secwatch / observer

8-K filed January 19, 2023, 6:59 PM ET ticker AENT CIK 0001823584

M&A confidence high sentiment positive materiality 0.70

Adara Acquisition Corp. shareholders vote to approve Alliance Entertainment business combination

ALLIANCE ENTERTAINMENT HOLDING CORP

Shareholders approved the Business Combination with Alliance Entertainment; votes: 11,188,846 FOR, 1,139,717 AGAINST.
All seven charter amendments approved, including name change to Alliance Entertainment Holding Corporation.
Equity Incentive Plan and Exchange Listing Proposal also received stockholder approval.
Closing of the business combination remains subject to conditions such as minimum cash and listing.
Adara had 12,328,563 shares voted at the special meeting, constituting a quorum.

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

ALLIANCE ENTERTAINMENT HOLDING CORP shareholders approved Certificate of Incorporation Voting Threshold Charter Amendment at the 2023-01-18 meeting.

Proposal: charter amendment
Outcome: passed
Meeting: 2023-01-18

Exact text from the filing

The Certificate of Incorporation Voting Threshold Charter Amendment Class A common stock and Class B common stock, voting together as a single class Votes FOR Votes AGAINST Abstain Broker Non-Votes 10,815,846 1,492,628 20,089 N/A Class B common stock, voting separately as a single class Votes FOR Votes AGAINST Abstain Broker Non-Votes 2,825,500 0 0 N/A

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

ALLIANCE ENTERTAINMENT HOLDING CORP shareholders approved Director Removal Charter Amendment at the 2023-01-18 meeting.

Proposal: charter amendment
Outcome: passed
Meeting: 2023-01-18

Exact text from the filing

The Director Removal Charter Amendment Class A common stock and Class B common stock, voting together as a single class Votes FOR Votes AGAINST Abstain Broker Non-Votes 10,855,819 1,452,655 2

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

ALLIANCE ENTERTAINMENT HOLDING CORP shareholders approved Bylaws Voting Threshold Charter Amendment at the 2023-01-18 meeting.

Proposal: charter amendment
Outcome: passed
Meeting: 2023-01-18

Exact text from the filing

The Bylaws Voting Threshold Charter Amendment Class A common stock and Class B common stock, voting together as a single class Votes FOR Votes AGAINST Abstain Broker Non-Votes 10,815,847 1,492,627 20,089 N/A Class B common stock , voting separately as a single class Votes FOR Votes AGAINST Abstain Broker Non-Votes 2,825,500 0 0 N/A

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

ALLIANCE ENTERTAINMENT HOLDING CORP shareholders approved Name Change Charter Amendment at the 2023-01-18 meeting.

Proposal: charter amendment
Outcome: passed
Meeting: 2023-01-18

Exact text from the filing

The Name Change Charter Amendment Class A common stock and Class B common stock, voting together as a single class Votes FOR Votes AGAINST Abstain Broker Non-Votes 11,188,835 1,119,629 20,099 N/A Class B common stock, voting separately as a single class Votes FOR Votes AGAINST Abstain Broker Non-Votes 2,825,500 0 0 N/A

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

ALLIANCE ENTERTAINMENT HOLDING CORP shareholders approved Board of Directors Reclassification Charter Amendment at the 2023-01-18 meeting.

Proposal: charter amendment
Outcome: passed
Meeting: 2023-01-18

Exact text from the filing

The Board of Directors Reclassification Charter Amendment Class A common stock and Class B common stock, voting together as a single class Votes FOR Votes AGAINST Abstain Broker Non-Votes 10,815,947 1,492,527 20,089 N/A Class B common stock , voting separately as a single class Votes FOR Votes AGAINST Abstain Broker Non-Votes 2,825,500 0 0 N/A

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

ALLIANCE ENTERTAINMENT HOLDING CORP shareholders approved Authorized Share Charter Amendment at the 2023-01-18 meeting.

Proposal: charter amendment
Outcome: passed
Meeting: 2023-01-18

Exact text from the filing

The Authorized Share Charter Amendment Class A common stock and Class B common stock, voting together as a single class Votes FOR Votes AGAINST Abstain Broker Non-Votes 11,188,643 1,119,728 20,192 N/A Class B common stock, voting separately as a single class Votes FOR Votes AGAINST Abstain Broker Non-Votes 2,825,500 0 0 N/A

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

ALLIANCE ENTERTAINMENT HOLDING CORP shareholders approved Business Combination Proposal at the 2023-01-18 meeting.

Proposal: merger approval
Outcome: passed
Meeting: 2023-01-18

Exact text from the filing

Business Combination Proposal : Adara’s stockholders approved the Business Combination Proposal, based on the following votes: Votes FOR Votes AGAINST Abstain Broker Non-Votes 11,188,846 1,139,717 0 N/A

View on SEC.gov

461 shareholder votes filed in the last 30 days. Browse all shareholder votes →

ALLIANCE ENTERTAINMENT HOLDING CORP filing history →

Source: SEC EDGAR

accession 0001104659-23-005037

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.