American Drive Acquisition (ADACW) Stock: Why It's Down Today
Updated Oct 21, 2026, 4:00 PM ET · closing price
- Latest session (Wed Oct 21): $0.25, −$0.12 (-32.38%), volume 324x its 50-day average.
Sector peers moving today (SPACs & Blank Checks):ATII +36.82%DNMX -0.30%SVIV -0.20%VHCP -0.20%KOYN +0.20%
- Closed at $0.25, -32.38% vs the prior close of $0.37.
- Volume 1.94K shares, 324.0x its 50-day average (heavy).
- No new SEC filings since the prior session.
- No new insider buys or sales reported since the prior session.
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ADACW slides 32.4% to $0.25 on 324.0x normal volume. Closed at $0.25, -32.38% vs the prior close of $0.37. Day range $0.25–$0.25, opened at $0.25.
Why Did ADACW Stock Move Today?
A plain-English, data-only note for every US trading day (today's note updates every 2 hours while the market is open). Newest first; older days stay archived below.
Oct 21, 2026 — ADACW slides 32.4% to $0.25 on 324.0x normal volume
- Closed at $0.25, -32.38% vs the prior close of $0.37. Day range $0.25–$0.25, opened at $0.25.
- Volume was 1.94K shares, 324.0x its 50-day average of 6 — unusually heavy trading.
- 52-week range $0.25–$0.37; today's close sits at 0% of that range, 32.4% below the 52-week high.
ADACW bull case vs bear case (from the data)
- No clear positive signal in the price trend, filings or insider data right now.
- High volatility: average daily move of 32.4% over 20 sessions.
- Thin trading (under $2M a day on average) can mean wide bid/ask spreads.
Latest ADACW SEC 8-K & 10-Q Filings
Every SEC filing by or about ADACW in the last 120 days, explained in plain English. Updated daily, with a same-day refresh for new filings.
Aug 14, 2026 · Form 10-Q — Quarterly report
Quarterly report (unaudited financial statements for the quarter)
Quarter ended Jun 30, 2026:
- Net income: $1.38M
Things to know before you trade ADACW
- How much it moves: over the last 20 sessions the average daily move was 32.38% (largest 32.4%). That is a volatile stock.
- Liquidity: about 975 shares (≈$244) trade per day on average. Thin volume can mean wider bid/ask spreads.
- 52-week position: $0.25 vs a range of $0.25–$0.37 (0% of the range).
- Dividends: no cash dividends in the last 2 years.
- Splits: none in the last 2 years.
- Insider trades (Form 4, last 12 months, recent 25 shown): 0 open-market buys, 0 sales.
- Latest filings: 10-Q Aug 14, 2026; 10-Q May 15, 2026; 10-K Mar 31, 2026.
- Listing: Nasdaq · industry: Blank Checks.
ADACW market data (last 20 sessions)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Oct 21, 2026 | 0.25 | 0.25 | 0.25 | 0.25 | 1.94K |
| Sep 21, 2026 | 0.37 | 0.37 | 0.37 | 0.37 | 6 |
About American Drive Acquisition
American Drive Acquisition (ADACW) is listed on the Nasdaq and classified by the SEC under “Blank Checks”. Its business address is in WASHINGTON, D.C., DC. State of incorporation: Cayman Islands. Fiscal year ends December 31. SEC CIK 2083002.
ADACW board of directors & executives
From SEC Form 3/4/5 insider filings made in the last 12 months (date = latest filing).
Directors
| Name | Role | Latest filing |
|---|---|---|
| Justin Connor | Chairman | Dec 17, 2025 |
| Bryan Dove | Director | Dec 17, 2025 |
| Anthony D. Eisenberg | Chief Executive Officer | Dec 17, 2025 |
| Ron R Goldie | Director | Dec 17, 2025 |
| Nitin Kumar | Director | Feb 6, 2026 |
| Theo Osborne | Director | Dec 17, 2025 |
Executive officers
| Name | Title | Latest filing |
|---|---|---|
| Justin Connor | Chairman | Dec 17, 2025 |
| Jason Chryssicas | Chief Financial Officer | Dec 17, 2025 |
| Anthony D. Eisenberg | Chief Executive Officer | Dec 17, 2025 |
Recent insider buys & sales
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| No open-market insider buys or sales reported in the last 12 months. | ||||
ADACW financials (annual, from XBRL filings)
| Fiscal year end | Revenue | Net income | Diluted EPS | Operating cash flow |
|---|---|---|---|---|
| No annual XBRL figures available (foreign filers often report on Form 20-F). | ||||
Latest balance sheet: total assets $235.32M, total liabilities $11.23M, cash $— (as of Jun 30, 2026).
ADACW earnings / results-day log
| Date | Filing | Close that day |
|---|---|---|
| No 8-K earnings releases in recent filings. | ||
Related stocks · Blank Checks
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Information only, not investment advice. BuyMeWhiskey is not a registered investment adviser or broker-dealer; nothing here is a recommendation to buy, sell or hold any security, and there are no price targets. Data comes from SEC EDGAR filings and public end-of-day market data and may be delayed or contain errors. Verify with the company's filings before making decisions. Prices: end-of-day data as of Oct 21, 2026, 4:00 PM ET. Filings: SEC EDGAR. Refreshed every 2 hours during US market hours.