Adara Acquisition Corp.
ADRA
New York Stock Exchange Arca3.85
USD
- -
- -
CIK
0001823584
ISIN
US00653H1023
CUSIP
00653H102
Return %
Stock
S&P500
1Y
-61.07
18.21
3Y
-60.51
64.38
5Y
-88.89
72.43
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Jeffrey Walker
- Full Time Employees
- 847
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 8845 Red Oak Boulevard Charlotte NC United States of America 28217
- IPO Date
- Dec 17, 2019
- CIK
- 0001823584
- Website
- adaraspac.com
- Similar Companies
- Business
- Adara Acquisition Corp. successfully finalized its business combination with Alliance Entertainment Holding Corporation in February 2023. This transaction transformed the special purpose acquisition company into a prominent distributor and wholesaler of physical media and various consumer goods. Alliance Entertainment specializes in a vast array of products, encompassing music, films, video games, electronics, and collectibles, serving retailers and e-commerce channels. Following the completion of the merger, Adara Acquisition Corp. was delisted from the NYSE American, with the combined entity's shares and warrants subsequently trading on the OTC under the symbols "ADRA" and "ADRA WS." The company, which was initially incorporated in 2020 and based in Charlotte, North Carolina, now operates through the Florida-based Alliance Entertainment, with plans to seek a Nasdaq listing in the future.
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