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Petit Monts LLC discloses 25.39% Class A stake in American Drive Acquisition (ADAC)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

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.

Positive

  • None.

Negative

  • None.





Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)






SCHEDULE 13G




Comment for Type of Reporting Person: (1) Represents 8,316,667 Class A ordinary shares, par value $0.0001 per share ("Class A Shares") acquirable in respect of (i) 5,650,000 Class B ordinary shares, par value $0.0001 per share ("Class B Shares"), convertible one-for-one into the Issuer's Class A Shares at the time of the Issuer's initial business combination; and (ii) 2,666,667 private placement warrants to acquire Class A Shares upon payment of $11.50 per share ("Private Placement Warrants"), commencing 30 days after completion of the Issuer's initial business combination. (2) Calculated based on (i) 23,000,000 Class A Shares outstanding as of January 30, 2026 as reported on the Issuer's Form 10-Q, filed on January 30, 2026 and (ii) 9,750,000 Class A Shares issuable in connection with the 5,750,000 Class B Shares and 4,000,000 Private Placement Warrants.


SCHEDULE 13G



Petit Monts LLC
Signature:/s/ Spencer Cercone, Attorney-in-Fact for Petit Monts LLC
Name/Title:Authorized Signatory
Date:02/13/2026

Comments accompanying signature: Exhibit 24.1 - Power of Attorney

FAQ

What stake does Petit Monts LLC report in American Drive Acquisition (ADAC)?

Petit Monts LLC reports beneficial ownership of 8,316,667 Class A ordinary shares of American Drive Acquisition Company. This holding represents 25.39% of the Class A share class, based on the issuer’s combination of currently outstanding and issuable shares described in the filing.

What type of securities make up Petit Monts LLC’s ADAC position?

The reported 8,316,667 shares are acquirable through a mix of Class B ordinary shares and private placement warrants. The warrants allow Petit Monts LLC to acquire Class A ordinary shares at an exercise price of $11.50 per share after the initial business combination.

How much voting and dispositive power does Petit Monts LLC have over ADAC shares?

Petit Monts LLC reports sole voting power and sole dispositive power over all 8,316,667 Class A ordinary shares reported. No shared voting or dispositive power is indicated, meaning decisions over these securities are controlled at the sponsor level rather than by outside parties.

What is Petit Monts LLC’s role in relation to American Drive Acquisition (ADAC)?

The filing states the reported securities are held directly by Petit Monts LLC, described as the sponsor. The sponsor is controlled by a board of managers that acts by majority vote, so no single manager has exclusive voting or dispositive control over the securities.

Is Petit Monts LLC filing as a passive investor in American Drive Acquisition (ADAC)?

Petit Monts LLC filed a Schedule 13G, which is typically used by investors who are not seeking to change or influence control. The statement also notes that filing it should not be construed as an admission of beneficial ownership beyond what is reported.
AMERICAN DRIVE ACQUISITION CO

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