499,126 Shares in Emmis Acquisition Corp. $EMIS Purchased by Radcliffe Capital Management L.P.

Radcliffe Capital Management L.P. bought a new stake in Emmis Acquisition Corp. (NASDAQ:EMIS) during the fourth quarter, HoldingsChannel.com reports. The fund bought 499,126 shares of the company’s stock, valued at approximately $4,976,000.

Several other institutional investors have also recently bought and sold shares of the company. ABC Arbitrage SA acquired a new position in Emmis Acquisition during the 4th quarter worth approximately $398,000. DLD Asset Management LP acquired a new stake in shares of Emmis Acquisition in the fourth quarter valued at approximately $1,051,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new stake in shares of Emmis Acquisition in the fourth quarter worth $1,097,000. Yakira Capital Management Inc. bought a new stake in shares of Emmis Acquisition in the fourth quarter worth $1,251,000. Finally, Gabelli Funds LLC acquired a new position in Emmis Acquisition during the fourth quarter worth $1,343,000.

Emmis Acquisition Stock Up 0.5%

Emmis Acquisition stock opened at $10.20 on Wednesday. Emmis Acquisition Corp. has a 1-year low of $9.90 and a 1-year high of $10.15. The company has a fifty day simple moving average of $10.11.

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.