| Cash Flow | 2026-06-30 | 2026-03-31 | 2025-12-31 |
|---|---|---|---|
| Net income | 1,384,938 | 970,782 | 94,700 |
| Payment of general and administrative costs through promissory note - related party | - | - | 13,000 |
| Interest earned on marketable securities held in trust account | 2,055,776 | 2,024,440 | 229,221 |
| Prepaid expenses | -27,948 | 91,477 | 3,350 |
| Prepaid insurance | 0 | 67,838 | - |
| Long-term prepaid insurance | -16,959 | 48,325 | - |
| Due to sponsor | 0 | -1,869 | - |
| Accrued expenses | - | - | 32,803 |
| Accounts payable and accrued expenses | 476,961 | 843,287 | - |
| Net cash used in operating activities | -148,970 | -419,880 | -92,068 |
| Investment of cash in trust account | - | - | 230,000,000 |
| Net cash used in investing activities | - | - | -230,000,000 |
| Proceeds from sale of units, net of underwriting discounts paid | - | - | 226,000,000 |
| Proceeds from issuance of founder shares | - | - | 25,000 |
| Underwriters' reimbursement | - | - | -184,940 |
| Proceeds from sale of private placements warrants | - | - | 6,000,000 |
| Proceeds from promissory note - related party | - | - | 38,000 |
| Repayment of promissory note - related party | - | - | 102,356 |
| Payment of offering costs | - | - | 639,469 |
| Net cash provided by financing activities | - | - | 231,506,115 |
| Net change in cash | -148,970 | -419,880 | 1,414,047 |
| Cash - beginning of period | - | 1,414,047 | - |
| Cash - end of period | 845,197 | 994,167 | 1,414,047 |
American Drive Acquisition Co (ADACW)
American Drive Acquisition Co (ADACW)