American Drive Acquisition Company ADAC Deferred Offering Costs Paid Through Related Party Promissory Note
Deferred Offering Costs Paid Through Related Party Promissory Note at other companies
Other financials
Where this comes from
Reported directly by American Drive Acquisition Company in its filing.
Tagged under the XBRL concept adac:DeferredOfferingCostsPaidThroughRelatedPartyPromissoryNote.
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 deferred offering costs paid through related party promissory note?
- American Drive Acquisition Company (ADAC) reported deferred offering costs paid through related party promissory note of $53.23K in Q4 2025.
- What does deferred offering costs paid through related party promissory note mean?
- This captures the value of offering-related expenses that have been settled or financed through a promissory note issued to a related party, such as the sponsor or management team. It indicates the extent to which the company relies on internal funding sources to cover initial operational and transaction costs before a business combination. This metric is critical for assessing the company's reliance on its sponsors for working capital.