Heights Capital Management Inc. Takes $3.49 Million Position in Emmis Acquisition Corp. $EMISU

Heights Capital Management Inc. bought a new position in shares of Emmis Acquisition Corp. (NASDAQ:EMISU) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 350,000 shares of the company’s stock, valued at approximately $3,493,000. Emmis Acquisition comprises 1.0% of Heights Capital Management Inc.’s holdings, making the stock its 19th biggest position.

Several other hedge funds also recently added to or reduced their stakes in EMISU. Linden Advisors LP acquired a new position in Emmis Acquisition during the 3rd quarter valued at about $7,485,000. Harraden Circle Investments LLC acquired a new stake in Emmis Acquisition in the third quarter worth about $6,241,000. AQR Arbitrage LLC purchased a new stake in shares of Emmis Acquisition during the third quarter worth about $5,988,000. Polar Asset Management Partners Inc. purchased a new stake in shares of Emmis Acquisition during the third quarter worth about $5,242,000. Finally, Radcliffe Capital Management L.P. acquired a new position in shares of Emmis Acquisition during the third quarter valued at about $4,743,000.

Emmis Acquisition Stock Up 0.2%

Shares of Emmis Acquisition stock opened at $10.04 on Wednesday. The firm has a 50 day 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.