1 unchanged sentence
Market Information
−Removed: Our Class A common stock and warrants are quoted on the OTC Pink Open Market under the symbols “ADRA” and “ADRAW”, respectively.
−Removed: Any over-the-counter market quotations reflect inter-dealer prices, without retail mark-up, mark-down or commission and may not necessarily represent actual transactions.
−Removed: Although there are a larger number of beneficial owners, at March 29, 2023, there were 39 holders of record of our Class A common stock and 39 holders of record of our warrants.
+Added: Our Class A common stock and warrants are quoted on the NASDAQ under the symbol “AENT.”
+Added: Although there are a larger number of beneficial owners, at June 30, 2023, there were 47 holders of record of our Class A common stock and 39 holders of record of our warrants.
We have not paid any cash dividends on the Class A common stock to date.
2 unchanged sentences
We do not anticipate declaring any cash dividends to holders of the Class A common stock in the foreseeable future.
−Removed: Further, our ability to declare dividends may be limited by the terms of financing or other agreements entered into by us or our subsidiaries from time to time.
−Removed: Securities Authorized for Issuance Under Equity Compensation Plans
−Removed: The information included in under the heading “ Equity Plans ” in Item 12 of Part III of this annual report is hereby incorporated by reference into this Item 5 of Part II of the annual report.
+Added: Further, our ability to declare dividends may be limited by the terms of financing or other agreements entered by us or our subsidiaries from time to time.
Recent Sales of Unregistered Securities;
5 unchanged sentences
The SEC declared the registration statement effective on February 8, 2021.
−Removed: We paid approximately $1.1 million in underwriting discounts and commissions, including $60,189.18 in deferred underwriting commissions upon the Closing of the Business Combination, and $529,462 million for other offering costs related to the initial public offering.
+Added: We paid approximately $1.1 million in underwriting discounts and commissions, including $60,189 in deferred underwriting commissions upon the Closing of the Business Combination, and $5,294,620 for other offering costs related to the initial public offering.
Of the gross proceeds received from our initial public offering, the full exercise of the over-allotment option and the sale of private placement warrants in connection with the initial public offering, $116.15 million was placed in a trust account.
After deducting payments to existing stockholders of approximately $116.6 million in connection with their exercise of redemption rights, the remaining balance immediately prior to the Closing of approximately $1.7 million remained in the trust account.
−Removed: The remaining amount in the trust account were used to fund the Closing and related transaction expenses.
−Removed: Issuer Purchases of Equity Securities
+Added: The remaining amount in the trust account was used to fund the Closing and related transaction expenses.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.