Yakira Capital Management Inc. Takes $1.26 Million Position in Emmis Acquisition Corp. $EMISU

Yakira Capital Management Inc. bought a new position in Emmis Acquisition Corp. (NASDAQ:EMISU) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 125,722 shares of the company’s stock, valued at approximately $1,255,000.

Other hedge funds also recently bought and sold shares of the company. Deltec Asset Management LLC bought a new position in Emmis Acquisition during the 3rd quarter valued at approximately $998,000. Gabelli Funds LLC bought a new stake in shares of Emmis Acquisition in the 3rd quarter worth approximately $1,348,000. GABELLI & Co INVESTMENT ADVISERS INC. purchased a new position in shares of Emmis Acquisition during the third quarter valued at approximately $1,569,000. ATW Spac Management LLC purchased a new position in shares of Emmis Acquisition during the third quarter valued at approximately $1,747,000. Finally, Highbridge Capital Management LLC bought a new position in shares of Emmis Acquisition during the third quarter valued at approximately $2,196,000.

Emmis Acquisition Stock Up 0.2%

Shares of EMISU stock opened at $10.04 on Monday. The business has a fifty day simple moving average of $10.04. Emmis Acquisition Corp. has a 52 week low of $9.98 and a 52 week 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.