ADRA - Alliance Entertainment to be merged with Adara Acquisition acquires Think 3Fold

July, 07 2022 09:17 AM Adara Acquisition Corp. Class A

Distributor and wholesaler of the world’s largest in stock selection of music, movies, video games, electronics, arcades, and collectibles, Alliance Entertainment to be merged with Adara Acquisition ( NYSE: ADRA ) is closing on the acquisition of Think 3Fold, a distributor of toys and collectibles.
The acquisition of Think 3Fold will bring significant additional licensed toy and collectible products and sales channels.
“This is a very valuable and strategic acquisition for Alliance as it elevates us to become the leading toy and collectible distributor in the Unites States. We are very excited to add the All Star Think 3Fold team to Alliance as they will have a major positive impact to our future growth.” said Jeff Walker, CEO of Alliance Entertainment.

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Company Name:	Adara Acquisition Corp. Class A
Stock Symbol:	ADRA
Market:	NASDAQ