American Drive Acquisition Co-A 2026年季度报告

FORM10-Q 98-1873976 (248) 890-7200(Issuer’s telephone number) Securities registered pursuant to Section12(b)of the Act: Title of each class Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d)of the SecuritiesExchange Act of 1934 during the preceding 12months (or for such shorter period that the registrant was required to file suchreports), and (2)has been subject to such filing requirements for the past 90days. Yes☐No☒ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule405 of Regulation S-T (§232.405 of this chapter) during the preceding 12months (or for such shorter period thatthe registrant was required to submit such files). Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section13(a)of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act). Yes☒No☐ As of January30, 2026, there were 23,000,000 ClassA ordinary shares, $0.0001 par value and 5,750,000 ClassB ordinary shares,$0.0001 par value, issued and outstanding. AMERICAN DRIVE ACQUISITION COMPANYFORM10-Q FOR THE QUARTER ENDED SEPTEMBER30, 2025TABLE OF CONTENTS PartI. Financial InformationItem1. Interim Financial Statements1Condensed Balance Sheet as of September30, 2025 (Unaudited)1Condensed Statement of Operations for the period from July15, 2025 (Inception) throughSeptember30, 2025 (Unaudited)2Condensed Statement of Changes in Shareholders’ Deficit for the period from July15, 2025 (Inception)through September30, 2025 (Unaudited)3Condensed Statement of Cash Flows for the period from July15, 2025 (Inception) throughSeptember30, 2025 (Unaudited)4Notesto Condensed Financial Statements (Unaudited)5Item2. Management’s Discussion and Analysis of Financial Condition and Results of Operations19Item3. Quantitative and Qualitative Disclosures About Market Risk21Item4. Controls and Procedures21PartII. Other Information22Item1. Legal Proceedings22Item1A. Risk Factors22Item2. Unregistered Sales of Equity Securities and Use of Proceeds22Item3. Defaults Upon Senior Securities22Item4. Mine Safety Disclosures22Item5. Other Information22Item6. Exhibits23PartIII. Signatures24 PARTI- FINANCIAL INFORMATION AMERICAN DRIVE ACQUISITION COMPANYCONDENSED BALANCE SHEETSEPTEMBER30, 2025(UNAUDITED) (1)Includes up to 750,000 Class B ordinary shares subject to forfeiture if the over-allotment option was not exercisedin full or in part by the underwriters. On December 19, 2025, the underwriters exercised their over-allotmentoption in full as part of the closing of the Initial Public Offering. As such, the 750,000 founder shares are nolonger subject to forfeiture (Note 7). The accompanying notes are an integral part of the unaudited condensed financial statements. AMERICAN DRIVE ACQUISITION COMPANYCONDENSED STATEMENT OF OPERATIONSFOR THE PERIOD FROM JULY15, 2025 (INCEPTION) THROUGH SEPTEMBER30, 2025(UNAUDITED) General and administrative costs$31,329Loss from operations(31,329)Net loss$(31,329)Basic and diluted weighted average Class B ordinary shares outstanding(1)5,000,000Basic and diluted net loss per Class B ordinary share$(0.01) (1)Excludes up to 750,000 Class B ordinary shares subject to forfeiture if the over-allotment option was not exercisedin full or in part by the underwriters. On December 19, 2025, the underwriters exercised their over-allotmentoption in full as part of the closing of the Initial Public Offering. As such, the 750,000 founder shares are nolonger subject to forfeiture (Note 7). The accompanying notes are an integral part of the unaudited condensed financial statements. AMERICAN DRIVE ACQUISITION COMPANYCONDENSED STATEMENT OF CHANGES IN SHAREHOLDERS’ DEFICITFOR THE PERIOD FROM JULY15, 2025 (INCEPTION) THROUGH SEPTEMBER30, 2025(UNAUDITED) (1)Includes up to 750,000 Class B ordinary shares subject to forfeiture if the over-allotment option was not exercisedin full or in part by the underwriters. On December 19, 2025, the underwriters exercised their over-allotmentoption in full as part of the closing of the Initial Public Offering. As such, the 750,000 founder shares are nolonger subject to forfeiture (Note 7). The accompanying notes are an integral part of the unaudited condensed financial statements. AMERICAN DRIVE ACQUISITION COMPANYCONDENSED STATEMENT OF CASH FLOWSFOR THE PERIOD FROM JULY15, 2025 (INC