Emmis Acquisition Corp. closes $115 million IPO with full exercise of option
PositiveFinancial Markets

Emmis Acquisition Corp. has successfully closed its $115 million initial public offering (IPO), marking a significant milestone for the company. The full exercise of the underwriters' option to purchase additional shares indicates strong investor confidence and demand. This successful IPO not only provides Emmis with the capital needed for future growth but also enhances its visibility in the market, potentially attracting more investors and partners.
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