What does assets held in trust noncurrent mean?

Represents the capital raised during an initial public offering that is held in a restricted trust account to be used for a future business combination. This is the primary asset base for a SPAC, signaling the capacity to execute an acquisition.

Safeguard Acquisition SAC Assets Held In Trust Noncurrent

Assets Held In Trust Noncurrent at other companies

TLN

Talon Capital Corp. Class A Ordinary SharesTLNC

$254.33M—

JAC

Jackson Acquisition Company IIJACS

$244.68M+4.0%

ENH

Enhanced Group Inc. Class AENHA

$205.11M—

Montana Technologies CorporationAIRJ

$263.51M-22.7%

FCR

FutureCrest Acquisition FCRS

$292.86M—

ATI

Archimedes Tech SPAC Partners II Co. Ordinary SharesATII

$242M+4.1%

Other financials

Income statement

See full

Operating income-$280.5K—

Net income$1.8M—

EPS (diluted)$0.06—

Balance sheet

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Cash & equivalents$1.4M—

Total equity-$7.8M—

Total assets$234.1M—

Cash flow

See full

Operating cash flow-$229.5K—

Valuation

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Market cap$314.29M+0.9%

Returns & leverage

See full

Current ratio10.9×—

Where this comes from

Reported directly by Safeguard Acquisition in its filing.

Tagged under the XBRL concept us-gaap:AssetsHeldInTrustNoncurrent.

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

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Questions, answered.

What is Safeguard Acquisition 's assets held in trust noncurrent?: Safeguard Acquisition (SAC) reported assets held in trust noncurrent of $232.58M in Q1 2026.
What does assets held in trust noncurrent mean?: Represents the capital raised during an initial public offering that is held in a restricted trust account to be used for a future business combination. This is the primary asset base for a SPAC, signaling the capacity to execute an acquisition.