Alliance Entertainment to Present at Upcoming October Investor Conferences in Chicago and New York City

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Alliance Entertainment to Present at Upcoming October Investor Conferences in Chicago and New York City
Alliance Entertainment to Present at Upcoming October Investor Conferences in Chicago and New York City

SUNRISE, Fla.–(BUSINESS WIRE)–Alliance Leisure Holding Company (“Alliance Leisure”), a distributor and wholesaler of the world’s largest in inventory choice of music, motion pictures, video video games, electronics, arcades, and collectibles, introduced at present it’s going to current on the MicroCap Rodeo Windy Metropolis Roundup Convention being held on the Swissotel in Chicago on October 12 – 13, 2022 and The ThinkEquity Convention going down on the Mandarin Oriental Lodge in New York Metropolis on October 26, 2022.

Alliance Leisure administration will conduct in-person 30-minute one-on-one conferences and ship the Firm’s shows which might be considered reside and through replay on the webcast hyperlink out there on the Adara Acquisition Corp. investor relations web site at www.adaraspac.com.

MicroCap Rodeo Windy Metropolis Roundup Convention

Date: October 12 – 13, 2022

Location: Chicago

Presentation Time: October 12, 2022, at 9:00 am CT (7:00 am PT) in TRACK 3

Format: In-person 1×1’s and Displays

Convention Web site: Click on right here

The ThinkEquity Convention

Date: October 26, 2022

Location: New York Metropolis

Presentation Time: October 26, 2022, at 10:30 am ET (7:30 am PT) in South Salon I

Format: In-person 1×1’s and Displays

Convention Web site: Click on right here

For extra data on the MicroCap Rodeo Windy Metropolis Roundup Convention, or The ThinkEquity Convention or to schedule a one-on-one assembly with Alliance Leisure administration, please contact your convention consultant or you might also electronic mail your request to [email protected] or name Chris Tyson at (949) 491-8235.

On June 23, 2022, Alliance Leisure introduced that it’ll turn out to be publicly listed via a merger transaction with Adara Acquisition Corp. (NYSE: ADRA, ADRA.U, ADRA.WS) (“Adara”), a publicly traded particular goal acquisition firm. The transaction is anticipated to shut within the fourth quarter of 2022, at which level the mixed firm’s widespread inventory is anticipated to commerce on the NYSE American beneath the ticker image “AENT”.

About Alliance Leisure

Alliance Leisure is a premier distributor of music, motion pictures, and shopper electronics. We provide 485,000 distinctive in inventory SKU’s, together with over 57,300 unique compact discs, vinyl LP information, DVDs, Blu-rays, and video video games. Complementing our huge media catalog, we additionally inventory a full array of associated equipment, toys and collectibles. With greater than thirty-five years of distribution expertise, Alliance Leisure serves prospects of each measurement, offering a sturdy suite of providers to resellers and retailers worldwide. Our environment friendly processing and important vendor instruments noticeably cut back the prices related to administrating a number of vendor relationships, whereas serving to omni-channel retailers develop their product choice and achievement objectives. For extra data go to www.aent.com.

About Adara Acquisition Corp.

Adara raised $115 million in February 2021 and its securities are listed on the NYSE American beneath the ticker symbols “NYSE: ADRA, ADRA.U, ADRA.WS”. Adara is a clean test firm organized for the aim of effecting a merger, share change, asset acquisition, inventory buy, recapitalization, reorganization, or different comparable enterprise mixture with a number of companies or entities. Adara is led by its CEO, Thomas Finke (former Chairman and CEO of Barings LLC) and its director, W. Tom Donaldson (founding father of Blystone & Donaldson). Along with Messrs. Finke and Donaldson, Adara’s Board of Administrators additionally embody Frank Quintero, Dylan Glenn and Beatriz Acevedo-Greiff.

To study extra, please go to: www.adaraspac.com

Ahead Trying Statements

Sure statements included on this press launch that aren’t historic information are forward-looking statements for functions of the secure harbor provisions beneath the US Non-public Securities Litigation Reform Act of 1995. Ahead-looking statements usually are accompanied by phrases corresponding to “consider,” “might,” “will,” “estimate,” “proceed,” “anticipate,” “intend,” “anticipate,” “ought to,” “would,” “plan,” “predict,” “potential,” “appear,” “search,” “future,” “outlook,” and comparable expressions that predict or point out future occasions or traits or that aren’t statements of historic issues. These forward-looking statements embody, however will not be restricted to, statements concerning estimates and forecasts of monetary and efficiency metrics, projections of market alternative, expectations and timing associated to Alliance Leisure’s enterprise, buyer development and different enterprise milestones, potential advantages of the proposed enterprise mixture (the “Proposed Transactions”), and expectations associated to the timing of the Proposed Transactions.

These statements are based mostly on varied assumptions, whether or not or not recognized on this press launch, and on the present expectations of Adara’s and Alliance Leisure’s administration and will not be predictions of precise efficiency. These forward-looking statements are offered for illustrative functions solely and will not be meant to function, and should not be relied on by an investor as, a assure, an assurance, a prediction, or a definitive assertion of reality or chance. Precise occasions and circumstances are tough or unattainable to foretell and can differ from assumptions. Many precise occasions and circumstances are past the management of Alliance Leisure and Adara.

These forward-looking statements are topic to various dangers and uncertainties, together with modifications in home and international enterprise, market, monetary, political, and authorized situations; the lack of the events to efficiently or well timed consummate the Proposed Transactions, together with the danger that any regulatory approvals will not be obtained, are delayed or are topic to unanticipated situations that might adversely have an effect on the mixed firm or the anticipated advantages of the Proposed Transactions or that the approval of the stockholders of Adara or Alliance Leisure isn’t obtained; failure to appreciate the anticipated advantages of the Proposed Transactions; dangers referring to the uncertainty of the projected monetary data with respect to Alliance Leisure; dangers associated to the music, video, gaming, and leisure trade, together with modifications in leisure supply codecs; international financial situations; the consequences of competitors on Alliance Leisure’s future enterprise; dangers associated to fulfilment community; dangers associated to enlargement and the pressure on Alliance Leisure’s administration, operational, monetary, and different sources; dangers associated to working outcomes and development price; the enterprise may very well be harmed the quantity of redemption requests made by Adara’s public stockholders; and people components mentioned in Adara’s Annual Report on Type 10-Okay for the fiscal yr ended December 31, 2021 beneath the heading “Danger Components,” and the Present Report on Type 8-Okay filed on June 23, 2022 and different paperwork of Adara filed, or to be filed, with the SEC.

No Provide or Solicitation

This communication doesn’t represent a suggestion to promote or the solicitation of a suggestion to purchase any securities or a solicitation of any vote or approval, nor shall there be any sale of any securities in any state or jurisdiction during which such supply, solicitation, or sale could be illegal previous to registration or qualification beneath the securities legal guidelines of such different jurisdiction.

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