What does payments for investment of cash in trust account mean?

Represents the allocation of IPO proceeds into a trust account, typically invested in short-term government securities. This is a critical indicator of the capital held in escrow to fund a future acquisition or provide redemption rights to shareholders.

American Drive Acquisition Company ADAC Payments For Investment Of Cash In Trust Account

Payments For Investment Of Cash In Trust Account at other companies

SBX

SilverBox Corp SBXE

$276M—

SVC

Stellar V Capital Corp. Class A Ordinary SharesSVCC

$151.05M—

FCR

FutureCrest Acquisition FCRS

$287.5M—

SVC

Stellar V Capital Corp. Class A Ordinary SharesSVCC

$151.05M—

SCP

Social Commerce Partners Corporation SCPQ

$100M—

ALD

Aldel Financial II Inc.ALDF

$2.13M-12.0%

Other financials

Income statement

See full

Operating income-$1.1M—

Net income$970.8K—

EPS (diluted)$0.03—

Balance sheet

See full

Cash & equivalents$994.2K—

Total equity-$9.3M—

Total assets$233.5M—

Cash flow

See full

Operating cash flow-$419.9K—

Valuation

See full

Market cap$288.08M+2.0%

Returns & leverage

See full

Current ratio1.2×—

Where this comes from

Reported directly by American Drive Acquisition Company in its filing.

Tagged under the XBRL concept adac:PaymentsForInvestmentOfCashInTrustAccount.

The official record: American Drive Acquisition Company ’s 10-K, filed March 31, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is American Drive Acquisition Company 's payments for investment of cash in trust account?: American Drive Acquisition Company (ADAC) reported payments for investment of cash in trust account of $230M in Q4 2025.
What does payments for investment of cash in trust account mean?: Represents the allocation of IPO proceeds into a trust account, typically invested in short-term government securities. This is a critical indicator of the capital held in escrow to fund a future acquisition or provide redemption rights to shareholders.