Deltec Asset Management LLC bought a new position in Emmis Acquisition Corp. (NASDAQ:EMISU – Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 100,000 shares of the company’s stock, valued at approximately $998,000.
Emmis Acquisition Stock Performance
Shares of NASDAQ:EMISU opened at $10.04 on Friday. The business has a 50 day moving average price of $10.04. Emmis Acquisition Corp. has a 52-week low of $9.98 and a 52-week high of $11.11.
Wall Street Analyst Weigh In
Separately, Wall Street Zen raised shares of Emmis Acquisition to a “hold” rating in a research report on Friday, October 3rd.
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.
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