04:18 AM EDT, 09/25/2025 (MT Newswires) -- Emmis Acquisition (EMIS) said late Wednesday it priced its initial public offering of 10 million units at $10 each.

IPO underwriters have a 45-day overallotment option to purchase up 1.5 million additional units, the blank-check company said.

Each unit consists of one class A share and one right to receive one-tenth of a share.

The company expects the units to begin trading on Nasdaq under the ticker symbol EMISU Thursday, while the class A shares and rights will trade under the symbols EMIS and EMISR, respectively.

The IPO is expected to close Friday.