stock split: August 27, 2009

Please visit our Financial Document Library page for the latest information about Safeguard Scientifics' financial results.
Please visit our Events page for the latest information about Safeguard Scientifics' financial calendar.
For further questions, please contact us here.

Reverse Stock Split FAQs

At Safeguard's annual meeting of shareholders held on July 23, 2008, our shareholders authorized Safeguard's Board of Directors, in its discretion, to effect a reverse stock split of the Safeguard Common Stock.

On July 29, 2009, Safeguard's Board of Directors determined that it was in the best interests of Safeguard and our shareholders to effect a reverse split of the Safeguard Common Stock.

The primary purpose of Safeguard's reverse stock split was to increase the per-share market price of SFE common stock, making the shares more attractive to institutional investors who oftentimes are constrained from buying stocks with a price less than $5/share.

The reverse stock split exchange ratio was 1-for-6.
The reverse stock split became effective upon the filing of an amendment to Safeguard's Second Amended and Restated Articles of Incorporation with the Pennsylvania Secretary of State. For trading purposes, the reverse stock split became effective on Thursday, August 27, 2009.
Yes. The new CUSIP number for Safeguard's Common Stock is 786449 20 7, effective Thursday, August 27, 2009.
Safeguard Common Stock continues to be listed on the NYSE under the symbol "SFE," although it is considered to be a "new" listing with a new CUSIP number. Under NYSE rules, stock certificates representing shares of Safeguard common stock prior to the effectiveness of the reverse stock split cannot be used by shareholders for either transfers or deliveries made on the NYSE. Thus, a shareholder who holds pre-split stock certificates must first exchange the old stock certificates in order to make transfers or deliveries on the NYSE.
A reverse stock split reduces the total number of a company's issued and outstanding common shares. With a reverse stock split, a shareholder has fewer but higher priced shares.
The primary purpose of the reverse stock split was to increase the per share market price of Safeguard Common Stock and enhance the acceptability and marketability of Safeguard Common Stock to the financial community and the investment public and potentially mitigate reluctance on the part of certain brokers and investors to trade in Safeguard Common Stock, at pre-reverse split prices.
By implementing the reverse stock split, shareholders who pay commissions based on the number of shares bought or sold may pay lower total commissions following the effectiveness of the reverse stock split. Lower commissions may also make our stock an attractive investment to additional investors.
The reverse stock split reduced the number of outstanding shares of Safeguard Common Stock from approximately 122.3 million to approximately 20.4 million and increased the trading price of Safeguard Common Stock.
The number of authorized shares of Common Stock was reduced from 500 million to approximately 83.3 million.
Proportional 1:6 adjustments were made to Safeguard's convertible debentures, stock options, deferred stock units, equity compensation plans and other equity incentive awards. The reverse stock split did not negatively affect any of the rights that accrue to holders of Safeguard Common Stock, convertible debentures, options, deferred stock units or other securities convertible into Safeguard Common Stock.

No fractional shares were issued. Shareholders who would have otherwise been due a fractional share received a cash payment instead based on a post-split per share price of $10.818. The cash payment for a fractional share was determined on the basis of the average closing price of Safeguard Common Stock for the period August 13 to August 26, 2009, as adjusted for the reverse stock split.

If you held your Safeguard Common Stock in a brokerage account, any payment due to you for fractional shares was deposited directly into your account with the organization that holds your shares. Each broker has its own processes for handling the cash received in exchange for fractional shares. You should contact your broker for more information.

If you held your Safeguard Common Stock directly (in other words, you held stock certificates or a book entry position at our transfer agent), payment for the fractional shares will be made by check, sent to you by our transfer agent, BNY Mellon Shareowner Services, following receipt by them of your properly completed and executed Letter of Transmittal and original stock certificate(s).

Generally, the reverse stock split itself did not have any tax consequences, other than for consequences attributable to any cash received in lieu of any fractional shares. The tax treatment of a shareholder may vary depending upon the particular facts and circumstances of such shareholder. Accordingly, each shareholder should consult his or her tax advisor to determine the particular tax consequences to him or her of a reverse stock split, including the application and effect of federal, state, local and/or foreign income tax and other laws.

If you are a registered Safeguard shareholder (in other words, you hold the stock certificate(s) yourself or have your shares registered in a book entry account with our transfer agent), you should contact Safeguard's transfer agent:

By Mail:

BNY Mellon Shareowner Services
PO Box 358300
Pittsburgh, PA 15252

By Overnight Courier or By Hand:

BNY Mellon Shareowner Services
Attn: Corporate Action Dept., 27th Floor
480 Washington Blvd., Jersey City, NJ 07310

From within the U.S. Canada or Puerto Rico: (877)­ 868­-8016 From outside the U.S.: (201)­ 680­-6579

If BNY Mellon Shareowner Services does not answer your questions to your satisfaction, or if you want to speak with someone at Safeguard, you can also contact Safeguard's Investor Relations Department at (610)­ 293­-0600 or

If you are a beneficial shareholder (in other words, if you hold your shares through a broker, bank or other nominee), you should contact your broker, bank or other nominee directly.

For further questions, please contact us here.