# EDGAR Filing Document

**Accession Number:** 0001363651
**File Stem:** 0001104659-23-019918
**Filing Date:** 2023-2
**Character Count:** 10679
**Document Hash:** 5f5760cc925ec135098662e59db7f8de
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-23-019918.hdr.sgml**: 20230213

**ACCESSION NUMBER**: 0001104659-23-019918

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230210

**FILED AS OF DATE**: 20230213

**DATE AS OF CHANGE**: 20230213

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Finke Thomas M
- **CENTRAL INDEX KEY:** 0001363651

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-40014
- **FILM NUMBER:** 23620560

**MAIL ADDRESS:**
- **STREET 1:** BARINGS LLC
- **STREET 2:** 300 SOUTH TRYON STREET, SUITE 2500
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28202

**FORMER NAME:**
- **FORMER CONFORMED NAME:** Finke Thomas F
- **DATE OF NAME CHANGE:** 20060522
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ALLIANCE ENTERTAINMENT HOLDING CORP
- **CENTRAL INDEX KEY:** 0001823584
- **STANDARD INDUSTRIAL CLASSIFICATION:** WHOLESALE-DURABLE GOODS, NEC [5099]
- **IRS NUMBER:** 852373325
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**BUSINESS ADDRESS:**
- **STREET 1:** 8201 PETERS ROAD
- **STREET 2:** SUITE 1000
- **CITY:** PLANTATION
- **STATE:** FL
- **ZIP:** 33324
- **BUSINESS PHONE:** (954) 255-4000

**MAIL ADDRESS:**
- **STREET 1:** 8201 PETERS ROAD
- **STREET 2:** SUITE 1000
- **CITY:** PLANTATION
- **STATE:** FL
- **ZIP:** 33324

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Adara Acquisition Corp.
- **DATE OF NAME CHANGE:** 20230208

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Alliance Entertainment Holding Corp.
- **DATE OF NAME CHANGE:** 20230208

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Adara Acquisition Corp.
- **DATE OF NAME CHANGE:** 20200903

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Finke Thomas M<br><sub>(Last) (First) (Middle)</sub><br>211 EAST BLVD.<br><sub>(Street)</sub><br>CHARLOTTE, NC 28203<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-02-10 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [ ] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>ALLIANCE ENTERTAINMENT HOLDING CORP [ ADRA ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Class A Common Stock | 2023-02-10 |  | M |  | 1200000<sup>(5)</sup> | A | $0.00 | 1200000 | I | See Footnote<sup>(2)(3)</sup> |
| Class A Common Stock | 2023-02-10 |  | M |  | 50000<sup>(5)</sup> | A | $0.00 | 50000 | D |  |
| Class A Common Stock | 2023-02-10 |  | J<sup>(6)</sup> |  | 1200000 | D | $0.00 | 0 | I | See Footnote<sup>(2)(3)</sup> |
| Class A Common Stock | 2023-02-10 |  | J<sup>(6)</sup> |  | 73864 | A | $0.00 | 73864 | I | See Footnote<sup>(7)</sup> |
| Class A Common Stock | 2023-02-10 |  | J<sup>(6)</sup> |  | 113864 | A | $0.00 | 163864 | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Class B Common Stock | <sup>(1)</sup> | 2023-02-10 |  | D |  |  | 1375000<sup>(2)(4)</sup> | <sup>(1)</sup> | <sup>(1)</sup> | Class A Common Stock | 1375000 | $0.00 | 1200000<sup>(2)(3)</sup> | I | See Footnote<sup>(2)(3)</sup> |
| Class B Common Stock | <sup>(1)</sup> | 2023-02-10 |  | M |  |  | 1200000<sup>(2)(5)</sup> | <sup>(1)</sup> | <sup>(1)</sup> | Class A Common Stock | 1200000 | $0.00 | 0 | I | See Footnote<sup>(2)(3)</sup> |
| Class B Common Stock | <sup>(1)</sup> | 2023-02-10 |  | M |  |  | 50000<sup>(5)</sup> | <sup>(1)</sup> | <sup>(1)</sup> | Class A Common Stock | 50000 | $0.00 | 0 | D |  |
| Warrant | <sup>(8)</sup> | 2023-02-10 |  | J<sup>(8)</sup> |  | 4120000 |  | <sup>(8)</sup> | <sup>(8)</sup> | Class A Common Stock | 4120000 | $0.00 | 4120000 | I | See Footnote<sup>(2)(3)</sup> |
| Warrant | <sup>(8)</sup> | 2023-02-10 |  | J<sup>(6)</sup> |  |  | 4120000 | <sup>(8)</sup> | <sup>(8)</sup> | Class A Common Stock | 4120000 | $0.00 | 0 | I | See Footnote<sup>(2)(3)</sup> |
| Warrant | <sup>(8)</sup> | 2023-02-10 |  | J<sup>(6)</sup> |  | 250000 |  | <sup>(8)</sup> | <sup>(8)</sup> | Class A Common Stock | 250000 | $0.00 | 250000 | I | See Footnote<sup>(7)</sup> |
| Warrant | <sup>(8)</sup> | 2023-02-10 |  | J<sup>(6)</sup> |  | 387333 |  | <sup>(8)</sup> | <sup>(8)</sup> | Class A Common Stock | 387333 | $0.00 | 387333 | D |  |

---

### Footnotes:

(1) As described in the issuer's registration statement on Form S-4 (File No. 333-250157), as amended (the "Registration Statement") under the heading "Description of Securities--Founder Shares," the shares of Class B common stock, par value $0.0001 per share, automatically convert into shares of Class A common stock, par value $0.0001 per share, at the time of the issuer's initial business combination, on a one-for-one basis, subject to certain adjustments described therein and have no expiration date.

(2) These shares represent Class B common stock held by Adara Sponsor LLC (the "Sponsor") acquired pursuant to a subscription agreement by and between the Sponsor and the issuer.

(3) The reporting person was appointed as the managing member of the Sponsor on June 1, 2022. As the managing member of the Sponsor, the reporting person may be deemed to have beneficial ownership of the shares of Class B common stock held directly by the Sponsor and disclaims beneficial ownership over any securities in which he does not have a pecuniary interest. As of immediately prior to the closing of the issuer's business combination with Alliance Entertainment Holding Corporation on February 10, 2023, the Sponsor held 2,575,000 shares of Class B common stock.

(4) Represents the forfeiture of 1,375,000 shares of Class B common stock for no additional consideration in connection with the closing of the issuer's business combination with Alliance Entertainment Holding Corporation.

(5) Upon the consummation of the issuer's business combination with Alliance Entertainment Holding Corporation on February 10, 2023, all issued and outstanding shares of the issuer's Class B common stock automatically converted into an equal number of shares of Class A common stock.

(6) Following the closing of the issuer's business combination with Alliance Entertainment Holding Corporation, the Sponsor distributed all of the issuer's securities held by the Sponsor pro rata to the Sponsor's members.

(7) The securities are held directly by the Thomas M. Finke Family Trust dtd 12/14/2012, of which the reporting person is the grantor, the reporting person's spouse is the trustee and the reporting person's spouse and children are beneficiaries. The reporting person disclaims beneficial ownership of such securities, and the inclusion of such securities in this report is not an admission that the reporting person is a beneficial owner of such securities for purposes of Section 16 or for any other purpose.

(8) Each warrant will become exercisable 30 days after the completion of the issuer's initial business combination. Each warrant will expire five years after the completion of the issuer's initial business combination. Each warrant entitles the holder to purchase one share of Class A common stock at a price of $11.50 per share, subject to adjustment in the event of certain capital-raising or reorganization transactions.

**Signature:** /s/ Thomas Finke  
**Date:** 2023-02-13

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**