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Stock impact report

Emmis Acquisition Corp. Announces Upcoming Automatic Unit Separation

Emmis Acquisition Corp. - Units (EMISU) 
Company Research Source: GlobeNewswire
New York, NY, Oct. 15, 2025 (GLOBE NEWSWIRE) -- Emmis Acquisition Corp.  (NASDAQ: EMISU) (the “Company”) announced today that, effective as of October 22, 2025, the Company’s units will no longer trade, and that the Company’s Class A ordinary shares and rights, which together comprise the units, will commence trading separately. The Class A ordinary shares and rights will be listed on the Nasdaq Global Market and trade with the ticker symbols “EMIS” and “EMISR”, respectively. This is a mandatory and automatic separation, and no action is required by the holders of units. Each unit consists of one Class A ordinary share and one right. Each right entitles the holder to receive one-tenth (1/10) of one Class A ordinary share upon the consummation of the Company’s initial business combination. In the separation, unit owners will receive the number of Class A ordinary shares underlying their units and the number of rights underlying such units.  No fractional shares will be issued upon Show less Read more
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