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American Drive Acquisition Filed Terms, Nasdaq: ADACU

Blank check company targeting the defense, logistics, technology, and AI sectors.

Industry: SPAC

Latest Trade: ()

First Day Return:

Return from IPO:

Industry: SPAC

While we may pursue an initial business combination in any business or industry, we expect to focus on a target in industries that complement our management team’s background, and to capitalize on the ability of our management team to identify and acquire a business, focusing on American companies in the defense, logistics, transportation, technology and AI sectors. Our business strategy is to identify and consummate a business combination that delivers long-term value to our shareholders. We believe our management team’s extensive network and deep relationships across numerous industries will provide access to a broad range of high-quality opportunities and enhance our ability to evaluate and execute transactions. Our team has substantial experience across diverse business models, geographies, and market cycles, positioning us to be an attractive and credible partner for potential targets. We further believe that our collective expertise, combined with our industry relationships, will help the post-combination company succeed and create sustainable value in the public markets. We will focus on companies demonstrating sustainable growth trajectories and benefiting from the tailwinds of increasing global technological adoption. e apply disciplined financial, operational, and strategic analysis to identify targets that meet our criteria.
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IPO Data
IPO File Date 09/30/2025
Offer Price
Price Range $10.00 - $10.00
Offer Shares (mm) 20.0
Deal Size ($mm) $200
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date
Offer Price
Price Range $10.00 - $10.00
Offer Shares (mm) 20.0
Deal Size ($mm) $200
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Cantor Fitzgerald
Company Data
Headquarters Washington, DC, United States
Founded 2025
Employees at IPO 2

American Drive Acquisition (ADACU) Performance