Crossingbridge Advisors LLC Purchases New Stake in Emmis Acquisition Corp. $EMISU

Crossingbridge Advisors LLC acquired a new position in shares of Emmis Acquisition Corp. (NASDAQ:EMISU) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 350,000 shares of the company’s stock, valued at approximately $3,494,000. Emmis Acquisition makes up 1.6% of Crossingbridge Advisors LLC’s portfolio, making the stock its 17th largest holding.

Several other hedge funds and other institutional investors also recently modified their holdings of EMISU. Deltec Asset Management LLC acquired a new stake in shares of Emmis Acquisition in the 3rd quarter valued at about $998,000. Yakira Capital Management Inc. acquired a new position in Emmis Acquisition in the third quarter worth about $1,255,000. Gabelli Funds LLC acquired a new position in Emmis Acquisition in the third quarter worth about $1,348,000. GABELLI & Co INVESTMENT ADVISERS INC. bought a new stake in Emmis Acquisition in the third quarter valued at about $1,569,000. Finally, ATW Spac Management LLC acquired a new stake in Emmis Acquisition during the third quarter valued at approximately $1,747,000.

Emmis Acquisition Stock Performance

NASDAQ:EMISU opened at $10.04 on Monday. The business’s 50 day moving average price is $10.04. Emmis Acquisition Corp. has a 52 week low of $9.98 and a 52 week 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.