What is GTEN's assets held in trust noncurrent?

GTEN (GTEN) reported assets held in trust noncurrent of $370.94M in Q1 2026.

What does assets held in trust noncurrent mean?

This represents the cash and marketable securities held in a trust account for the benefit of the company and its public shareholders. These assets are restricted for use until the completion of a business combination or liquidation. It serves as the primary collateral for the company's public offering and reflects the capital available for future acquisition activities.

GTEN GTEN Assets Held In Trust Noncurrent

Assets Held In Trust Noncurrent at other companies

ENH

Enhanced Group Inc. Class AENHA

$205.11M—

FCR

FutureCrest Acquisition FCRS

$292.86M—

ALD

Aldel Financial II Inc.ALDF

$245.17M+4.1%

ATI

Archimedes Tech SPAC Partners II Co. Ordinary SharesATII

$242M+4.1%

GigCapital8 Corp. GIW

$257.52M—

KRAKacquisition KRAQ

——

Other financials

Income statement

See full

Operating income-$189.9K-251%

Net income$6.1M+11,475%

EPS (diluted)$0.14+1,500%

Balance sheet

See full

Cash & equivalents$431.3K+15,449%

Total equity-$28.2M-29,913%

Total assets$371.7M+19,333%

Cash flow

See full

Operating cash flow-$188.3K—

Valuation

See full

Market cap$470.13M+1.8%

P/E66×—

Returns & leverage

See full

Return on equity-50.3%—

Current ratio0.3×—

Where this comes from

Reported directly by GTEN in its filing.

Tagged under the XBRL concept us-gaap:AssetsHeldInTrustNoncurrent.

The official record: GTEN’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is GTEN's assets held in trust noncurrent?: GTEN (GTEN) reported assets held in trust noncurrent of $370.94M in Q1 2026.
What does assets held in trust noncurrent mean?: This represents the cash and marketable securities held in a trust account for the benefit of the company and its public shareholders. These assets are restricted for use until the completion of a business combination or liquidation. It serves as the primary collateral for the company's public offering and reflects the capital available for future acquisition activities.