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Full title: Amended Chapter 11 Plan Notice of Filing Amended Prepackaged Chapter 11 Plan of Reorganization of Adara Enterprises Corp. (related document(s)15, 16) Filed by Adara Enterprises Corp. (Attachments: # 1 Exhibit 1 # 2 Exhibit 2) (Gellert, Ronald) (Entered: 06/02/2021)

Document posted on Jun 1, 2021 in the bankruptcy, 3 pages and 0 tables.

Bankrupt11 Summary (Automatically Generated)

PLEASE TAKE FURTHER NOTICE that on April 27, 2021, the Bankruptcy Court entered the Order (I) Scheduling a Combined Hearing On (A) Adequacy Of Disclosure Statement, (B) Confirmation Of Plan, and (C)NOTICE that, in accordance with the Confirmation Procedures Order, the Debtor will seek approval of the Disclosure Statement and confirmation of the Amended Plan at a hearing scheduled for June 9, 2021 at 11:00 a.m. (prevailing Eastern Time) before the Honorable J. Kate Stickles at the United States Bankruptcy Court for the District of Delaware, 824 Market Street, 3rd Floor, Courtroom No. 7, Wilmington, Delaware 19801. PLEASE TAKE FURTHER NOTICE that copies of the Amended Plan, Disclosure Statement and Plan Supplement may be obtained by visiting the Bankruptcy Court’s website at www.deb.uscourts.gov, or free of charge by visiting the website maintained by the Debtor’s claims and noticing agent, Donlin Recano & Company, Inc. at www.donlinrecano.com/aec.Copies of the Amended Plan, Disclosure Statement and Plan Supplement may also be obtained by contacting the Claims Agent at 1-866-406-2286, or by contacting Debtor’s counsel, (a) Loeb & Loeb LLP, 345 Park Avenue, New York, New York 10154 (Attn: Daniel Besikof, Esq., dbesikof@loeb.com and Bethany Simmons, Esq., bsimmons@loeb.com), and (b) Gellert, Scali, Busenkell & Brown, LLC, 1201 N. Orange Street, Suite 300, Wilmington, Delaware 19801 (Attn: Ronald Gellert, Esq., rgellert@gsbblaw.com). Ronald Gellert (DE 4259) 1201 N. Orange Street, Suite 300 Wilmington, Delaware 19801

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IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE In re: Chapter 11 ADARA ENTERPRISES CORP.,1 Case No. 21-10736 (JKS) Debtor. RE: D.I. 15, 16, 42, 43, 77, 100 Hearing Date: June 9, 2021 at 11:00 am (ET) NOTICE OF FILING OF AMENDED PREPACKAGED CHAPTER 11 PLAN OF REORGANIZATION OF ADARA ENTERPRISES CORP. PLEASE TAKE NOTICE that on April 22, 2021, the debtor and debtor in possession (the “Debtor”) filed the Prepackaged Chapter 11 Plan of Reorganization of Adara Enterprises Corp. [D.I. 15] (the “Original Plan”) and Disclosure Statement for the Prepackaged Plan of Reorganization of Adara Enterprises Corp. [D.I. 16] (the “Disclosure Statement”) with the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”). PLEASE TAKE FURTHER NOTICE that on April 27, 2021, the Bankruptcy Court entered the Order (I) Scheduling a Combined Hearing On (A) Adequacy Of Disclosure Statement, (B) Confirmation Of Plan, and (C) The Assumption Of Executory Contracts and Cure Amounts; (Ii) Approving Form and Manner Of Notice Of (A) Combined Hearing, (B) Commencement Of Chapter 11 Case, and (C) Assumption Of Executory Contracts and Cure Amounts Related Thereto, and Objection Deadlines; (III) Establishing Procedures For Objecting To (A) Disclosure Statement, (B) Plan, and (C) Proposed Assumption or Rejection Of Executory Contracts and Cure 1 The last four digits of the Debtor’s federal tax identification number are 8502. The Debtor’s address is 411 E 57th Street Suite 1-A, New York, New York 10022.

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Amounts; (IV) Conditionally Directing The United States Trustee Not To Convene a Section 341 Meeting Of Creditors; and (V) Granting Related Relief [D.I. 42] (the “Confirmation Procedures Order”), which set certain deadlines with respect to approval of the Disclosure Statement and confirmation of the Original Plan. PLEASE TAKE FURTHER NOTICE that the Debtor, with the consent to of the parties to the Restructuring Support Agreement, has exercised its right to amend the Original Plan. A copy of the Amended Prepackaged Chapter 11 Plan of Reorganization of Adara Enterprises Corp. (the “Amended Plan”) is attached hereto as Exhibit 1. A blackline of the Amended Plan marked against the Original Plan is attached hereto as Exhibit 2. PLEASE TAKE FURTHER NOTICE that, in accordance with the Confirmation Procedures Order, the Debtor will seek approval of the Disclosure Statement and confirmation of the Amended Plan at a hearing scheduled for June 9, 2021 at 11:00 a.m. (prevailing Eastern Time) before the Honorable J. Kate Stickles at the United States Bankruptcy Court for the District of Delaware, 824 Market Street, 3rd Floor, Courtroom No. 7, Wilmington, Delaware 19801. PLEASE TAKE FURTHER NOTICE that copies of the Amended Plan, Disclosure Statement and Plan Supplement may be obtained by visiting the Bankruptcy Court’s website at www.deb.uscourts.gov, or free of charge by visiting the website maintained by the Debtor’s claims and noticing agent, Donlin Recano & Company, Inc. at www.donlinrecano.com/aec. Copies of the Amended Plan, Disclosure Statement and Plan Supplement may also be obtained by contacting the Claims Agent at 1-866-406-2286, or by contacting Debtor’s counsel, (a) Loeb & Loeb LLP, 345 Park Avenue, New York, New York 10154 (Attn: Daniel Besikof, Esq., dbesikof@loeb.com and Bethany Simmons, Esq., bsimmons@loeb.com), and (b) Gellert, Scali, Busenkell & Brown,

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LLC, 1201 N. Orange Street, Suite 300, Wilmington, Delaware 19801 (Attn: Ronald Gellert, Esq., rgellert@gsbblaw.com). Dated: June 2, 2021 Wilmington, Delaware GELLERT SCALI BUSENKELL & BROWN LLC /s/ Ronald S. Gellert Ronald Gellert (DE 4259) 1201 N. Orange Street, Suite 300 Wilmington, Delaware 19801 Telephone: (302) 425-5800 Facsimile: (302) 425-5814 Email: rgellert@sgbblaw.com – and – LOEB & LOEB LLP Daniel B. Besikof (admitted pro hac vice) Bethany D. Simmons (admitted pro hac vice) 345 Park Avenue New York, New York 10154 Telephone: (212) 407-4000 Facsimile: (646) 417-6335 Email: dbesikof@loeb.com; bsimmons@loeb.com Counsel to the Debtor and Debtor in Possession

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