STOCK TITAN

Amanat (NASDAQ: AMAN) director reports 25,000 Class B founder shares on Form 3

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Amanat Acquisition Corp. director Rakhi Kumar filed an initial ownership report showing an indirect interest in 25,000 Class B ordinary shares. These founder shares will automatically convert into Class A ordinary shares on a one-for-one basis when the company completes its initial business combination or earlier at the holder’s option. The interest is held indirectly through membership interests in the company’s sponsor, Amanat Sponsor Holdings LLC, as compensation for her director services.

Positive

  • None.

Negative

  • None.
Insider Kumar Rakhi
Role null
Type Security Shares Price Value
holding Class B Ordinary Shares -- -- --
Holdings After Transaction: Class B Ordinary Shares — 25,000 shares (Indirect, See footnote)
Footnotes (1)
  1. The reporting person beneficially owns 25,000 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. For her services as a director, the Reporting Person receives indirect interest in founder shares through membership interests in the Company's sponsor, Amanat Sponsor Holdings LLC.
Class B founder shares beneficially owned 25,000 shares Indirect interest reported on Form 3
Underlying Class A shares on conversion 25,000 shares One-for-one automatic or elective conversion
Exercise/conversion price $0.0000 per share Class B to Class A conversion terms
Class B ordinary shares financial
"The reporting person beneficially owns 25,000 Class B ordinary shares which will automatically convert..."
Class B ordinary shares are a type of ownership stake in a company that typically come with different voting rights or privileges compared to other share classes. For investors, they represent a way to hold part of the company’s value and influence its decisions, often with fewer voting rights than Class A shares. Understanding these shares helps investors assess their level of control and potential returns within a company.
Class A ordinary shares financial
"...automatically convert into Class A ordinary shares concurrently with or immediately following the consummation..."
Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.
founder shares financial
"...indirect interest in founder shares through membership interests in the Company's sponsor..."
Founder shares are the ownership stakes given to the people who start a company, often with extra voting power or protections compared with ordinary shares. For investors, they matter because founders’ control and incentives influence decisions about strategy, hiring, and whether the company sells or stays independent — like a family that keeps majority voting rights in a household decision. High founder ownership can mean stable leadership but also a risk that outside shareholders have less influence.
private placement shares financial
"...as described under the heading "Description of Securities--Founder Shares and Private Placement Shares"..."
initial business combination financial
"...concurrently with or immediately following the consummation of the Issuer's initial business combination..."
An initial business combination is the deal in which a special-purpose acquisition company (SPAC) merges with or acquires an operating business to bring that business onto public markets. Think of the SPAC as an empty shell that raises money from investors, then uses that cash to buy a private company—this transaction turns the private company into a public one and often changes its ownership, valuation, and access to capital, so investors should watch for shifts in risk, future growth prospects, and shareholder rights.
anti-dilution rights financial
"...and certain anti-dilution rights as described under the heading "Description of Securities--Founder Shares and Private Placement Shares"..."
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Kumar Rakhi

(Last)(First)(Middle)
153 CENTRAL AVENUE C/O 56

(Street)
WESTFIELD NEW JERSEY 07091

(City)(State)(Zip)

UNITED STATES

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
05/18/2026
3. Issuer Name and Ticker or Trading Symbol
Amanat Acquisition Corp. [ AMAN ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Class B Ordinary Shares (1) (1)Class A Ordinary Shares25,000(1)I(2)See footnote
Explanation of Responses:
1. The reporting person beneficially owns 25,000 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.
2. For her services as a director, the Reporting Person receives indirect interest in founder shares through membership interests in the Company's sponsor, Amanat Sponsor Holdings LLC.
/s/ Rakhi Kumar05/19/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does Amanat Acquisition Corp. (AMAN) Form 3 report for Rakhi Kumar?

The Form 3 reports that director Rakhi Kumar has an indirect interest in 25,000 Class B ordinary shares of Amanat Acquisition Corp., received through the company’s sponsor as part of her director compensation, establishing her initial beneficial ownership position.

How many Amanat (AMAN) founder shares does director Rakhi Kumar beneficially own?

Director Rakhi Kumar beneficially owns 25,000 Class B ordinary founder shares. These shares are indirectly held via membership interests in Amanat Sponsor Holdings LLC and are tied to her services as a director of Amanat Acquisition Corp.

When will Rakhi Kumar’s Amanat (AMAN) Class B shares convert to Class A?

Her 25,000 Class B ordinary shares will automatically convert into Class A ordinary shares concurrently with or immediately following Amanat’s initial business combination, or earlier at her option, on a one-for-one basis, subject to certain adjustment provisions.

How are Rakhi Kumar’s Amanat (AMAN) founder shares held and characterized?

The founder shares are held indirectly through membership interests in the sponsor, Amanat Sponsor Holdings LLC. The filing states this interest is received as compensation for her services as a director, reflecting beneficial, indirect ownership rather than direct shareholding.

Do Amanat (AMAN) Class B founder shares held by Rakhi Kumar have an expiration date?

The filing states that the 25,000 Class B ordinary shares beneficially owned by Rakhi Kumar have no expiration date. They are subject to automatic or elective conversion into Class A ordinary shares, with adjustments and anti-dilution rights described in the company’s registration statement.