Welcome to our dedicated page for AMERICAN DRIVE ACQUISITION CO SEC filings (Ticker: ADACU), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
American Drive Acquisition Company files reports with the U.S. Securities and Exchange Commission (SEC) as a blank check company listed on The Nasdaq Stock Market LLC. Its filings document key events such as the completion of its initial public offering, the structure of its units, Class A ordinary shares and redeemable warrants and the establishment of a U.S.-based trust account to hold IPO and private placement proceeds.
On its current reports on Form 8-K and Form 8-K/A, the company has described the consummation of its IPO, the sale of private placement warrants to its sponsor, Petit Monts LLC, and to Cantor Fitzgerald & Co., and the deposit of $230,000,000 into a trust account maintained by Continental Stock Transfer & Trust Company, acting as trustee. An amended Form 8-K was filed to correct an exhibit by adding a signature to the audit opinion of WithumSmith+Brown, PC, illustrating how the company updates its disclosures when necessary.
On this SEC filings page, users can access American Drive Acquisition Company’s public documents, including current reports that explain material events and capital structure details. Filings also identify the company’s incorporation in the Cayman Islands, its status as an emerging growth company and the trading symbols for its units (ADACU), Class A ordinary shares (ADAC) and redeemable warrants (ADACW) on Nasdaq.
Stock Titan enhances these filings with AI-powered summaries that highlight the main points of lengthy documents, helping readers understand the significance of items such as IPO completion, trust account arrangements and amendments to prior reports. Real-time updates from the SEC’s EDGAR system ensure that new filings appear promptly, while tools for viewing different filing types make it easier to follow American Drive Acquisition Company’s regulatory history as it advances toward a potential business combination.
Petit Monts LLC has filed a Schedule 13G reporting beneficial ownership of 8,316,667 Class A ordinary shares of American Drive Acquisition Company. This represents 25.39% of the Class A shares, based on the company’s outstanding and issuable share figures.
The position reflects shares acquirable through a combination of Class B ordinary shares and private placement warrants with a strike price of $11.50 per share. Petit Monts LLC reports sole voting and dispositive power over these securities, while a board of managers controls the sponsor by majority vote so no individual manager has sole control.
Adage Capital Management and its principals reported a 5.43% passive stake in American Drive Acquisition Co. They beneficially own 1,250,000 Class A ordinary shares, with shared voting and dispositive power and no sole authority over the stock.
The filing is on behalf of Adage Capital Management, L.P., and managing members Robert Atchinson and Phillip Gross, who report ownership through Adage Capital Partners, L.P. The percentage is based on 23,000,000 Class A shares outstanding after the company’s offering and full exercise of the underwriters’ over-allotment option.
American Drive Acquisition Company, a newly formed SPAC, filed its first quarterly report covering inception on July 15, 2025 through September 30, 2025. The company reported a net loss of $31,329, driven by general and administrative costs, and ended the period with $1,873 in cash and a working capital deficit of $129,065.
Subsequently, on December 19, 2025, it completed an IPO of 23,000,000 units at $10.00 each, placing $230,000,000 into a trust account and issuing 4,000,000 private placement warrants for $6,000,000. Total transaction costs were $14,382,754. The SPAC now has funds to pursue a business combination focused on U.S. defense, logistics, transportation, technology and AI sectors within a 24‑month completion window.
American Drive Acquisition Company filed an amended current report to correct its earlier disclosure by adding an audit opinion signature to an exhibit. The filing also confirms that on December 19, 2025, the company completed its initial public offering of 23,000,000 units, each consisting of one Class A ordinary share and one-third of a redeemable warrant, at $10.00 per unit, for gross proceeds of $230,000,000. At the same time, it sold 4,000,000 private placement warrants at $1.50 per warrant to its sponsor and Cantor Fitzgerald & Co., generating an additional $6,000,000. A total of $230,000,000 from these transactions was deposited into a U.S.-based trust account, and an audited balance sheet as of December 19, 2025 has been issued as an exhibit.