Lineage Point Capital LP Invests $2.24 Million in Emmis Acquisition Corp. $EMIS

Lineage Point Capital LP purchased a new position in shares of Emmis Acquisition Corp. (NASDAQ:EMIS) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 225,000 shares of the company’s stock, valued at approximately $2,243,000.

A number of other large investors have also recently made changes to their positions in the company. Glazer Capital LLC purchased a new stake in Emmis Acquisition in the 4th quarter worth about $7,878,000. Aristeia Capital L.L.C. bought a new stake in Emmis Acquisition in the fourth quarter worth about $5,574,000. Mint Tower Capital Management B.V. purchased a new position in shares of Emmis Acquisition during the fourth quarter valued at approximately $4,975,000. Mangrove Partners IM LLC purchased a new position in shares of Emmis Acquisition during the fourth quarter valued at approximately $4,975,000. Finally, Radcliffe Capital Management L.P. bought a new position in shares of Emmis Acquisition during the fourth quarter valued at approximately $4,976,000.

Emmis Acquisition Trading Down 0.3%

Shares of NASDAQ EMIS opened at $10.12 on Friday. Emmis Acquisition Corp. has a fifty-two week low of $9.90 and a fifty-two week high of $10.15. The business has a 50 day simple moving average of $10.11.

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.