American Drive Acquisition Co. (Ticker: ADACU US) is a Cayman Islands-domiciled blank check company specializing in the acquisition of businesses within the American defense, logistics, transportation, technology, and AI sectors. American Drive Acquisition Co. listed on the NASDAQ on December 18, 2025, after pricing its IPO on December 17. The company offered 20 million units at a price of $10.00 per unit, raising $200 million (USD 200 million). Each unit in the offering reportedly consists of one share of common stock and one-third of one redeemable warrant.

The company has an estimated market capitalization of approximately USD 250 million. According to the prospectus, as a newly organized blank check company, the proceeds from the IPO are intended to be used to fund a future business combination. American Drive Acquisition Co. was founded in 2025 and currently reports no revenue or employees. The offering was managed by Cantor, who served as the sole manager for the transaction. The firm maintains its primary business address in Washington, D.C., while being incorporated as a Cayman Islands entity.