American Drive Acquisition Co

American Drive Acquisition Company is a blank check company incorporated on July 15, 2025, in the Cayman Islands. Its purpose is to complete a business combination, such as a merger, acquisition, or reorganization, with one or more target businesses. The company may pursue an initial business combination in any industry, but it expects to focus on American companies in the defense, logistics, transportation, technology, and AI sectors. The company has not generated any revenues to date and does not expect to generate operating revenues until it completes its initial business combination. On December 19, 2025, American Drive Acquisition Company completed its initial public offering of 23,000,000 units, including the full exercise of the underwriters' over-allotment option. Each unit was priced at $10.00 and consisted of one Class A ordinary share and one-third of one redeemable warrant. Each whole warrant entitles the holder to purchase one Class A Ordinary Share for $11.50 per share. This offering generated gross proceeds of $230,000,000. Concurrently, the company sold 4,000,000 private placement warrants to Sponsor and Cantor Fitzgerald & Co. at $1.50 per warrant, generating gross proceeds of $6,000,000. Each private placement warrant is exercisable to purchase one Class A ordinary share at $11.50 per share.