Heights Capital Management Inc. Purchases Shares of 350,000 Emmis Acquisition Corp. $EMISU

Heights Capital Management Inc. acquired a new stake in Emmis Acquisition Corp. (NASDAQ:EMISU) during the third quarter, Holdings Channel reports. The institutional investor acquired 350,000 shares of the company’s stock, valued at approximately $3,493,000. Emmis Acquisition accounts for 1.0% of Heights Capital Management Inc.’s portfolio, making the stock its 19th largest position.

Several other institutional investors have also recently modified their holdings of the company. Virtu Financial LLC acquired a new stake in shares of Emmis Acquisition during the third quarter worth about $565,000. Schonfeld Strategic Advisors LLC acquired a new position in Emmis Acquisition in the 3rd quarter worth approximately $867,000. DLD Asset Management LP purchased a new position in Emmis Acquisition during the 3rd quarter worth approximately $998,000. Deltec Asset Management LLC purchased a new position in Emmis Acquisition during the 3rd quarter worth approximately $998,000. Finally, Yakira Capital Management Inc. acquired a new stake in Emmis Acquisition during the 3rd quarter valued at approximately $1,255,000.

Emmis Acquisition Trading Up 0.2%

EMISU stock opened at $10.04 on Wednesday. The company has a fifty day simple moving average of $10.04. Emmis Acquisition Corp. has a 12 month low of $9.98 and a 12 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.