American Dynamism Acquisition Co. operates as a special purpose acquisition company (SPAC). Its primary objective is to pursue and complete a business ...
American Drive Acquisition Company (ADAC) is a blank check company, also known as a special purpose acquisition company (SPAC), incorporated in the Cayman Islands on July 15, 2025. The company was formed with the primary objective of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar ...American Drive Acquisition Company (ADAC) is a blank check company, also known as a special purpose acquisition company (SPAC), incorporated in the Cayman Islands on July 15, 2025. The company was formed with the primary objective of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. As a SPAC, ADAC has no operations and is solely focused on identifying and acquiring a target company. It raised approximately $230 million through its initial public offering (IPO), which closed in late 2025, by selling units consisting of Class A ordinary shares and warrants. The company is led by CEO Anthony D. Eisenberg and maintains its headquarters at 1050 Connecticut Avenue NW, Suite 500, Washington, DC. Since its inception, ADAC has incurred expenses related to its IPO and ongoing operations, resulting in a net loss. As of the latest financial reports, the company has zero full-time employees, as it is managed by its sponsors and executive team. Its financials show no revenue, as expected for a SPAC, and it holds funds in a trust account. The company's stock trades on NASDAQ under the symbol ADAC, and its units trade under ADACU. The company plans to use the funds from its IPO and any additional financing (such as convertible notes or forward purchase agreements) to complete a business combination. Key personnel include its CEO and other directors, but specific details are not fully disclosed. The company faces risks typical of SPACs, including the inability to find a suitable target and potential liquidation if a merger is not completed within a specified timeframe. Despite these challenges, ADAC aims to leverage its management team's expertise to identify a promising high-growth company in the automotive or mobility sector, as suggested by its name. As of the most recent data, the company's market capitalization is approximately $231.8 million, with a stock price of $10.08. The company has an enterprise value of around $230.8 million and a cash position of approximately $1.0 million outside the trust. The trust account itself holds the majority of the IPO proceeds, which earn interest. ADAC also has issued warrants, which are tradable separately, and its founder shares are subject to certain lock-up and forfeiture provisions. The company's financial health is typical for a SPAC, with minimal assets and liabilities, but its future depends on the successful completion of a business combination.
Founded
2025
Employees
0
CEO
Anthony D. Eisenberg
Full Name
American Drive Acquisition Company Class A Ordinary Shares
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$0
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Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$94700
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+14.1%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
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Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
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Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
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Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$-92070
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-541.5%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
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Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
0.0%
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Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
12.92x
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-43.6%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.
