$EMIS
Emmis Acquisition Corp.
CIK:0002075816|SEC Filings
Condensed Statements of Operations (Unaudited) - USD ($) |
3 Months Ended | 6 Months Ended | ||||||
|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2025 |
Jun. 30, 2026 |
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| General and administrative costs | $ 142,151 | $ 22,780 | $ 22,780 | $ 307,640 | ||||
| Loss from operations | (142,151) | (22,780) | (22,780) | (307,640) | ||||
| Other income: | ||||||||
| Interest earned on cash and marketable securities held in Trust Account | 891,039 | 2,029,762 | ||||||
| Other income | 891,039 | 2,029,762 | ||||||
| Net Income (loss) | $ 748,888 | $ (22,780) | $ (22,780) | $ 1,722,122 | ||||
| Class A Ordinary Shares | ||||||||
| Other income: | ||||||||
| Basic weighted average shares outstanding | 11,942,500 | 11,942,500 | ||||||
| Diluted weighted average shares outstanding | 11,942,500 | 11,942,500 | ||||||
| Basic net income (loss) per ordinary share | $ 0.05 | $ 0.11 | ||||||
| Diluted net income (loss) per ordinary share | $ 0.05 | $ 0.11 | ||||||
| Class B Ordinary Shares | ||||||||
| Other income: | ||||||||
| Basic weighted average shares outstanding | [1],[2] | 3,833,333 | 3,333,333 | 3,333,333 | 3,833,333 | |||
| Diluted weighted average shares outstanding | [1],[2] | 3,833,333 | 3,333,333 | 3,333,333 | 3,833,333 | |||
| Basic net income (loss) per ordinary share | $ 0.05 | $ (0.01) | $ (0.01) | $ 0.11 | ||||
| Diluted net income (loss) per ordinary share | $ 0.05 | $ (0.01) | $ (0.01) | $ 0.11 | ||||
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Condensed Balance Sheets - USD ($) |
Jun. 30, 2026 |
Dec. 31, 2025 |
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|---|---|---|---|---|---|---|
| Current assets: | ||||||
| Cash | $ 708,065 | $ 947,868 | ||||
| Due from sponsor | 19,100 | 19,110 | ||||
| Prepaid expenses | 163,618 | 170,223 | ||||
| Total Current Assets | 890,783 | 1,137,201 | ||||
| Non-current assets: | ||||||
| Long term prepaid insurance | 34,045 | |||||
| Cash and marketable securities held in Trust Account | 118,179,368 | 116,149,606 | ||||
| Total non-current assets | 118,179,368 | 116,183,651 | ||||
| TOTAL ASSETS | 119,070,151 | 117,320,852 | ||||
| Current liabilities: | ||||||
| Accrued expense | 48,884 | 21,707 | ||||
| Accrued offering costs | 75,000 | 75,000 | ||||
| Total current liabilities | 123,884 | 96,707 | ||||
| Total Liabilities | 123,884 | 96,707 | ||||
| Commitments and Contingencies | ||||||
| Shareholders’ Equity | ||||||
| Preference shares, $0.0001 par value per share; 1,000,000 shares authorized; no shares issued or outstanding at June 30, 2026 and December 31, 2025 | ||||||
| Additional paid-in capital | 233,554 | |||||
| Retained earnings | 766,471 | 840,557 | ||||
| Total Shareholders’ Equity | 766,899 | 1,074,539 | ||||
| Total Liabilities and Shareholders’ Equity | 119,070,151 | 117,320,852 | ||||
| Class A Ordinary Shares | ||||||
| Current liabilities: | ||||||
| Class A ordinary shares subject to possible redemption, 11,500,000 shares at redemption value of $10.28 and $10.10 per share as of June 30, 2026 and December 31, 2025, respectively | 118,179,368 | 116,149,606 | ||||
| Shareholders’ Equity | ||||||
| Ordinary shares, value | 45 | 45 | ||||
| Class B Ordinary Shares | ||||||
| Shareholders’ Equity | ||||||
| Ordinary shares, value | [1],[2] | $ 383 | $ 383 | |||
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