Radcliffe Capital Management L.P. acquired a new position in shares of Emmis Acquisition Corp. (NASDAQ:EMIS – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 499,126 shares of the company’s stock, valued at approximately $4,976,000.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. ABC Arbitrage SA acquired a new position in Emmis Acquisition in the fourth quarter valued at about $398,000. DLD Asset Management LP bought a new position in shares of Emmis Acquisition during the 4th quarter valued at about $1,051,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in shares of Emmis Acquisition in the 4th quarter valued at approximately $1,097,000. Yakira Capital Management Inc. acquired a new position in shares of Emmis Acquisition in the 4th quarter valued at approximately $1,251,000. Finally, Gabelli Funds LLC bought a new stake in Emmis Acquisition during the 4th quarter worth approximately $1,343,000.
Emmis Acquisition Stock Performance
Shares of EMIS stock opened at $10.20 on Wednesday. The business’s 50 day moving average is $10.11. Emmis Acquisition Corp. has a 52 week low of $9.90 and a 52 week high of $10.15.
About Emmis Acquisition
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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