A
ADACW
American Drive Acquisition Company Warrant
$0.37
Current Price
1W
1M
3M
6M
1Y
All
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About American Drive Acquisition Company Warrant
ADACW is a warrant issued by American Drive Acquisition Company, a blank-check company (also called a SPAC). A SPAC raises money from investors, lists on the stock market, and then looks for a private business to merge with. A warrant is a contract that lets its holder buy one of the company's shares at a set price later, so it only has value if the share price rises above that price. The SPAC has no products or sales of its own.