Wolverine Asset Management LLC Makes New $4.18 Million Investment in Emmis Acquisition Corp. $EMISU

Wolverine Asset Management LLC bought a new stake in shares of Emmis Acquisition Corp. (NASDAQ:EMISU) in the third quarter, Holdings Channel reports. The institutional investor bought 418,256 shares of the company’s stock, valued at approximately $4,176,000.

Separately, Deltec Asset Management LLC bought a new position in Emmis Acquisition during the third quarter valued at $998,000.

Emmis Acquisition Price Performance

Emmis Acquisition stock opened at $10.04 on Friday. Emmis Acquisition Corp. has a 12-month low of $9.98 and a 12-month high of $11.11. The business has a 50-day moving average price of $10.04.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded shares of Emmis Acquisition to a “hold” rating in a research report on Friday, October 3rd.

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.