Emmis Acquisition Corp.

Item 8.01. Other Events. On September 26, 2025, Emmis Acquisition Corp. (the “Company”) consummated its initial public offering (“IPO”) of 11,500,000 units (the “Units”), including 1,500,000 Units issued pursuant to the full exercise of the underwriters’ over-allotment option. Each Unit consists of one Class A ordinary share of the Company, par value $0.0001 per share (the “Class A Ordinary Shares”), and one right to receive one-tenth (1/10) of one Class A Ordinary Share upon the consummation of the Company’s initial business combination (each, a “Share Right”). The Units were sold at a price of $10.00 per Unit, generating gross proceeds to the Company of $115,000,000. Simultaneously with the closing of the IPO, the Company completed the private sale (the “Private Placement”) of an aggregate of 367,500 Units (the “Private Placement Units”). 310,000 Private Placement Units were sold to Emmis Capital Sponsor LLC, the Company’s sponsor, and 57,500 Private Placement Units were sold I-Bankers Securities Inc (and their designees) in each case at a purchase price of $10.00 per Private Placement Unit, generating gross proceeds to the Company of $3,675,000. A total of $115,000,000, or $10.00 per Unit, comprised of the net proceeds from the IPO and the proceeds of the sale of the Private Placement Units, was placed in a U.S.-based trust account maintained by Equiniti Trust Company LLC, acting as trustee. An audited balance sheet as of September 26, 2025 reflecting the receipt of the proceeds from the IPO and the Private Placement has been issued by the Company and is included as Exhibit 99.1 to this Current Report on Form 8-K.