Linden Advisors LP Makes New $7.49 Million Investment in Emmis Acquisition Corp. $EMISU

Linden Advisors LP purchased a new stake in shares of Emmis Acquisition Corp. (NASDAQ:EMISU) in the third quarter, according to its most recent disclosure with the SEC. The firm purchased 750,000 shares of the company’s stock, valued at approximately $7,485,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Harraden Circle Investments LLC acquired a new stake in shares of Emmis Acquisition in the third quarter valued at $6,241,000. AQR Arbitrage LLC acquired a new position in Emmis Acquisition during the third quarter worth about $5,988,000. Polar Asset Management Partners Inc. acquired a new position in Emmis Acquisition during the third quarter worth about $5,242,000. Radcliffe Capital Management L.P. bought a new stake in Emmis Acquisition in the third quarter worth about $4,743,000. Finally, Wolverine Asset Management LLC bought a new stake in Emmis Acquisition in the third quarter worth about $4,176,000.

Emmis Acquisition Price Performance

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

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.