Mint Tower Capital Management B.V. acquired a new stake in Emmis Acquisition Corp. (NASDAQ:EMIS – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 500,000 shares of the company’s stock, valued at approximately $4,975,000. Emmis Acquisition makes up about 0.6% of Mint Tower Capital Management B.V.’s investment portfolio, making the stock its 24th largest position.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in EMIS. Wolverine Asset Management LLC purchased a new position in Emmis Acquisition in the 4th quarter valued at $4,876,000. ABC Arbitrage SA purchased a new position in Emmis Acquisition in the 4th quarter worth approximately $398,000. Gabelli Funds LLC purchased a new position in Emmis Acquisition in the 4th quarter worth approximately $1,343,000. GABELLI & Co INVESTMENT ADVISERS INC. purchased a new position in Emmis Acquisition in the 4th quarter worth approximately $1,563,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in Emmis Acquisition in the 4th quarter worth approximately $1,097,000.
Emmis Acquisition Stock Performance
EMIS opened at $10.15 on Friday. The business has a 50 day simple moving average of $10.10. Emmis Acquisition Corp. has a 1-year low of $9.90 and a 1-year high of $10.15.
Emmis Acquisition Company 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.
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