Peter Goldstein - 24 Sep 2025 Form 3 Insider Report for Emmis Acquisition Corp. (EMIS)

Role: CEO, Director, 10%+ Owner
Signature: /s/ Peter Goldstein
Issuer symbol: EMIS
Transactions as of: 24 Sep 2025
Net transactions value: $0
Form type: 3
Filing time: 24 Sep 2025, 18:38:23 UTC
Previous filing: 28 Jul 2021
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
GOLDSTEIN PETER	CEO, Director, 10%+ Owner	C/O EMMIS ACQUISITION CORP., 515 E LAS OLAS BLVD, SUITE 120, FORT LAUDERDALE	/s/ Peter Goldstein	24 Sep 2025	0001275556

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	EMIS	Class B Ordinary Shares							24 Sep 2025	Class A Ordinary Shares	3,833,333		See footnote	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	As described in the registration statement on Form S-1 (File No. 333-288530) of Emmis Acquisition Corp. (the "Issuer") under the heading "Description of Securities-Founder Shares," the Class B ordinary shares ("Founder Shares") will automatically convert into shares of Class A ordinary shares at the time of the Issuer's initial business combination, or at any time prior to the Issuer's initial business combination, at the option of the holder, on a one-for-one basis, subject to certain adjustments. The Class B ordinary shares have no expiration date.
F2	These shares represent the Founder Shares held by Emmis Capital Sponsor LLC(the "Sponsor"). The Founder Shares include up to 500,000 shares that are subject to forfeiture in the event the underwriters of the Issuer's initial public offering do not exercise in full their over-allotment option as described in the Issuer's registration statement. Peter Goldstein is the sole managing member of the Sponsor and holds voting and investment discretion with respect to the ordinary shares held of record by the Sponsor. As such, each of the Sponsor and Peter Goldstein may be deemed to share beneficial ownership of the ordinary shares held of record by the Sponsor and each disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly.

Content

As described in the registration statement on Form S-1 (File No. 333-288530) of Emmis Acquisition Corp. (the "Issuer") under the heading "Description of Securities-Founder Shares," the Class B ordinary shares ("Founder Shares") will automatically convert into shares of Class A ordinary shares at the time of the Issuer's initial business combination, or at any time prior to the Issuer's initial business combination, at the option of the holder, on a one-for-one basis, subject to certain adjustments. The Class B ordinary shares have no expiration date.

These shares represent the Founder Shares held by Emmis Capital Sponsor LLC(the "Sponsor"). The Founder Shares include up to 500,000 shares that are subject to forfeiture in the event the underwriters of the Issuer's initial public offering do not exercise in full their over-allotment option as described in the Issuer's registration statement. Peter Goldstein is the sole managing member of the Sponsor and holds voting and investment discretion with respect to the ordinary shares held of record by the Sponsor. As such, each of the Sponsor and Peter Goldstein may be deemed to share beneficial ownership of the ordinary shares held of record by the Sponsor and each disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly.