GABELLI & Co INVESTMENT ADVISERS INC. Invests $1.57 Million in Emmis Acquisition Corp. $EMISU

GABELLI & Co INVESTMENT ADVISERS INC. bought a new position in Emmis Acquisition Corp. (NASDAQ:EMISU) during the third quarter, according to its most recent filing with the SEC. The firm bought 157,100 shares of the company’s stock, valued at approximately $1,569,000.

Several other hedge funds have also bought and sold shares of the business. Deltec Asset Management LLC bought a new position in Emmis Acquisition in the 3rd quarter valued at about $998,000. ATW Spac Management LLC bought a new stake in Emmis Acquisition during the 3rd quarter worth approximately $1,747,000. Highbridge Capital Management LLC purchased a new stake in shares of Emmis Acquisition in the third quarter worth approximately $2,196,000. Context Capital Management LLC bought a new position in shares of Emmis Acquisition in the third quarter valued at approximately $2,996,000. Finally, Wolverine Asset Management LLC bought a new position in shares of Emmis Acquisition in the third quarter valued at approximately $4,176,000.

Emmis Acquisition Stock Performance

Shares of NASDAQ:EMISU opened at $10.04 on Friday. The firm’s 50 day moving average is $10.04. Emmis Acquisition Corp. has a 12-month low of $9.98 and a 12-month high of $11.11.

Emmis Acquisition Profile

We are a blank check company incorporated as a Cayman Islands exempted company whose business purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us.