Emmis Capital Sponsor LLC - 26 Sep 2025 Form 4 Insider Report for Emmis Acquisition Corp. (EMIS)

Role: 10%+ Owner
Signature: /s/ Peter Goldstein Authorized Signatory of Emmis Capital Sponsor LLC
Issuer symbol: EMIS
Transactions as of: 26 Sep 2025
Net transactions value: +$3,100,000
Form type: 4
Filing time: 30 Sep 2025, 10:59:38 UTC
Previous filing: 25 Sep 2025
SEC: View on sec.gov

Reporting Owners (2)

Name	Relationship	Address	Signature	Signature date	CIK
Emmis Capital Sponsor LLC	10%+ Owner	C/O EMMIS ACQUISITION CORP., 515 E LAS OLAS BLVD, SUITE 120, FORT LAUDERDALE	/s/ Peter Goldstein Authorized Signatory of Emmis Capital Sponsor LLC	30 Sep 2025	0002075117
GOLDSTEIN PETER	CEO, Director	C/O EMMIS ACQUISITION CORP., 515 E LAS OLAS BLVD, SUITE 120, FORT LAUDERDALE	/s/ Peter Goldstein	30 Sep 2025	0001275556

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EMIS	Class A Ordinary Shares	Purchase	$3,100,000	+310,000		$10.00	310,000	26 Sep 2025	Direct	F1

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
transaction	EMIS	Rights to receive Class A Ordinary Shares	Purchase		+310,000	+8.7%		3,864,333	26 Sep 2025	Class A Ordinary Shares	310,000		Direct	F2, F3

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

Explanation of Responses:

Id	Content
F1	Reflects the 310,00 class A ordinary shares of Emmis Acquisition Corp. (the "Issuer") that are included in the 310,000 private placement units of the Issuer purchased by Emmis Capital Sponsor LLC ("Sponsor"). Each private placement unit was purchased for $10 per unit and consists of one Class A ordinary share and one right to receive one-tenth (1/10) of one Class A ordinary share upon consummation of the Issuer's initial business combination.
F2	Represents the 31,000 Class A ordinary shares, which may be acquired by Sponsor upon the conversion of 310,000 rights (included in the Sponsor's private placement units) upon consummation of the registrant's initial business combination. As described in the Registration Statement under the heading "Description of Securities-Share Rights," each right will automatically convert into one-tenth (1/10) of one Class A ordinary share upon consummation of the Issuer's initial business combination, subject to certain adjustments described therein and have no expiration date. No fractional Class A ordinary shares will be issued upon conversion of such rights.
F3	Represents (i) the 310,000 rights referred to in footnotes 1 and 3 and (ii) 3,833,333 Class B ordinary shares held by the Sponsor acquired pursuant to a subscription agreement by and between the Issuer and the Sponsor.