What is KEEL's balance in trust account?

KEEL (KEEL) reported balance in trust account of $14.05M in Q1 2026.

What does balance in trust account mean?

This represents assets held in a fiduciary capacity or restricted trust accounts for specific purposes, such as collateral or legal requirements. These assets are generally not available for immediate operational use by the company. It is a key indicator of restricted liquidity and potential future obligations.

KEEL KEEL Balance in trust account

Balance in trust account at other companies

KEE

Keel Infrastructure Corp. Common StockKEEL

$14.05M—

Bank of HawaiiBOH

$12.45M+6.0%

Stock Yards BancorpSYBT

$7.6B+11.8%

Federated HermesFHI

$6.1M-12.9%

Crinetics PharmaceuticalsCRNX

$920K—

WesBancoWSBC

$7.8B+11.4%

Other financials

Income statement

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Revenue$37.0M-22.4%

Gross profit-$26.3M-9,631%

Operating income-$98.4M-182%

Net income-$145.4M-162%

EPS (diluted)-$0.24-118%

Balance sheet

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Cash & equivalents$357.3M+827%

Total debt$591.0M—

Total equity$419.1M-36.6%

Total assets$1.1B—

Cash flow

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Operating cash flow-$64.7M-243%

CapEx$10.3M-76.2%

Free cash flow-$75.0M-20.6%

Valuation

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Market cap$3.99B—

Profitability

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Gross margin-7.9%-2.8pp

Operating margin-37.8%+2.0pp

Net margin-52%+24.6pp

FCF margin-259.9%+201pp

Returns & leverage

See full

Return on equity-6.1%-2.5pp

Debt / equity1.4×—

Current ratio9.6×—

Where this comes from

Reported directly by KEEL in its filing.

Tagged under the XBRL concept us-gaap:AssetsHeldInTrust.

The official record: KEEL’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is KEEL's balance in trust account?: KEEL (KEEL) reported balance in trust account of $14.05M in Q1 2026.
What does balance in trust account mean?: This represents assets held in a fiduciary capacity or restricted trust accounts for specific purposes, such as collateral or legal requirements. These assets are generally not available for immediate operational use by the company. It is a key indicator of restricted liquidity and potential future obligations.