Mangrove Partners IM LLC bought a new position in shares of Emmis Acquisition Corp. (NASDAQ:EMIS – Free Report) in the 4th quarter, Holdings Channel.com reports. The firm bought 500,000 shares of the company’s stock, valued at approximately $4,975,000. Emmis Acquisition accounts for approximately 0.4% of Mangrove Partners IM LLC’s portfolio, making the stock its 25th largest holding.
Several other institutional investors have also recently made changes to their positions in the business. Glazer Capital LLC purchased a new stake in shares of Emmis Acquisition during the fourth quarter worth about $7,878,000. Mint Tower Capital Management B.V. bought a new position in Emmis Acquisition during the fourth quarter valued at approximately $4,975,000. Wolverine Asset Management LLC bought a new position in Emmis Acquisition during the fourth quarter valued at approximately $4,876,000. Crossingbridge Advisors LLC bought a new position in Emmis Acquisition during the fourth quarter valued at approximately $3,479,000. Finally, Periscope Capital Inc. bought a new position in Emmis Acquisition during the fourth quarter valued at approximately $3,049,000.
Emmis Acquisition Price Performance
Shares of Emmis Acquisition stock opened at $10.20 on Wednesday. The company’s 50 day moving average price is $10.11. Emmis Acquisition Corp. has a 12 month low of $9.90 and a 12 month high of $10.15.
Emmis Acquisition Company 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.
Read More
- Five stocks we like better than Emmis Acquisition
- Gravity Check: Houston, SpaceX Has a Valuation Problem
- Strategy’s Bitcoin Rally Has a Hidden Engine
- Okta’s AI Moment May Be Bigger Than Investors Realize
- 3 Rate-Ready Stocks for the New Fed Chair’s First Big Test
Want to see what other hedge funds are holding EMIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Emmis Acquisition Corp. (NASDAQ:EMIS – Free Report).
Receive News & Ratings for Emmis Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emmis Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.
