Business Description

Overview American Drive Acquisition Company (the “Company”) is a blank check company incorporated on July 15, 2025, as a Cayman Islands exempted company for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination, which we refer to throughout this Annual Report as our “business combination” or “initial business combination,” with one or more businesses or entities, which we refer to throughout this Annual Report as a “target business” or “target businesses”. We may pursue an initial business combination in any business or industry but we expect to focus on a target in industries that complement our management team’s background, and to capitalize on the ability of our management team to identify and acquire a business, focusing on American companies in the defense, logistics, transportation, technology and AI sectors. We believe our team’s expertise in these sectors will provide us with a significant competitive advantage in sourcing and evaluating potential targets. We have generated no revenues to date and we do not expect that we will generate operating revenues until, at the earliest, we consummate our initial business combination. Our management team is continuously made aware of potential business opportunities, one or more of which we may desire to pursue for an initial business combination. On December 19, 2025, we consummated our initial public offering of 23,000,000 units, which included the full exercise of the underwriters’ over-allotment option at $10.00 per unit, each unit consisting of one Class A ordinary share and one-third of one redeemable warrant with each whole warrant entitling the holder thereof to purchase one Class A Ordinary Share for $11.50 per share, generating gross proceeds of $230,000,000. Simultaneously with the closing of the initial public offering, we consummated the sale of 4,000,000 private placement warrants, with each private placement warrant exercisable to purchase one Class A ordinary share at $11.50 per share, at a price of $1.50 per private placement warrant in a private placement (the “private placement”) to Sponsor and Cantor Fitzgerald & Co., generating gross proceeds of $6,000,000. Following the closings of the initial public offering and the private placement on December 19, 2025, an aggregate amount of $230,000,000 ($10.00 per unit) from the net proceeds of the sale of the public units, and a portion of the net proceeds from the sale of the private placement warrants, was placed in the trust account (the “Trust Account”) and held in demand deposit or cash accounts or invested only in U.S. government securities, within the meaning set forth in Section 2(a)(16) of the Investment Company Act, with a maturity of 185 days or less, or in any open-ended investment company that holds itself out as a money market fund investing solely in U.S. Treasuries and meeting certain conditions under Rule 2a-7 of the Investment Company Act, as determined by the Company, until the earlier of (i) the completion of a business combination and (ii) the distribution of the funds in the Trust Account to the Company’s shareholders Our Competitive Advantages Experienced Board of Directors: Justin Connor, has served as our Chairman since August 28, 2025. Mr. Connor is a business builder who currently serves as the president of Chef’s Table Projects. He started his first business, The Noble Vine, while studying at Georgetown University School of Foreign Service. A wine and spirits brokerage business, TNV grew out of Mr. Connor’s experience working in the wine department of a supermarket in Washington, DC. Managing wine collections around the world drove him to build Domaine (now Uovo), a large fine goods storage and logistics company. During his time building Domaine, Mr. Connor also launched multiple software products, including Bottlestock, to make storing collectibles more efficient and fun for millions of collectors. After Domaine, Mr. Connor was recruited to lead the Y Combinator backed logistics SaaS company Easypost. As the company’s President; Mr. Connor grew revenue, enabled AI development, and launched the organization’s first equity plan for all team members. Currently, Mr. Connor is the president of Chef’s Table Projects - where he is working with the creators of the Netflix series Chef’s Table to build the world’s largest culinary brand. Mr.…