Amanat director reports 25,000 founder shares

Amanat Acquisition Corp. director Patrick J. Crutcher filed an initial ownership report showing an indirect interest in 25,000 Class B ordinary shares.

Rhea-AI Filing Summary

Amanat Acquisition Corp. director Patrick J. Crutcher filed an initial ownership report showing an indirect interest in 25,000 Class B ordinary shares. These Class B shares will automatically convert into Class A ordinary shares on a one-for-one basis in connection with the company’s initial business combination or earlier at the holder’s option. The filing notes that this stake represents founder shares received indirectly through membership interests in the company’s sponsor, Amanat Sponsor Holdings LLC, as compensation for his services as a director.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Crutcher Patrick J

Role Director

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

Holdings After Transaction: Class B Ordinary Shares — 25,000 contracts (Indirect, See footnote)

Footnotes (2)

1. F1. 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. F2. For his 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.

Key Figures

Indirect Class B holdings: 25,000 shares Underlying Class A shares: 25,000 shares Exercise/conversion price: $0.0000 per share

3 metrics

Indirect Class B holdings 25,000 shares Beneficially owned Class B ordinary shares, convertible into Class A

Underlying Class A shares 25,000 shares Class A ordinary shares issuable upon one-for-one conversion

Exercise/conversion price $0.0000 per share Stated exercise price for Class B to Class A conversion

Key Terms

Class B ordinary shares, initial business combination, anti-dilution rights, founder shares

4 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.

initial business combination financial

"will automatically convert into Class A ordinary shares 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

"subject to adjustment for share sub-divisions... and certain anti-dilution rights as described under the heading "Description of Securities--Founder Shares and Private Placement Shares"..."

founder shares financial

"the Reporting Person receives 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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider position did Crutcher Patrick J report at Amanat Acquisition Corp. (AMAN)?

Crutcher Patrick J reported an initial ownership position as a director with an indirect interest in founder shares. He is linked to 25,000 Class B ordinary shares through the company’s sponsor, reflecting equity compensation for his board service.

How many Amanat (AMAN) shares does Crutcher indirectly hold and in what class?

Crutcher is reported as beneficially owning 25,000 Class B ordinary shares indirectly. These founder shares are held through membership interests in Amanat Sponsor Holdings LLC rather than directly in his own name, according to the disclosed footnotes.

When will Crutcher’s Class B founder shares in Amanat (AMAN) convert to Class A shares?

The 25,000 Class B ordinary shares will automatically convert into Class A ordinary shares concurrently with or immediately following Amanat’s initial business combination. They may also convert earlier at the holder’s option, on a one-for-one basis, as described in the disclosure.

What is the conversion ratio for Crutcher’s Amanat (AMAN) Class B shares?

Crutcher’s 25,000 Class B ordinary shares convert into Class A ordinary shares on a one-for-one basis. The filing adds that this ratio is subject to adjustments for share subdivisions, capitalizations, reorganizations, recapitalizations, and certain anti-dilution rights described in the registration statement.

How does Crutcher hold his Amanat (AMAN) founder shares according to the filing?

Crutcher’s interest is indirect, received for his services as a director through membership interests in Amanat Sponsor Holdings LLC. The sponsor holds the founder shares, and his economic interest comes from that entity, rather than direct record ownership of the Class B shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/19/2026 - 04:14 PM EDT Learn about SEC filing dates

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^*

Crutcher Patrick J

(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		10% Owner
	Officer (give title below)		Other (specify below)

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	25,000	(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 his 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/ Patrick Crutcher	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)