Clear Street Group Inc. Purchases Shares of 249,700 Emmis Acquisition Corp. $EMIS

Clear Street Group Inc. purchased a new stake in Emmis Acquisition Corp. (NASDAQ:EMIS) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 249,700 shares of the company’s stock, valued at approximately $2,485,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. ABC Arbitrage SA purchased a new stake in shares of Emmis Acquisition in the fourth quarter valued at approximately $398,000. DLD Asset Management LP purchased a new stake in shares of Emmis Acquisition during the fourth quarter worth approximately $1,051,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in shares of Emmis Acquisition during the fourth quarter worth approximately $1,097,000. Gabelli Funds LLC purchased a new stake in shares of Emmis Acquisition during the fourth quarter worth approximately $1,343,000. Finally, GABELLI & Co INVESTMENT ADVISERS INC. purchased a new stake in shares of Emmis Acquisition during the fourth quarter worth approximately $1,563,000.

Emmis Acquisition Price Performance

Shares of EMIS opened at $10.15 on Monday. Emmis Acquisition Corp. has a one year low of $9.90 and a one year high of $10.15. The stock’s 50 day moving average price is $10.10.

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.