Mangrove Partners IM LLC Buys New Stake in Emmis Acquisition Corp. $EMISU

Mangrove Partners IM LLC bought a new position in Emmis Acquisition Corp. (NASDAQ:EMISU) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 200,000 shares of the company’s stock, valued at approximately $1,997,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Harraden Circle Investments LLC bought a new stake in Emmis Acquisition during the third quarter valued at about $6,241,000. Radcliffe Capital Management L.P. acquired a new stake in shares of Emmis Acquisition in the third quarter valued at about $4,743,000. Wolverine Asset Management LLC bought a new position in shares of Emmis Acquisition in the third quarter worth about $4,176,000. Crossingbridge Advisors LLC bought a new position in shares of Emmis Acquisition in the third quarter worth about $3,494,000. Finally, Context Capital Management LLC acquired a new position in shares of Emmis Acquisition during the 3rd quarter worth about $2,996,000.

Emmis Acquisition Stock Up 0.2%

Shares of NASDAQ:EMISU opened at $10.04 on Friday. The firm’s 50 day simple moving average is $10.04. Emmis Acquisition Corp. has a twelve month low of $9.98 and a twelve month high of $11.11.

Emmis Acquisition 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.