SCHEDULE: Bank of Montreal Discloses 5.12% Stake in Emmis Acquisition

Bank of Montreal and its affiliates have disclosed a beneficial ownership of 5.12% in Emmis Acquisition Corp.'s Class A ordinary shares.

Summary

• Bank of Montreal, BANK OF MONTREAL HOLDING INC., and BMO NESBITT BURNS INC. collectively reported beneficial ownership of 530,000 Class A ordinary shares of Emmis Acquisition Corp.
• This aggregate amount represents 5.12% of the issuer's Class A ordinary shares.
• The shares are held in the ordinary course of business, primarily by the Reporting Person acting as a prime broker on behalf of certain clients.
• The acquisition of shares was not for the purpose of changing or influencing control of Emmis Acquisition Corp.
• All reporting persons share both voting and dispositive power over the 530,000 shares, with no sole voting or dispositive power reported.

Sentiment

Score: 5

Explanation: The filing is a factual disclosure of beneficial ownership and does not contain information that would inherently sway sentiment positively or negatively regarding the issuer's performance or prospects.

Risks

• The reporting persons explicitly state that the filing should not be construed as an admission that they are acting as a partnership, syndicate, or group for the purpose of acquiring, holding, or disposing of securities of the issuer, despite potentially being deemed a group for Section 13(d) or 13(g) purposes.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional holder like Bank of Montreal may be viewed positively, indicating institutional interest in Emmis Acquisition Corp.

Next Steps

• Future filings will be required by the reporting persons if their beneficial ownership percentage changes significantly (e.g., crosses another 1% threshold up or down, or falls below 5%).

Key Dates

Keywords

Emmis Acquisition Corp, Bank of Montreal, Beneficial Ownership, Schedule 13G, Institutional Investor, SPAC, Class A Ordinary Shares