Ticker LaunchSPAC · Merger completed
Adara Acquisition Corp.
Business combination with Alliance Entertainment Holding Corporation
Adara Acquisition Corp. is a blank-check company (SPAC) that raised $100M in its initial public offering on Feb 9, 2021, listing on NYSE American. It completed its business combination with Alliance Entertainment Holding Corporation on Feb 10, 2023; the combined company is Alliance Entertainment Holding Corporation. ThinkEquity led the IPO. Ellenoff Grossman & Schole advised the SPAC and Loeb & Loeb advised the underwriters on the IPO.
Alliance Entertainment Holding Corporation is a distributor of music, movies and consumer electronics. It offers 485,000 unique in-stock SKUs, including compact discs, vinyl LP records, DVDs, Blu-rays and video games.
- Status
- Merger completed
- IPO date
- Feb 9, 2021
- IPO size
- $100M
- IPO exchange
- NYSE American
- Target
- Alliance Entertainment Holding Corporation
- Announced
- Jun 23, 2022
- Closed
- Feb 10, 2023
- Combined company
- Alliance Entertainment Holding Corporation
- IPO underwriters
- ThinkEquity
- SPAC counsel (IPO)
- Ellenoff Grossman & Schole
- Underwriters' counsel (IPO)
- Loeb & Loeb
More on this SPAC for subscribers
- Trust balance and value per share
- Redemptions at each extension and at the merger vote
- Liquidation deadline and extension history
- Merger proxy, registration statement and investor presentation
- Analyst notes from the filings
Every record in the database also has its full filing timeline, a daily-updated calendar, watchlist alerts and Excel export.
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Filings
- IPO prospectus (424B4) Feb 9, 2021
- Deal announcement (8-K) Jun 23, 2022
- Press release
- All filings on EDGAR CIK 1823584
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