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Emmis Acquisition Corp. Announces the Pricing of $100,000,000 Initial Public Offering
Globenewswireยท2025-09-25 00:20

Company Overview - Emmis Acquisition Corp. is a blank check company formed to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses [3] - The company may pursue acquisition opportunities across various industries, focusing on industrial and business services, manufacturing, transportation, distribution, and technology sectors [3] Initial Public Offering (IPO) Details - The company announced the pricing of its initial public offering of 10,000,000 units at a price of $10.00 per unit, with trading expected to begin on September 25, 2025, under the ticker symbol "EMISU" [2] - Each unit consists of one Class A ordinary share and one right to receive one-tenth of a Class A ordinary share upon the consummation of an initial business combination [2] - An amount equal to $10.00 per unit will be deposited into a trust account upon the closing of the offering, which is expected to close on September 26, 2025, subject to customary closing conditions [2] - The underwriters have been granted a 45-day option to purchase up to an additional 1,500,000 units at the initial public offering price to cover over-allotments [2] Management Team - The management team is led by Peter Goldstein, Chief Executive Officer and Director, and David Lowenstein, Chief Financial Officer and Director [4] - The Board includes Anna C Mallon, Low Koon Poh, and Seth Farbman [4] - I-Bankers Securities, Inc. and IB Capital LLC are acting as book-running managers for the offering [4]