EMISR

Emmis Acquisition Corp. rights are derivative securities that provide holders the right to purchase shares of Emmis Acquisition Corp. common stock at a specified price. These rights were issued as part of the SPAC's unit offering and typically become exercisable upon the completion of a business combination or under other specified conditions. Rights holders can exercise their rights to acquire additional shares, subject to the terms outlined in the warrant agreement. These securities trade separately from the common stock and units, allowing investors to participate in potential upside from the SPAC's eventual business combination.