Amanat Acquisition Corp. (AMAN) sponsor acquires 300,000 private placement shares
Rhea-AI Filing Summary
Amanat Sponsor Holdings LLC, the sponsor of Amanat Acquisition Corp., reported buying 300,000 Class A ordinary shares on May 20, 2026. The Form 4 shows a transaction price of $0.0000 per share, reflecting private placement terms rather than a typical market trade. These 300,000 private placement shares were purchased directly from the issuer under a Private Placement Shares Purchase Agreement dated May 20, 2026, and represent the sponsor’s full reported direct holding after the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Net Buy
1 txn
Insider
Amanat Sponsor Holdings LLC
Role
10% Owner
Bought
300,000 shs ($0.00)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Ordinary Shares | 300,000 | $0.00 | -- |
Holdings After Transaction:
Class A Ordinary Shares — 300,000 shares (Direct)
Footnotes (1)
- Reflects the 300,000 private placement shares purchased by Amanat Sponsor Holdings LLC, the Issuer's sponsor, pursuant to the Private Placement Shares Purchase Agreement dated May 20, 2026 entered into with the Issuer. 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
Shares purchased: 300,000 shares
Recorded price per share: $0.0000 per share
Shares held after transaction: 300,000 shares
+2 more
5 metrics
Shares purchased
300,000 shares
Class A Ordinary Shares bought on May 20, 2026
Recorded price per share
$0.0000 per share
Transaction price shown for the private placement
Shares held after transaction
300,000 shares
Direct holdings of Amanat Sponsor Holdings LLC post-transaction
Private placement date
May 20, 2026
Date of Private Placement Shares Purchase Agreement
Buy transactions in filing
1 transaction
Net-buy direction with 300,000 shares purchased
Key Terms
Private Placement Shares Purchase Agreement, beneficial ownership, pecuniary interest, voting and investment discretion
4 terms
beneficial ownership financial
"Dr. Sandeep Kulkarni disclaims any beneficial ownership of the securities"
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
"other than to the extent of any pecuniary interest he may have therein"
voting and investment discretion financial
"has voting and investment discretion with respect to the ordinary shares"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Amanat Sponsor Holdings LLC report for AMAN?
Amanat Sponsor Holdings LLC reported buying 300,000 Class A ordinary shares of Amanat Acquisition Corp. on May 20, 2026. The shares were acquired directly from the issuer in a private placement under a dedicated purchase agreement on that same date.
Was the AMAN sponsor transaction an open-market buy or a private placement?
While coded as a purchase, the shares were acquired through a Private Placement Shares Purchase Agreement with the issuer on May 20, 2026. This indicates a private placement transaction, not a standard open-market trade on a stock exchange.