Safeguard Acquisition FY26 Q2 net income rises to $1.85 million
SAC•Cash flow and trust investments
Cash used in operating activities was $495,693 for the six months, while trust investments earned 3.6% to 3.7% annually; no working capital loans were outstanding.
Quarterly and six-month results
Safeguard Acquisition posted net income of $1.85 million for the quarter ended June 30, 2026, driven by $2.08 million of trust interest.
Net income totaled $3.63 million for the six months ended June 30, 2026, reflecting $4.14 million of interest income.
Operating and administrative costs
Third-party operating and administrative costs were $115,373 for the quarter and $258,380 for the six-month period.
Related-party operating and administrative costs were $112,500 for the quarter and $250,000 for the six-month period.
