American Drive Acquisition Company has announced the pricing of its initial public offering, offering 20 million units at $10.00 per unit. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant, with each whole warrant allowing the purchase of one Class A ordinary share at $11.50 per share. The units are expected to be listed on the Nasdaq Global Market under the ticker symbol "ADACU," with the Class A shares and warrants to trade separately as "ADAC" and "ADACW," respectively. Cantor Fitzgerald & Co. is acting as sole book-running manager for the offering.

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