# Emmis Acquisition Corp.

Emmis Acquisition Corp. is an other based in Indianapolis, United States.

## Overview

- **Organization type:** other
- **Headquarters:** Indianapolis, United States
- **Region:** North America
- **Address:** Indianapolis, IN, United States
- **Founded:** 2021
- **Assets under management:** Undisclosed
- **Website:** emmis.com
- **LinkedIn:** https://www.linkedin.com/company/emmis-acquistion

## Regulatory record

- **Reports private funds:** No

## About

Emmis Acquisition Corp. (EMIS) is a special purpose acquisition company (SPAC). | Emmis Acquisition Corp. (EMIS) is a special purpose acquisition company (SPAC), or blank check company, that was formed in 2025 to find and combine with a private business. The company recently closed its initial public offering (IPO) and plans to focus its search on businesses in the industrial, business services, manufacturing, transportation, distribution, and technology sectors, with a potential focus on North America and Southeast Asia.

## Sectors

- Media & Entertainment
- Special Purpose Acquisition Company

## People

- Jeffrey Smulyan — Chairman & CEO

## Questions

### What is the relationship between Emmis Acquisition Corp. and Emmis Communications?

Emmis Acquisition Corp. is a special purpose acquisition company formed by Jeffrey Smulyan, the founder and chairman of Emmis Communications. After Smulyan took Emmis Communications private in 2020, the SPAC became the only publicly traded entity bearing the Emmis name, though the two are legally separate. The SPAC's management team is drawn from Emmis Communications veterans, and its target universe overlaps with the media and entertainment sectors where Emmis Communications historically operated.

### Has Emmis Acquisition Corp. announced a merger target?

No. As of the most recent SEC filings in late 2023, the company had not announced or consummated a business combination. The SPAC filed to extend its deadline multiple times, reflecting the challenging market conditions for blank-check vehicles seeking targets in the media and entertainment space. The sponsor contributed additional capital to extend the timeline without a deal in place.

### What types of companies is Emmis Acquisition Corp. targeting?

The SPAC's mandate covers media, entertainment, and technology businesses. Jeffrey Smulyan's four decades in radio broadcasting, publishing, and digital content suggest the team evaluated targets across traditional broadcasting, podcasting networks, live events, and digital media platforms. No specific target sectors beyond the stated mandate have been publicly disclosed.

### How much capital did the SPAC raise, and what are its liquidation terms?

Emmis Acquisition Corp. raised $200 million in its February 2021 IPO. Like all SPACs, the trust funds are held in a custodial account and can be redeemed by shareholders if no deal is completed by the termination deadline or if they vote against a proposed merger. The trust size is a fixed constraint on the size of target the vehicle can pursue without additional PIPE financing.

## Related profiles

- [QuasarEdge Acquisition Corp](https://altss.com/profile/quasaredge-acquisition-corp)
- [EDAP TMS](https://altss.com/profile/edap-tms-sa)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/emmis-acquisition-corp

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology