What does assets held in trust noncurrent mean?

Refers to assets held in a restricted trust account that are not available for immediate operational use. For a SPAC or acquisition vehicle, this typically represents the proceeds from an initial public offering held to fund a future business combination. It serves as a primary indicator of the capital available for potential acquisitions.

New America Acquisition I NWAX Assets Held In Trust Noncurrent

Assets Held In Trust Noncurrent at other companies

GigCapital8 Corp. GIW

$257.52M—

FCR

FutureCrest Acquisition FCRS

$292.86M—

ENH

Enhanced Group Inc. Class AENHA

$205.11M—

Republic Digital Acquisition Company Class A Ordinary SharesRDAG

$310.76M—

SBX

SilverBox Corp SBXE

$279.16M—

KRAKacquisition KRAQ

——

Other financials

Income statement

See full

Operating income-$312.0K—

Net income$2.1M—

EPS (diluted)$0.04—

Balance sheet

See full

Cash & equivalents$855.5K—

Total equity$578.9K—

Total assets$350.4M—

Cash flow

See full

Operating cash flow-$88.6K—

Valuation

See full

Market cap$504.43M-0.5%

Returns & leverage

See full

Current ratio1.3×—

Where this comes from

Reported directly by New America Acquisition I in its filing.

Tagged under the XBRL concept us-gaap:AssetsHeldInTrustNoncurrent.

The official record: New America Acquisition I ’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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What is New America Acquisition I 's assets held in trust noncurrent?: New America Acquisition I (NWAX) reported assets held in trust noncurrent of $348.92M in Q1 2026.
What does assets held in trust noncurrent mean?: Refers to assets held in a restricted trust account that are not available for immediate operational use. For a SPAC or acquisition vehicle, this typically represents the proceeds from an initial public offering held to fund a future business combination. It serves as a primary indicator of the capital available for potential acquisitions.