305,800 Shares in Emmis Acquisition Corp. $EMIS Acquired by Periscope Capital Inc.

Periscope Capital Inc. acquired a new position in Emmis Acquisition Corp. (NASDAQ:EMIS) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 305,800 shares of the company’s stock, valued at approximately $3,049,000.

Other hedge funds also recently added to or reduced their stakes in the company. Wolverine Asset Management LLC bought a new stake in shares of Emmis Acquisition in the 4th quarter worth $4,876,000. GABELLI & Co INVESTMENT ADVISERS INC. bought a new stake in shares of Emmis Acquisition in the 4th quarter worth $1,563,000. Gabelli Funds LLC bought a new stake in shares of Emmis Acquisition in the 4th quarter worth $1,343,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new stake in shares of Emmis Acquisition in the 4th quarter worth $1,097,000. Finally, ABC Arbitrage SA bought a new stake in shares of Emmis Acquisition in the 4th quarter worth $398,000.

Emmis Acquisition Price Performance

Emmis Acquisition stock opened at $10.13 on Friday. The business has a fifty day simple moving average of $10.09. Emmis Acquisition Corp. has a 12 month low of $9.90 and a 12 month 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.