What is ADAC's dilution risk score?

ADAC has a latest available DilutionScore record of 61/100, categorized as high dilution risk by the DilutionWatch scoring model. DilutionWatch displays SEC filing and dilution indicators for ADAC, including shelf registrations, ATM offerings, warrant exercises, PIPE deals, and reverse split signals when detected in source data.

What SEC filings does DilutionWatch track for ADAC?

DilutionWatch tracks 25 SEC filing types for ADAC including S-3 shelf registrations, 424B prospectuses (ATM offerings), S-1 registration statements, 8-K material events, warrant exercise notices, convertible note agreements, and Form 4 insider transactions. Alerts are delivered via email within minutes of a filing appearing on EDGAR.

How does stock dilution affect ADAC shareholders?

Stock dilution occurs when a company issues new shares, reducing the ownership percentage of existing shareholders. For ADAC, common dilution events include at-the-market (ATM) stock offerings, shelf registration drawdowns, warrant exercises, and convertible note conversions. Each event increases the share count and can pressure the stock price lower.

Is DilutionWatch free for ADAC tracking?

DilutionWatch provides a free tier that shows DilutionScores and basic filing history for ADAC. Premium plans ($19.95/month Basic, $39.95/month Premium) unlock real-time email alerts, the full Pulse™ feed, advanced dilution forecasts, and access to all 10,000+ tracked tickers.

ADAC Dilution Risk Score: 61/100 (HIGH)

Score Breakdown

📋 Offering Ability

💰 Cash Runway

📊 Float Risk

⚠️ Warrant Exposure

🔄 Convertible Debt

Dilution Forecast

⛈️

Warning

High probability of dilution event

model est. 48%

📜 Warrant Exercise model 60%

• Massive warrant overhang: 51% of shares outstanding

• Warrant risk score very high (90/100)

📉 Score Deterioration model 50%

• Score rose 20 points recently (worsening)

• Score in HIGH risk zone (61/100)

💰 Capital Raise model 15%

• Under 12 months cash (9mo)

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Market Data

Market Cap$232.07M

Shares Outstanding23.00M

Float23.00M

Cash$845.2K

DebtN/A

Short InterestN/A

Source-Backed Evidence Depth

This public preview uses stored DilutionWatch fields and linked SEC/market records only. Missing values are not estimated.

Field	Current Value	Basis
DilutionScore	61/100	DilutionWatch score record
Shares Outstanding	23.00M	Verified float table or market cache
Public Float	23.00M	Verified float table or market cache
Market Cap	$232.07M	Market data cache
Cash Runway	8.9 months	DilutionWatch score inputs
Shelf Capacity	None in current score inputs	SEC-derived dilution fields
ATM Capacity	None in current score inputs	SEC-derived dilution fields
Outstanding Warrants	11.67M	SEC-derived dilution fields

Recent source-backed SEC insight records available on this page: 4.

Recent SEC source mix: 3 1, 4 1, 8-K 1, XBRL 1.

The page does not infer future share issuance, financing probability, cash needs, management intent, or price impact when source fields are absent.

Institutional Holdings

QoQ: ↓ 79.5% shares (2026Q1 vs prior)

26 institutional holders · 4.77M shares

#1 MMCAP International Inc. SPC 1.00M shares

#2 LMR Partners LLP 500.0K shares

#3 BlueCrest Capital Management Ltd 500.0K shares

+ 17 more holders Sign up free to view →

Institutional holder totals are aggregated from ownership filings and may use a different share basis or reporting date than public float. They are not a reconciliation against tradeable float.

Short Interest

Short Interest6.0K

Days to Cover1.0

% of Float0.0%

FINRA data as of Sep 30, 2026

Recent SEC Activity

xbrl XBRL WARRANT 2026-08-14

8-K 8K EVENT 2026-02-06

3 FORM3 2026-02-06

4 INSIDER TRANSACTION 2026-02-06

Full SEC filing analysis available with free account →

Recent News

No recent news available for this ticker.

Factual ADAC Dilution Snapshot

American Drive Acquisition Company (ADAC) has a DilutionScore of 61/100, rated High dilution risk. Score date: October 13, 2026.

Stored outstanding warrants: 11.7M.
Recent SEC activity tracked for ADAC: xbrl on 2026-08-14; 8-K on 2026-02-06; 3 on 2026-02-06.

This automatically generated snapshot is assembled from stored DilutionWatch data fields and may contain data-source errors or omissions. It is not financial advice, not investment research, and not a recommendation. Do your own research and review the full disclaimer and terms of service.

DilutionScore History — Last 90 Days

ADAC's DilutionScore is currently 61/100 (High risk), with 2 score changes tracked over 89 days. The score improved from 41/100 (Medium risk).

Period	Score	Risk Level	Duration
Oct 13, 2026	61/100	HIGH	1 day
Sep 28 – Oct 12, 2026	41/100	MEDIUM	15 days
Jul 16 – Sep 27, 2026	32/100	MEDIUM	73 days

Score recalculated daily from SEC filings and market data. Sign up free for real-time score change alerts.

Track ADAC Dilution Risk in Real-Time

DilutionWatch monitors SEC filings 24/7 and alerts you the moment ADAC files a shelf registration, ATM offering, warrant notice, or convertible note. Free tier available — no credit card required.

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ADAC — American Drive Acquisition Company Dilution Risk Tracker