---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-000809"
form_type: "8-K/A"
ticker: "ADAC"
cik: "0002083002"
company_name: "American Drive Acquisition Co"
filed_at: "2026-01-06T23:59:59+00:00"
generated_at: "2026-05-16T11:35:04.782073+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# American Drive Acquisition completes $230M IPO; trust funded with $230M

## Summary
- IPO of 23M units at $10/unit raised $230M gross; full over-allotment exercised.
- Private placement of 4M warrants at $1.50 to sponsor and Cantor raised $6M gross.
- Trust account funded with $230M; audited balance sheet shows $231.7M total assets.
- Transaction costs $14.4M; working capital outside trust $1.33M as of IPO date.
- Company has 24 months to complete business combination; focus on defense, logistics, technology.

## SEC filing metadata
- accession: 0001104659-26-000809
- form_type: 8-K/A
- ticker: ADAC
- cik: 0002083002
- company_name: American Drive Acquisition Co
- filed_at: 2026-01-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2083002/000110465926000809/0001104659-26-000809-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2083002/000110465926000809/tm261897d1_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-000809
- JSON: https://secwatch.observer/filing/0001104659-26-000809.json
- Plain text: https://secwatch.observer/filing/0001104659-26-000809.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.