SUNRISE, Fla.–(BUSINESS WIRE)–Alliance Entertainment Holding Corporation (“Alliance Entertainment”), a distributor and wholesaler of the world’s largest selection of music, movies, video games, electronics, arcades and collectibles, today announced its newest AE Exclusive from Funko® Funko Pop! Rocks: Iron Maiden – Eddie Glow in the Dark 4pk.
This is the second limited edition collector’s box set of Iron Maiden “Eddie” Glow in the Dark POPs that Alliance has brought to collectors, with the first quickly selling out and becoming a holy grail on the secondary market.
Tony Moyers, VP of Consumer Products, said: “We are proud to present such a unique music-related collectible from one of the greatest heavy metal bands of all time, Iron Maiden, following their Legacy of the Beast World Tour. 22. This is the type of item that not only resonates with our collectible customers but is also exciting for independent music retailers. Raise the irons!”
For inquiries about this item and other exclusive items or vendors, and for information on opening a wholesale account with Alliance Entertainment, please contact us at https://www.aent.com/customer.
About Global Merchandising Services
Global Merchandising, the largest independent music retailer in the world, is a music artist, celebrity and branded merchandise company. Global is a powerhouse of world-class design, product development, manufacturing and direct-to-consumer sales.
About Iron Maiden
With over 100 million albums sold, more than 2000 live performances in 63 countries, millions of fans worldwide and 17 studio albums of unwavering quality and power, Iron Maiden have earned their proud status as one of the most influential and revered bands of all time.
About Alliance Entertainment
Alliance Entertainment is a leading distributor of music, films and consumer electronics. We offer 485,000 unique SKUs in stock, including over 57,300 exclusive CDs, Vinyl, DVDs, Blu-rays and Video Games. To complement our extensive media catalogue, we also stock a full range of accessories, toys and collectibles. With more than 35 years of distribution experience, Alliance Entertainment serves customers of all sizes and offers a robust range of services to resellers and retailers worldwide. Our efficient processing and essential seller tools reduce the costs associated with managing multiple supplier relationships and help omni-channel retailers expand their product choices and fulfillment goals. Visit www.aent.com for more information.
On June 23, 2022, Alliance Entertainment announced that it had acquired through a merger transaction with Adara Acquisition Corp. (NYSE: ADRA, ADRA.U, ADRA.WS) (“Adara”), a publicly traded special purpose vehicle, to be listed on the stock exchange. The transaction is expected to close in the fourth quarter of 2022, at which time the combined company’s common stock is expected to trade on the NYSE American under the ticker symbol “AENT.”
About Adara Acquisition Corp.
Adara raised $115 million in February 2021 and its securities are listed on the NYSE American under the ticker symbols “NYSE: ADRA, ADRA.U, ADRA.WS.” Adara is a blank check corporation formed for the purpose of consummating a merger, stock exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more corporations or entities. Adara is led by its CEO Thomas Finke (former Chairman and CEO of Barings LLC) and its director W. Tom Donaldson (founder of Blystone & Donaldson). In addition to Messrs. Finke and Donaldson, Adara’s Board of Directors also includes Frank Quintero, Dylan Glenn and Beatriz Acevedo-Greiff.
To learn more, please visit: https://www.adaraspac.com
Certain statements in this press release that are not historical facts are forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally identified by words such as “believe,” “may,” , “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect”, “should”, “would”, “plan”, “predict”, “potential”, “seem”, ” looking”, “future”, “outlook” and similar expressions that predict or indicate future events or trends or are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding estimates and projections of financial and performance indicators, projections of market opportunities, expectations and timelines relating to Alliance Entertainment’s business, customer growth and other business milestones, potential benefits of the proposed business combination ( the “Proposed Transactions”) and expectations as to the timing of the Proposed Transactions.
These statements are based on various assumptions, whether expressed in this press release or not, and on the current expectations of management of Adara and Alliance Entertainment and are not predictions of actual performance. These forward-looking statements are for illustrative purposes only and are not intended to be, and should not be relied upon by an investor as, a guarantee, representation, prediction or definitive statement of fact or likelihood. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond Alliance Entertainment and Adara’s control.
These forward-looking statements are subject to a number of risks and uncertainties, including changes in domestic and foreign business, market, financial, political and legal conditions; the inability of the parties to complete the proposed transactions successfully or in a timely manner, including the risk that regulatory approvals will not be obtained, be delayed or be subject to unanticipated conditions that could adversely affect the combined company or the anticipated benefits of the proposed transactions, or that the Consent from Adara or Alliance Entertainment stockholders will not be obtained; failure to realize the anticipated benefits of the proposed transactions; risks related to the uncertainty of projected financial information relating to Alliance Entertainment; risks associated with the music, video, gaming and entertainment industries, including changes in entertainment delivery formats; global economic conditions; the impact of competition on Alliance Entertainment’s future business; risks associated with the fulfillment network; risks associated with expansion and strain on Alliance Entertainment’s management, operating, financial and other resources; risks related to operating results and growth rate; the business could be harmed by the number of redemption requests from Adara’s public shareholders; and those factors discussed in Adara’s annual report on Form 10-K for the year ended December 31, 2021 under the heading “Risk Factors” and current report on Form 8-K filed on June 23, 2022 and other Adara documents filed or to be filed with the SEC.
No offer or solicitation
This announcement does not constitute an offer to sell or a solicitation of an offer to buy any securities or a solicitation of a vote or approval, nor is there any sale of any securities in any state or jurisdiction where such offer, solicitation or sale prior to registration or qualification under the securities laws of that other jurisdiction would be unlawful.