American Drive Acquisition Company (ADACW)Washington, United States | NasdaqGM
0.37 USD
|
Hot Take ↕ | Oct. 10, 2026, 7:21 a.m. EDT
The security is effectively worthless and carries extreme risk of total loss. It is a shell company trading at its fifty-two-week low of $0.37, with a negative book value of -$0.35, indicating the assets on the balance sheet are insufficient to cover liabilities. The company recently closed a massive $230 million IPO, yet the current price remains stagnant at the floor, suggesting the market has already priced in a complete failure of the underlying business thesis or a dilution event that wiped out equity value. With zero trading volume, no price history to analyze trends, and no dividend payments, there is no capital preservation or growth potential. This is a speculative vehicle with no operational cash flow and a deteriorating fundamental structure. |
| Attribute | Value |
|---|---|
| Previous Name | American Dynamism Acquisition Company |
| Attribute | Value |
|---|---|
| Address1 | 1,050 Connecticut Avenue NW |
| Address2 | Suite 500 |
| Ask | 0.3752 |
| Ask Size | 1 |
| Bid | 0.69 |
| Bid Size | 1 |
| Book Value | -0.348 |
| City | Washington |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 0.37 |
| Current Ratio | 12.924 |
| Custom Price Alert Confidence | HIGH |
| Day High | 0.37 |
| Day Low | 0.37 |
| Ebitda Margins | 0.0 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Two Week High | 0.37 |
| Fifty Two Week High Change | 0.0 |
| Fifty Two Week High Change Percent | 0.0 |
| Fifty Two Week Low | 0.37 |
| Fifty Two Week Low Change | 0.0 |
| Fifty Two Week Low Change Percent | 0.0 |
| Fifty Two Week Range | 0.37 - 0.37 |
| Financial Currency | USD |
| Float Shares | 23,000,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | 0.0 |
| Fullday Change Percent | 0.0 |
| Fullday Price | 0.37 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.0 |
| Has Pre Post Market Data | 1 |
| Industry | |
| Industry Key | |
| Ipo Expected Date | 2,026-02-09 |
| Language | en-US |
| Long Business Summary | American Drive Acquisition Company focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities focusing defense, logistics, transportation, technology and AI sectors. The company was formerly known as American Dynamism Acquisition Company and changed its name to American Drive Acquisition Company in September 2025. American Drive Acquisition Company was incorporated in 2025 and is based in Washington, District Of Columbia. |
| Long Name | American Drive Acquisition Company |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1962709159 |
| Name Change Date | 2,026-10-12 |
| Net Income To Common | 189,400 |
| Open | 0.37 |
| Operating Cashflow | -184,136 |
| Operating Margins | 0.0 |
| Phone | 248 890 7200 |
| Prev Name | American Dynamism Acquisition Company |
| Previous Close | 0.37 |
| Price Hint | 4 |
| Price To Book | -1.0632185 |
| Profit Margins | 0.0 |
| Quick Ratio | 12.893 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | 0.0 |
| Regular Market Change Percent | 0.0 |
| Regular Market Day High | 0.37 |
| Regular Market Day Low | 0.37 |
| Regular Market Day Range | 0.37 - 0.37 |
| Regular Market Open | 0.37 |
| Regular Market Previous Close | 0.37 |
| Regular Market Price | 0.37 |
| Regular Market Time | 1,790,020,800 |
| Regular Market Volume | 55 |
| Sand P52 Week Change | 0.17383456 |
| Sector | |
| Sector Key | |
| Short Name | American Drive Acquisition Company Warrant |
| Source Interval | 15 |
| State | DC |
| Symbol | ADACW |
| Total Cash | 845,197 |
| Total Cash Per Share | 0.029 |
| Total Debt | 0 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Type Disp | Equity |
| Volume | 55 |
| Zip | 20,036 |