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American Drive Acquisition Co

American Drive Acquisition Co (ADAC) is a blank-check company (SPAC) that raised $200M in its initial public offering on Dec 19, 2025, listing on Nasdaq Global Market. It has not announced a definitive business combination agreement. American Drive Acquisition Company led the IPO. Greenberg Traurig advised the SPAC and Ellenoff Grossman & Schole advised the underwriters on the IPO.

Status
Searching for a target
Ticker
ADAC
IPO date
Dec 19, 2025
IPO size
$200M
IPO exchange
Nasdaq Global Market
IPO underwriters
American Drive Acquisition Company
SPAC counsel (IPO)
Greenberg Traurig and Appleby
Underwriters' counsel (IPO)
Ellenoff Grossman & Schole

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