Amanat CFO lists 50,000 Class B founder shares
Amanat Acquisition Corp. Chief Financial Officer Nicholas Fernandez filed an initial ownership report showing an indirect interest in 50,000 Class B ordinary shares.
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Rhea-AI Filing Summary
Amanat Acquisition Corp. Chief Financial Officer Nicholas Fernandez filed an initial ownership report showing an indirect interest in 50,000 Class B ordinary shares. These founder shares will automatically convert into Class A ordinary shares on a one-for-one basis when Amanat completes its initial business combination, or earlier at the holder’s option, and are held through the company’s sponsor, Amanat Sponsor Holdings LLC.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B Ordinary Shares | -- | -- | -- |
Footnotes (2)
- F1. The reporting person beneficially owns 50,000 Class B ordinary shares which will automatically convert into Class A ordinary shares concurrently with or immediately following the consummation of the Issuer's initial business combination or earlier at the option of the holder on a one-for-one basis, subject to adjustment for share sub-divisions, share capitalizations, reorganizations, recapitalizations and the like, and certain anti-dilution rights as described under the heading "Description of Securities--Founder Shares and Private Placement Shares" in the Issuer's registration statement on Form S-1 (File No. 333-295170) ("Registration Statement") and have no expiration date.
- F2. For his services the Chief Financial Officer, the Reporting Person receives indirect interest in founder shares through membership interests in the Company's sponsor, Amanat Sponsor Holdings LLC.
Key Figures
Key Terms
initial business combination financial
anti-dilution rights financial
indirect interest financial
FAQ
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What insider position did Amanat (AMAN) CFO Nicholas Fernandez report on Form 3?
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