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Full title: Exhibit(s) Notice of (1) Revised Proposed Final Order on Debtor's Motion for Interim and Final Orders (I) Authorizing the Debtor to Utilize Cash Collateral; (II) Granting Adequate Protection to the Prepetition Secured Parties; (III) Authorizing Unsecured Debtor in Possession Financing; (IV) Scheduling A Final Hearing; and (IV) Granting Related Relief; and (2) Form of Proposed DIP Promissory Note (related document(s)6, 32) Filed by Adara Enterprises Corp.. (Attachments: # 1 Exhibit A # 2 Exhibit B # 3 Exhibit C) (Gellert, Ronald) (Entered: 05/13/2021)

Document posted on May 12, 2021 in the bankruptcy, 4 pages and 0 tables.

Bankrupt11 Summary (Automatically Generated)

PLEASE TAKE FURTHER NOTICE that the final hearing on the Motion is scheduled for May 20, 2021 at 10:30 (ET) before the Honorable J. Kate Stickles in Courtroom No. 7, 3rd Floor, in the United States Bankruptcy Court located at 824 N. Market Street, Wilmington, Delaware 19801 (the “Final Hearing”). PLEASE TAKE FURTHER NOTICE that, at the Final Hearing, the Debtor will seek entry of the proposed Final Order (I) PLEASE TAKE FURTHER NOTICE that responses, if any, to the entry of the Proposed Final Order or approval of the form of DIP Promissory Note, must be filed with the United States Bankruptcy Court for the District of Delaware, 824 N. Market Street, Wilmington, Delaware 19801, on or before May 19, 2021 at 12:00 p.m. (ET) (the “Objection Deadline”) and served upon (i) the Debtor, 411 East 57th Street Suite 1-A, New York, New York 10022 (Attn: Daniel Strauss); (ii) proposed counsel for the Debtor, (a) Loeb & Loeb LLP, 345 Park Avenue, New York, New York 10154 (Attn: 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); (iii) the Office of the United States Trustee, J. Caleb Boggs Federal Building, 844 King Street, Lockbox 35, Wilmington, Delaware 19801 (Attn: Joseph McMahon, Esq., joseph.mcmahon@usdoj.gov); (iv) counsel to ESW Holdings, Inc., (a) Goulston & Storrs PC, 885 Third Avenue, 18th Floor, New York, New York 10022and (b) Morris, Nichols, Arsht & Tunnell LLP, 1201 N. Market Street, 16th Floor, P.O. Box 1347, Wilmington, Delaware 19899 (Attn: Derek C. Abbott, Esq., DAbbott@MNAT.com); (v) counsel to GlassBridge Enterprises, Inc., The Rosner Law Group, 824 N. Market Street, Suite 810, Wilmington, Delaware 19801 (Attn: Frederick R. Rosner, Esq., rosner@teamrosner.com); and (vi) counsel to the official committee of unsecured creditors appointed in this Chapter 11 Case, if any.

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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. 6 & 32 Hearing Date: May 20, 2021 at 10:30 am (ET) Objection Deadline: May 19, 2021 at 12:00 pm (ET) NOTICE OF (1) REVISED PROPOSED FINAL ORDER ON DEBTOR’S MOTION FOR INTERIM AND FINAL ORDERS (I) AUTHORIZING THE DEBTOR TO UTILIZE CASH COLLATERAL; (II) GRANTING ADEQUATE PROTECTION TO THE PREPETITION SECURED PARTIES; (III) AUTHORIZING UNSECURED DEBTOR IN POSSESSION FINANCING; (IV) SCHEDULING A FINAL HEARING; AND (IV) GRANTING RELATED RELIEF; AND (2) FORM OF PROPOSED DIP PROMISSORY NOTE PLEASE TAKE NOTICE that on April 22, 2021, the debtor and debtor in possession (the “Debtor”) filed the Debtor’s Motion For Interim and Final Orders (I) Authorizing the Debtor to Utilize Cash Collateral; (II) Granting Adequate Protection to the Prepetition Secured Parties; (III) Authorizing Unsecured Debtor in Possession Financing; (IV) Scheduling A Final Hearing; and (IV) Granting Related Relief [D.I. 6] (the “Motion”) with the United States Bankruptcy Court for the District of Delaware (the “Court”). PLEASE TAKE FURTHER NOTICE that the Court held an interim hearing on the Motion on April 26, 2021 and entered the Interim Order (I) Authorizing the Debtor to Utilize Cash Collateral; (II) Granting Adequate Protection to the Prepetition Secured Parties; (III) Authorizing 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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Unsecured Debtor in Possession Financing; (IV) Scheduling A Final Hearing; and (IV) Granting Related Relief [D.I. 32] (the “Interim Order”). PLEASE TAKE FURTHER NOTICE that the final hearing on the Motion is scheduled for May 20, 2021 at 10:30 (ET) before the Honorable J. Kate Stickles in Courtroom No. 7, 3rd Floor, in the United States Bankruptcy Court located at 824 N. Market Street, Wilmington, Delaware 19801 (the “Final Hearing”). PLEASE TAKE FURTHER NOTICE that, at the Final Hearing, the Debtor will seek entry of the proposed Final Order (I) Authorizing the Debtor to Utilize Cash Collateral; (II) Granting Adequate Protection to the Prepetition Secured Parties; (III) Authorizing Unsecured Debtor in Possession Financing; (IV) Scheduling A Final Hearing; and (IV) Granting Related Relief that is attached hereto as Exhibit A (the “Proposed Final Order”). A redline comparing the Interim Order to the Proposed Final Order is attached hereto as Exhibit B. PLEASE TAKE FURTHER NOTICE that the Interim Order authorized, but did not direct, the Debtor to enter into a DIP Promissory Note (as that term is defined in the Interim Order). The Debtor has determined to enter into such DIP Promissory Note. At the Final Hearing, the Debtor will seek approval of the form of the DIP Promissory Note attached hereto as Exhibit C, and which will be Exhibit 1 to the Proposed Final Order. PLEASE TAKE FURTHER NOTICE that responses, if any, to the entry of the Proposed Final Order or approval of the form of DIP Promissory Note, must be filed with the United States Bankruptcy Court for the District of Delaware, 824 N. Market Street, Wilmington, Delaware 19801, on or before May 19, 2021 at 12:00 p.m. (ET) (the “Objection Deadline”) and served upon (i) the Debtor, 411 East 57th Street Suite 1-A, New York, New York 10022 (Attn: Daniel Strauss); (ii) proposed counsel for the Debtor, (a) Loeb & Loeb LLP, 345 Park Avenue, New York, New

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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); (iii) the Office of the United States Trustee, J. Caleb Boggs Federal Building, 844 King Street, Lockbox 35, Wilmington, Delaware 19801 (Attn: Joseph McMahon, Esq., joseph.mcmahon@usdoj.gov); (iv) counsel to ESW Holdings, Inc., (a) Goulston & Storrs PC, 885 Third Avenue, 18th Floor, New York, New York 10022 (Attn: Trevor Hoffmann, Esq. thoffmann@goulstonstorrs.com) and (b) Morris, Nichols, Arsht & Tunnell LLP, 1201 N. Market Street, 16th Floor, P.O. Box 1347, Wilmington, Delaware 19899 (Attn: Derek C. Abbott, Esq., DAbbott@MNAT.com); (v) counsel to GlassBridge Enterprises, Inc., The Rosner Law Group, 824 N. Market Street, Suite 810, Wilmington, Delaware 19801 (Attn: Frederick R. Rosner, Esq., rosner@teamrosner.com); and (vi) counsel to the official committee of unsecured creditors appointed in this Chapter 11 Case, if any. Dated: May 13, 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

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Facsimile: (646) 417-6335 Email: dbesikof@loeb.com; bsimmons@loeb.com Proposed Counsel to the Debtor and Debtor in Possession

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