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Emmis Acquisition Corp. (NASDAQ: EMISU) has successfully completed its initial public offering (IPO) of 11,500,000 units at $10.00 per unit, raising gross proceeds of $115 million. Each unit comprises one Class A ordinary share and one Share Right to receive 1/10th of a Class A ordinary share upon business combination completion.
The units began trading on Nasdaq on September 25, 2025, under "EMISU". The Class A ordinary shares and Share Rights will later trade separately under "EMIS" and "EMISR". The company, led by CEO Peter Goldstein and CFO David Lowenstein, is a blank check company focusing on industrial services, manufacturing, transportation, distribution, and technology sectors.
Emmis Acquisition Corp. (NASDAQ:EMISU) has announced the pricing of its initial public offering of 10,000,000 units at $10.00 per unit. Each unit comprises one Class A ordinary share and one Share Right to receive 1/10th of a Class A ordinary share upon business combination completion.
Trading will commence on September 25, 2025, on the Nasdaq Global Market under "EMISU". Once separate trading begins, shares and rights will trade under "EMIS" and "EMISR" respectively. The company has granted underwriters a 45-day option to purchase up to 1.5 million additional units for over-allotments.
This blank check company, led by CEO Peter Goldstein and CFO David Lowenstein, aims to pursue business combinations in industrial services, manufacturing, transportation, distribution, and technology sectors.
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