Amanat Acquisition (AMAN) director reports 2.16M Class B sponsor shares

Rhea-AI Filing Summary

Amanat Acquisition Corp. director and chairman Dr. Sandeep Kulkarni has filed an initial ownership report showing indirect beneficial ownership of 2,156,250 Class B ordinary shares through Amanat Sponsor Holdings LLC. These Class B shares will automatically convert into Class A ordinary shares on a one-for-one basis upon the company’s initial business combination or earlier at the holder’s option, and have no expiration date. Up to 281,250 of these Class B shares are subject to forfeiture depending on how much of the underwriters’ over-allotment option is exercised in the initial public offering. Dr. Kulkarni disclaims beneficial ownership of the LLC-held securities except to the extent of any pecuniary interest.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Kulkarni Sandeep Chidambar

Role Director and Chairman

Type	Security	Shares	Price	Value
holding	Class B Ordinary Shares	--	--	--

Holdings After Transaction: Class B Ordinary Shares — 2,156,250 shares (Indirect, See footnote)

Footnotes (1)

1. The reporting person beneficially owns 2,156,250 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. The Class B ordinary shares beneficially owned by the Reporting Person include up to 281,250 Class B ordinary shares subject to forfeiture to the Issuer depending on the extent to which the underwriters' over-allotment option is exercised in full in connection with the Issuer's initial public offering of shares, as described in the Registration Statement. Amanat Sponsor Holdings LLC is the record holder of the securities reported herein. Dr. Sandeep Kulkarni is the sole managing member of our sponsor and has voting and investment discretion with respect to the ordinary shares held of record by Amanat Sponsor Holdings LLC. Dr. Sandeep Kulkarni disclaims any beneficial ownership of the securities held by Amanat Sponsor Holdings LLC other than to the extent of any pecuniary interest he may have therein, directly or indirectly.

Key Figures

Indirect Class B holdings: 2,156,250 Class B ordinary shares Underlying Class A shares: 2,156,250 Class A ordinary shares Shares subject to forfeiture: 281,250 Class B ordinary shares

3 metrics

Indirect Class B holdings 2,156,250 Class B ordinary shares Beneficially owned through Amanat Sponsor Holdings LLC

Underlying Class A shares 2,156,250 Class A ordinary shares One-for-one conversion from Class B upon business combination or earlier

Shares subject to forfeiture 281,250 Class B ordinary shares May be forfeited based on underwriters’ over-allotment option in IPO

Key Terms

Class B ordinary shares, Class A ordinary shares, over-allotment option, beneficial ownership, +2 more

6 terms

Class B ordinary shares financial

"The reporting person beneficially owns 2,156,250 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

"...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.

over-allotment option financial

"...subject to forfeiture to the Issuer depending on the extent to which the underwriters' over-allotment option is exercised..."

An over-allotment option is a special agreement that allows underwriters to sell more shares than initially planned if demand is high. Think of it like a retailer offering extra units of a popular product to meet additional customer interest. This option helps ensure the full sale is completed and can also give investors extra shares if they want more.

beneficial ownership financial

"The reporting person beneficially owns 2,156,250 Class B ordinary shares..."

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

pecuniary interest financial

"Dr. Sandeep Kulkarni disclaims any beneficial ownership... other than to the extent of any pecuniary interest he may have therein..."

anti-dilution rights financial

"...subject to adjustment for share sub-divisions... and certain anti-dilution rights as described under the heading..."

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FAQ

What insider ownership did Amanat Acquisition Corp. (AMAN) disclose for Dr. Sandeep Kulkarni?

Dr. Sandeep Kulkarni is reported as indirectly beneficially owning 2,156,250 Class B ordinary shares of Amanat Acquisition Corp. These shares are held through Amanat Sponsor Holdings LLC, where he has voting and investment discretion, subject to his stated pecuniary interest disclaimer.

How can Amanat Acquisition Corp. (AMAN) Class B shares held by the sponsor convert into Class A shares?

The 2,156,250 Class B ordinary shares will automatically convert into Class A ordinary shares on a one-for-one basis when Amanat Acquisition Corp. completes its initial business combination or earlier at the holder’s option, with no stated expiration date for this conversion right.

How many Amanat Acquisition Corp. (AMAN) Class B shares are subject to forfeiture?

Up to 281,250 Class B ordinary shares beneficially owned through the sponsor are subject to forfeiture. The actual forfeiture depends on how much of the underwriters’ over-allotment option is exercised in connection with Amanat Acquisition Corp.’s initial public offering of shares.

Who is the record holder of the reported Amanat Acquisition Corp. (AMAN) shares?

Amanat Sponsor Holdings LLC is the record holder of the securities reported. Dr. Sandeep Kulkarni is the sole managing member of this sponsor and has voting and investment discretion over its ordinary shares, subject to his disclaimer of beneficial ownership beyond any pecuniary interest.

Does Dr. Sandeep Kulkarni fully claim beneficial ownership of Amanat Acquisition Corp. (AMAN) sponsor shares?

No. Dr. Kulkarni disclaims beneficial ownership of the securities held by Amanat Sponsor Holdings LLC except to the extent of any pecuniary interest he may have. This means his economic interest may be limited relative to the sponsor’s entire share position.

SEC Form 3

FORM 3

UNITED 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^*

Kulkarni Sandeep Chidambar

(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)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Director and Chairman

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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 Exercisable	Expiration Date	Title	Amount or Number of Shares
Class B Ordinary Shares	(1)	(1)	Class A Ordinary Shares	2,156,250(2)	(1)	I(3)	See footnote

Explanation of Responses:

1. The reporting person beneficially owns 2,156,250 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. The Class B ordinary shares beneficially owned by the Reporting Person include up to 281,250 Class B ordinary shares subject to forfeiture to the Issuer depending on the extent to which the underwriters' over-allotment option is exercised in full in connection with the Issuer's initial public offering of shares, as described in the Registration Statement.

3. Amanat Sponsor Holdings LLC is the record holder of the securities reported herein. Dr. Sandeep Kulkarni is the sole managing member of our sponsor and has voting and investment discretion with respect to the ordinary shares held of record by Amanat Sponsor Holdings LLC. Dr. Sandeep Kulkarni disclaims any beneficial ownership of the securities held by Amanat Sponsor Holdings LLC other than to the extent of any pecuniary interest he may have therein, directly or indirectly.

	/s/ Sandeep Kulkarni	05/19/2026
	** Signature of Reporting Person	Date
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)