Tom Finke, Chairman of the Adara Acquisition Corp, explains his motivation for getting on the SPAC bandwagon and identifies what to look for in SPACs.
Adara Acquisition Corp., a newly incorporated blank check company, today announced the pricing of its initial public offering of 10,000,000 units at a price of $10.00 per unit. The company is led by its Chairman, Thomas Finke, (former Chairman and CEO of Barings LLC), its CEO and director, Martin A. Sumichrast (Co-CEO of cbdMD, Inc.), and its director, W. Tom Donaldson (founder of Blystone & Donaldson).