Mint Tower Capital Management B.V. Takes $4.98 Million Position in Emmis Acquisition Corp. $EMIS

Mint Tower Capital Management B.V. purchased a new stake in shares of Emmis Acquisition Corp. (NASDAQ:EMIS) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 500,000 shares of the company’s stock, valued at approximately $4,975,000. Emmis Acquisition accounts for approximately 0.6% of Mint Tower Capital Management B.V.’s holdings, making the stock its 24th biggest holding.

Several other institutional investors have also recently made changes to their positions in the company. Periscope Capital Inc. purchased a new stake in shares of Emmis Acquisition during the 4th quarter valued at approximately $3,049,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in Emmis Acquisition in the 4th quarter valued at about $1,097,000. GABELLI & Co INVESTMENT ADVISERS INC. purchased a new stake in Emmis Acquisition in the 4th quarter valued at about $1,563,000. Gabelli Funds LLC purchased a new stake in Emmis Acquisition in the 4th quarter valued at about $1,343,000. Finally, ABC Arbitrage SA purchased a new stake in Emmis Acquisition in the 4th quarter valued at about $398,000.

Emmis Acquisition Stock Performance

Shares of EMIS opened at $10.15 on Friday. Emmis Acquisition Corp. has a 12-month low of $9.90 and a 12-month high of $10.15. The firm has a 50-day moving average of $10.10.

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.