STOCK TITAN

Amanat Acquisition Corp. (AMAN) sponsor forfeits 281,250 Class B founder shares

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Amanat Sponsor Holdings LLC reported disposition transactions in this Form 4 filing.

Amanat Sponsor Holdings LLC, a 10% owner of Amanat Acquisition Corp., reported an internal restructuring transaction involving its founder shares. On 2026-07-02, the sponsor forfeited 281,250 Class B ordinary shares to the company at no cost in connection with the expiration of the underwriters' over-allotment option. These Class B shares are structured to automatically convert into Class A ordinary shares on a one-for-one basis upon the initial business combination, with certain anti-dilution adjustments. Following this forfeiture, the sponsor directly holds 1,875,000 Class B ordinary shares.

Positive

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Insider Amanat Sponsor Holdings LLC
Role 10% Owner
Type Security Shares Price Value
Other Class B Ordinary Shares F1, F2, F3 281,250 $0.00 $0.00
Holdings After Transaction: Class B Ordinary Shares — 1,875,000 shares (Direct)
Footnotes (3)
  1. F1. The 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. 281,250 Class B Ordinary Shares were forfeited to the Issuer by the Reporting Person at no cost, in connection with the expiration of the underwriters' over-allotment option as described in the Registration Statement.
  3. F3. Dr. Sandeep Kulkarni is the sole managing member of the Reporting Person and has voting and investment discretion with respect to the securities reported herein. Dr. Sandeep Kulkarni is the Chairman of the Board of Directors of the Issuer and and files separate Section 16 reports.
Shares forfeited 281,250 Class B ordinary shares Forfeited to the issuer at no cost upon expiration of underwriters' over-allotment option
Shares held after transaction 1,875,000 Class B ordinary shares Directly owned by Amanat Sponsor Holdings LLC following the reported transaction
Transaction price per share $0.0000 per share Forfeiture of Class B ordinary shares to the issuer at no cost
Underlying Class A shares 281,250 Class A ordinary shares Underlying security for the forfeited Class B ordinary shares on a one-for-one conversion basis
Transaction date 2026-07-02 Date of the other acquisition or disposition (code J) reported
underwriters' over-allotment option financial
"forfeited to the Issuer by the Reporting Person at no cost, in connection with the expiration of the underwriters' over-allotment option"
Class B ordinary shares financial
"The Class B ordinary shares which will automatically convert into Class A ordinary shares"
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.
anti-dilution rights financial
"subject to adjustment for share sub-divisions ... and certain anti-dilution rights as described"
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.
other acquisition or disposition financial
"transaction_code_description": "Other acquisition or disposition""

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FAQ

What transaction did Amanat Sponsor Holdings LLC report in this Form 4 for AMAN?

Amanat Sponsor Holdings LLC reported forfeiting 281,250 Class B ordinary shares of Amanat Acquisition Corp. to the issuer at no cost, tied to the expiration of the underwriters' over-allotment option.

How many Amanat Acquisition Corp. shares does the sponsor hold after this Form 4 transaction?

After the reported transaction, Amanat Sponsor Holdings LLC directly holds 1,875,000 Class B ordinary shares of Amanat Acquisition Corp., as stated in the post-transaction holdings figure.

What type of shares were involved in the AMAN Form 4 filing and how do they convert?

The filing involves Class B ordinary shares, which will automatically convert into Class A ordinary shares on a one-for-one basis upon the initial business combination, subject to adjustments and anti-dilution rights.

Why were 281,250 AMAN Class B shares forfeited by the sponsor?

The 281,250 Class B ordinary shares were forfeited to Amanat Acquisition Corp. by the sponsor at no cost in connection with the expiration of the underwriters' over-allotment option described in the registration statement.

Was the AMAN Form 4 transaction under a Rule 10b5-1 trading plan?

The document-level Rule 10b5-1 checkbox is not checked, and the transaction is described as an other acquisition or disposition related to the over-allotment expiration, not as a trade under a 10b5-1 plan.

Who controls the AMAN shares held by Amanat Sponsor Holdings LLC?

The filing states that Dr. Sandeep Kulkarni, Chairman of the Board of Amanat Acquisition Corp., is the sole managing member of Amanat Sponsor Holdings LLC and has voting and investment discretion over the reported securities.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Amanat Sponsor Holdings LLC

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

(Street)
WESTFIELD NEW JERSEY 07091

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Amanat Acquisition Corp. [ AMAN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/02/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Class B Ordinary Shares(1)07/02/2026J(2)281,250 (1) (1)Class A Ordinary Shares281,250$01,875,000D(3)
Explanation of Responses:
1. The 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. 281,250 Class B Ordinary Shares were forfeited to the Issuer by the Reporting Person at no cost, in connection with the expiration of the underwriters' over-allotment option as described in the Registration Statement.
3. Dr. Sandeep Kulkarni is the sole managing member of the Reporting Person and has voting and investment discretion with respect to the securities reported herein. Dr. Sandeep Kulkarni is the Chairman of the Board of Directors of the Issuer and and files separate Section 16 reports.
/s/ Sandeep Kulkarni, Managing Member08/12/2026
** 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 4 (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 4: SEC 1474 (03-26)