Overview
- TickerDMAA on Nasdaq1
- IndustryBlank Checks1
- HeadquartersNew York, New York1
- Business address420 Lexington Avenue, Suite 1402, New York, Ny 101702
- Filer category, Emerging growth company2
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Agreement”) with Titan Advisory Services LLC for the provision of such principal financial and accounting officer services by Mr.3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Financial statements
Every line of the income statement as filed: the last 1 fiscal year, latest first.4
| Period ending | 2025-12-31 |
|---|---|
| General and administrative costs | $2.8M |
| Loss from operations | -$2.8M |
| Interest earned on cash and investments held in Trust Account | $8.8M |
| Total other income | $8.8M |
| NET INCOME (LOSS) | $5.9M |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 2 fiscal years (annual) or 2 quarters (quarterly), latest first.4
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Cash | $6.1K | $1.4K |
| Prepaid expenses and other current assets | $6.1K | $3.6K |
| Total current assets | $12.2K | $5.0K |
| Cash and investments held in Trust Account | $239.9M | |
| Deferred offering costs | $545.8K | |
| Total non-current assets | $239.9M | $545.8K |
| TOTAL ASSETS | $239.9M | $550.8K |
| Accounts payable and accrued expenses | $222.2K | $77.3K |
| Accrued offering costs | $154.0K | $56.1K |
| Total current liabilities | $376.2K | $795.7K |
| Deferred underwriting fee payable | $6.9M | |
| Total non-current liabilities | $6.9M | |
| Total Liabilities | $7.3M | $795.7K |
| Ordinary shares subject to possible redemption, 23,000,000 shares at redemption value of $10.43 and $0 per share as of December 31, 2025 and 2024, respectively | $239.9M | |
| Ordinary shares, $0.0001 par value; 220,000,000 shares authorized; 10,717,143 and 9,857,143 shares issued and outstanding, excluding 23,000,000 and 0 shares subject to redemption as of December 31, 2025 and 2024, respectively(1) | $1.1K | $986 |
| Additional paid-in capital | $34.0K | |
| Accumulated deficit | -$7.3M | -$279.8K |
| Total Shareholders Deficit | -$7.3M | -$244.8K |
| TOTAL LIABILITIES, ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION AND SHAREHOLDERS DEFICIT | $239.9M | $550.8K |
| Ordinary shares subject to possible redemption, shares (in Shares) | 23.0M shares | 0 shares |
| Ordinary shares subject to possible redemption, shares (in Dollars per share) | $10.43 | $0.00 |
| Preference shares, par value (in Dollars per share) | $0.00 | $0.00 |
| Preference shares, authorized (in Shares) | 1.0M shares | 1.0M shares |
| Ordinary shares, par value (in Dollars per share) | $0.00 | $0.00 |
| Ordinary shares, authorized (in Shares) | 220.0M shares | 220.0M shares |
| Ordinary shares, shares issued (in Shares) | 10.7M shares | 9.9M shares |
| Ordinary shares, outstanding (in Shares) | 10.7M shares | 9.9M shares |
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Cash | $6.1K | $1.4K |
| Prepaid expenses and other current assets | $6.1K | $3.6K |
| Total current assets | $12.2K | $5.0K |
| Cash and investments held in Trust Account | $239.9M | |
| Deferred offering costs | $545.8K | |
| Total non-current assets | $239.9M | $545.8K |
| TOTAL ASSETS | $239.9M | $550.8K |
| Accounts payable and accrued expenses | $222.2K | $77.3K |
| Accrued offering costs | $154.0K | $56.1K |
| Total current liabilities | $376.2K | $795.7K |
| Deferred underwriting fee payable | $6.9M | |
| Total non-current liabilities | $6.9M | |
| Total Liabilities | $7.3M | $795.7K |
| Ordinary shares subject to possible redemption, 23,000,000 shares at redemption value of $10.43 and $0 per share as of December 31, 2025 and 2024, respectively | $239.9M | |
| Ordinary shares, $0.0001 par value; 220,000,000 shares authorized; 10,717,143 and 9,857,143 shares issued and outstanding, excluding 23,000,000 and 0 shares subject to redemption as of December 31, 2025 and 2024, respectively(1) | $1.1K | $986 |
| Additional paid-in capital | $34.0K | |
| Accumulated deficit | -$7.3M | -$279.8K |
| Total Shareholders Deficit | -$7.3M | -$244.8K |
| TOTAL LIABILITIES, ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION AND SHAREHOLDERS DEFICIT | $239.9M | $550.8K |
| Ordinary shares subject to possible redemption, shares (in Shares) | 23.0M shares | 0 shares |
| Ordinary shares subject to possible redemption, shares (in Dollars per share) | $10.43 | $0.00 |
| Preference shares, par value (in Dollars per share) | $0.00 | $0.00 |
| Preference shares, authorized (in Shares) | 1.0M shares | 1.0M shares |
| Ordinary shares, par value (in Dollars per share) | $0.00 | $0.00 |
| Ordinary shares, authorized (in Shares) | 220.0M shares | 220.0M shares |
| Ordinary shares, shares issued (in Shares) | 10.7M shares | 9.9M shares |
| Ordinary shares, outstanding (in Shares) | 10.7M shares | 9.9M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 1 fiscal year, latest first.4
| Period ending | 2025-12-31 |
|---|---|
| Net income (loss) | $5.9M |
| Payment of operating costs through promissory note | $142.0K |
| Share issuance expense | $2.0M |
| Interest earned on cash and investments held in Trust Account | -$8.8M |
| Prepaid expenses | -$6.1K |
| Accounts payable and accrued expenses | $144.9K |
| Net cash used in operating activities | -$539.2K |
| Investment of cash into Trust Account | -$231.2M |
| Net cash used in investing activities | -$231.2M |
| Proceeds from sale of Units, net of underwriting discounts paid | $228.8M |
| Proceeds from sale of Private Placement Units | $3.2M |
| Expenses paid by Sponsor under share subscription receivable | $540.8K |
| Repayment of promissory note - related party | -$900.0K |
| Payment of offering costs | $3.2K |
| Net cash provided by financing activities | $231.7M |
| Net Change in Cash | $4.8K |
| Share subscription receivable | $1.1M |
| Offering costs included in equity | $848.2K |
| Offering costs included in accrued offering costs | $94.5K |
| Deferred offering costs paid through promissory note related party | $204.0K |
| Accretion and remeasurement of redeemable ordinary shares to redemption value | $22.1M |
| Deferred underwriting fee payable | $6.9M |
| Offering costs paid via prepaid expense | $3.6K |
No quarter-by-quarter statement was filed.
Compare Drugs Made In America Acquisition Corp. with another company
Corporate structure
Drugs Made In America Acquisition Corp. sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Drugs Made In America Acquisition Corp.
- First Trust Capital Management L.P. Filed SCHEDULE 13G/A on Drugs Made In America Acquisition Corp., latest Aug 14, 2026 (2 filings since May 15, 2025)
- Karpus Management, Inc. Filed SCHEDULE 13G/A on Drugs Made In America Acquisition Corp., latest Aug 14, 2026 (3 filings since May 14, 2025)
- GLAZER CAPITAL, LLC Filed SCHEDULE 13G/A on Drugs Made In America Acquisition Corp., latest Aug 13, 2026 (2 filings since May 15, 2025)
- Mizuho Financial Group Filed SCHEDULE 13G/A on Drugs Made In America Acquisition Corp., latest Aug 13, 2026 (2 filings since May 14, 2026)
- Feis Equities LLC Filed SCHEDULE 13G on Drugs Made In America Acquisition Corp., latest Jun 26, 2026
- Hudson Bay Capital Management LP Filed SCHEDULE 13G/A on Drugs Made In America Acquisition Corp., latest Nov 12, 2025 (2 filings since May 14, 2025)
- Polar Asset Management Partners Inc. Filed SCHEDULE 13G on Drugs Made In America Acquisition Corp., latest May 15, 2025
- Drugs Made In America Acquisition LLC Filed SCHEDULE 13D on Drugs Made In America Acquisition Corp., latest Mar 3, 2025
- Drugs Made In America Acquisition Corp. New York, New York
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Drugs Made In America Acquisition Corp. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Properties, in its own words
We do not own any real estate or other physical properties materially important to our operations. Our principal executive offices were previously located at 1 East Broward Boulevard, Suite 700, Fort Lauderdale, FL 33301. The cost for this space is included in the $10,000 per month fee that we will pay to our sponsor or an affiliate for office space, administrative and support services. We have ceased making the $10,000 per month fee as the agreement has been cancelled in March 2026. Our current principal executive offices are located at 420 Lexington Avenue, Suite 1402, New York, NY 10170. We consider our current office space adequate for our current operations.
Item 2 of the 10-K filed Apr 15, 2026.3
Leadership
Who has led Drugs Made In America Acquisition Corp., and when. Pick a name to see everywhere that person has worked.
- Chief executive officerLynn Stockwell Feb 4, 2025 to Feb 18, 20257
- ChairLynn Stockwell Feb 18, 2025 to Feb 18, 20258
- Chief financial officerGlenn C. Worman Jan 10, 2025 to Feb 3, 20259
Board members and other officers (5)
- OfficerLynn Stockwell Jan 10, 2025 to Jan 10, 202510
- Board memberCatherine Do Jan 10, 2025 to Feb 3, 202511
- Board memberLynn Stockwell Jan 10, 2025 to Feb 4, 202510
- Board memberMyron W. Shulgan Jan 10, 2025 to Feb 3, 202512
- Board memberSridhar G. Prasad Jan 10, 2025 to Feb 3, 202513
Timeline
- Sep 14, 20268-K Entered a material agreement14
- Jul 20, 20268-K Entered a material agreement15
- May 5, 20268-K Entered a material agreement16
- May 1, 20268-K Bylaws or fiscal year changed; Shareholder vote; Other events17
- Apr 28, 20268-K Entered a material agreement18
- Apr 8, 20268-K Other events19
- Mar 27, 20268-K Entered a material agreement; New debt or obligation; Other events20
- Mar 6, 20268-K Executive or director change21
- Mar 6, 20268-K Other events22
- Nov 18, 20258-K Executive or director change23
- Feb 25, 20258-K Unregistered sale of shares; Other events24
- Feb 24, 20258-K Other events25
- Feb 4, 2025New chief executive Lynn Stockwell becomes CEO7
Filings
78 filings to the SEC since October 2021: 2 annual reports, 5 quarterly reports, 14 major events, 14 insider forms, 14 large holders, 29 other. The latest 20:
- Sep 14, 2026425 CURRENT REPORT EDGAR
- Sep 14, 20268-K CURRENT REPORT EDGAR
- Aug 14, 2026SCHEDULE 13G/A EDGAR
- Aug 14, 202610-Q QUARTERLY REPORT EDGAR
- Aug 14, 2026SCHEDULE 13G/A EDGAR
- Aug 13, 2026SCHEDULE 13G/A EDGAR
- Aug 13, 2026SCHEDULE 13G/A EDGAR
- Jul 20, 2026425 CURRENT REPORT EDGAR
- Jul 20, 20268-K CURRENT REPORT EDGAR
- Jun 26, 2026SCHEDULE 13G EDGAR
- May 14, 202610-Q QUARTERLY REPORT EDGAR
- May 14, 2026SCHEDULE 13G EDGAR
- May 5, 2026425 CURRENT REPORT EDGAR
- May 5, 20268-K CURRENT REPORT EDGAR
- May 1, 20268-K CURRENT REPORT EDGAR
- Apr 28, 20268-K CURRENT REPORT EDGAR
- Apr 16, 2026DEFR14A REVISED DEFINITIVE PROXY STATEMENT EDGAR
- Apr 15, 202610-K ANNUAL REPORT EDGAR
- Apr 14, 2026DEF 14A PROXY STATEMENT EDGAR
- Apr 8, 20268-K CURRENT REPORT EDGAR
The 78 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
6 open-market trades by officers, directors and large owners since October 2021: 4 buys and 2 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Feb 18, 2025 | Drugs Made In America Acquisition LLC10% owner | Buy | 30,000 | Form 4 | ||
| Feb 18, 2025 | Stockwell LynnCEO and Exe. Chair of Board | Buy | 30,000 | Form 4 | ||
| Jan 29, 2025 | Drugs Made In America Acquisition LLC10% owner | Buy | 400,000 | Form 4 | ||
| Jan 29, 2025 | Drugs Made In America Acquisition LLC10% owner | Sale | 5,698,363 | Form 4 | ||
| Jan 29, 2025 | Stockwell LynnCEO and Exe. Chair of Board | Buy | 400,000 | Form 4 | ||
| Jan 29, 2025 | Stockwell LynnCEO and Exe. Chair of Board | Sale | 5,698,363 | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- First Trust Capital Management L.P.SCHEDULE 13G/A, 2 filings May 15, 2025 to Aug 14, 202626
- Karpus Management, Inc.SCHEDULE 13G/A, 3 filings May 14, 2025 to Aug 14, 202627
- GLAZER CAPITAL, LLCSCHEDULE 13G/A, 2 filings May 15, 2025 to Aug 13, 202628
- Mizuho Financial GroupSCHEDULE 13G/A, 2 filings May 14, 2026 to Aug 13, 202629
- Feis Equities LLCSCHEDULE 13G, 1 filing Jun 26, 202630
- Hudson Bay Capital Management LPSCHEDULE 13G/A, 2 filings May 14, 2025 to Nov 12, 202531
- Polar Asset Management Partners Inc.SCHEDULE 13G, 1 filing May 15, 202532
- Drugs Made In America Acquisition LLCSCHEDULE 13D, 1 filing Mar 3, 202533
SEC filer profile
How Drugs Made In America Acquisition Corp. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARDrugs Made In America Acquisition Corp.1
- CIK0002028614
- Employer ID (EIN)99-23947883
- Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; a shell company3
- Incorporated inCayman Islands3
- Fiscal year endsDecember 311
- Industry code (SIC)6770 Blank Checks1
- SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance1
- Business address420 Lexington Avenue, Suite 1402, New York, NY 101701
- Phone646-726-70741
- Shares outstanding24,276,913 as of Aug 14, 20266
- Public float$234.6M as of Jun 30, 20253
- AuditorMaloneBailey, LLP, Houston, Texas PCAOB ID 206; no auditor attestation of internal control over financial reporting3
- On EDGAR sinceAug 1, 20241
- Filings78 in all: 8-K (14), 4 (8), SCHEDULE 13G (7), 3 (6), S-1/A (6), SCHEDULE 13G/A (6), 10-Q (5), CORRESP (5)1
All 23 form types
425 (3), 10-K (2), EFFECT (2), NT 10-Q (2), POS AM (2), 424B4 (1), 8-A12B (1), CERT (1), DEF 14A (1), DEFR14A (1), NT 10-K (1), PRE 14A (1), S-1 (1), SCHEDULE 13D (1), UPLOAD (1)
- Latest filingsAnnual report (10-K) Apr 15, 2026
Quarterly report (10-Q) Aug 14, 2026
Proxy statement (DEF 14A) Apr 14, 2026
Latest 8-K (8-K) Sep 14, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Units, each consisting of one Ordinary Share, par value $0.0001 per share, and one Right to receive one-eighth (1/8) of an Ordinary Share | DMAAU | The Nasdaq Stock Market LLC |
| Ordinary Shares | DMAA | The Nasdaq Stock Market LLC |
| Rights | DMAAR | The Nasdaq Stock Market LLC |
From the cover page of the 10-K filed Apr 15, 2026 (Section 12(b) of the Exchange Act).3
Risk factors and legal proceedings
Legal proceedings
We may be subject to legal proceedings, investigations and claims incidental to the conduct of our business from time to time. There is currently no material litigation, arbitration or governmental proceeding currently pending against us or any members of our management team in their capacity as such, and we and the members of our management team have not been subject to any such proceeding.
The opening of Item 3, Legal Proceedings.3
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8SEC EDGARLynn Stockwell, Chair
- 9
- 10SEC EDGARLynn Stockwell, Officer
- 11SEC EDGARCatherine Do, Board member
- 12SEC EDGARMyron W. Shulgan, Board member
- 13SEC EDGARSridhar G. Prasad, Board member
- 14SEC EDGAREntered a material agreement
- 15SEC EDGAREntered a material agreement
- 16SEC EDGAREntered a material agreement
- 17
- 18SEC EDGAREntered a material agreement
- 19SEC EDGAROther events
- 20
- 21SEC EDGARExecutive or director change
- 22SEC EDGAROther events
- 23SEC EDGARExecutive or director change
- 24
- 25SEC EDGAROther events
- 26
- 27
- 28
- 29
- 30
- 31
- 32
- 33