---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-073746"
form_type: "8-K"
ticker: "AENT"
cik: "0001823584"
company_name: "ALLIANCE ENTERTAINMENT HOLDING CORP"
filed_at: "2022-06-23T23:59:59+00:00"
generated_at: "2026-06-24T23:43:48.568092+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Adara Acquisition Corp. to merge with Alliance Entertainment at $475M enterprise value

## Summary
- Alliance shareholders receive Adara Class A shares based on $475M valuation; earn-out up to 60M contingent shares at $20/$30/$50 targets.
- Sponsor and insiders subject to 6-month lock-up; 875k to 1.375M founder shares forfeited at closing.
- Closing requires stockholder approvals, HSR clearance, NYSE American listing, and trust fund release.
- Registration rights agreement; resale registration statement to be filed within 30 days after closing.

## SEC filing metadata
- accession: 0001104659-22-073746
- form_type: 8-K
- ticker: AENT
- cik: 0001823584
- company_name: ALLIANCE ENTERTAINMENT HOLDING CORP
- filed_at: 2022-06-23T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1823584/000110465922073746/0001104659-22-073746-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1823584/000110465922073746/tm2219001d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-073746
- JSON: https://secwatch.observer/filing/0001104659-22-073746.json
- Plain text: https://secwatch.observer/filing/0001104659-22-073746.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.