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

Rhea-AI Filing Summary

Kulkarni Sandeep Chidambar reported disposition transactions in this Form 4 filing.

Amanat Acquisition Corp. reported that Amanat Sponsor Holdings LLC, an entity associated with Director and Chairman Sandeep Chidambar Kulkarni, forfeited 281,250 Class B ordinary shares to the company at no cost after the underwriters' over-allotment option expired. Following this restructuring transaction, the sponsor entity holds 1,875,000 Class B ordinary shares, which are stated to automatically convert into Class A ordinary shares on a one-for-one basis upon completion of the initial business combination or earlier at the holder’s option.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Kulkarni Sandeep Chidambar

Role Director and Chairman

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 (Indirect, By Amanat Sponsor Holdings LLC)

Footnotes (3)

1. F1. The Class B ordinary shares 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 Amanat Sponsor Holdings LLC (the "Sponsor") at no cost, in connection with the expiration of the underwriters' over-allotment option as described in the Registration Statement.
3. F3. The Sponsor is the record holder of the securities reported herein. The Reporting Person is the sole managing member of the Sponsor and has voting and investment discretion with respect to the shares held by the Sponsor. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.

Key Figures

Class B shares forfeited: 281,250 shares Class B shares held after transaction: 1,875,000 shares Underlying Class A conversion ratio: 1-to-1 +1 more

4 metrics

Class B shares forfeited 281,250 shares Class B ordinary shares forfeited to the issuer by Amanat Sponsor Holdings LLC at no cost

Class B shares held after transaction 1,875,000 shares Indirectly held by Amanat Sponsor Holdings LLC following the restructuring transaction

Underlying Class A conversion ratio 1-to-1 Each Class B ordinary share automatically converts into one Class A ordinary share, subject to adjustments

Restructuring shares 281,250 shares Shares involved in restructuring-type transaction coded "J" in the Form 4

Key Terms

underwriters' over-allotment option, pecuniary interest, Class B ordinary shares, founder shares, +1 more

5 terms

underwriters' over-allotment option financial

"in connection with the expiration of the underwriters' over-allotment option as described"

pecuniary interest financial

"disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest"

Class B ordinary shares financial

"281,250 Class B Ordinary Shares were forfeited to the Issuer by Amanat Sponsor"

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.

founder shares financial

"as described under the heading "Description of Securities--Founder Shares and Private Placement Shares""

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.

anti-dilution rights financial

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

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/12/2026 - 07:46 AM Accepted by SEC EDGAR 08/12/2026 - 07:45 AM Learn about SEC filing dates

FAQ

What insider transaction did Amanat Acquisition Corp. (AMAN) report in this Form 4?

Amanat reported that its sponsor entity, Amanat Sponsor Holdings LLC, forfeited 281,250 Class B ordinary shares to the company at no cost in connection with the expiration of the underwriters' over-allotment option.

How many Amanat (AMAN) Class B shares remain held by the sponsor after the forfeiture?

After the reported transaction, Amanat Sponsor Holdings LLC holds 1,875,000 Class B ordinary shares. These holdings are reported as indirect for Director and Chairman Sandeep Chidambar Kulkarni, who is the sponsor’s sole managing member.

Why were 281,250 Amanat (AMAN) Class B shares forfeited?

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

How will Amanat (AMAN) Class B shares convert into Class A shares?

The filing states that the Class B ordinary shares will automatically convert into Class A ordinary shares on a one-for-one basis concurrently with or after the issuer’s initial business combination, or earlier at the holder’s option, subject to certain adjustments.

Does Sandeep Chidambar Kulkarni personally own the Amanat (AMAN) shares in this Form 4?

The securities are held by Amanat Sponsor Holdings LLC. As sole managing member, Kulkarni has voting and investment discretion but disclaims beneficial ownership of the shares except to the extent of his pecuniary interest.

What transaction code is used in this Amanat (AMAN) Form 4 and what does it indicate?

The transaction uses code "J", described as "Other acquisition or disposition." In this case, it reflects a restructuring-type event in which sponsor-held founder shares were forfeited to the issuer following the over-allotment option’s expiration.

SEC Form 4

FORM 4

UNITED 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^*

Kulkarni Sandeep Chidambar

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/02/2026

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

X	Form 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)
			Code	V	Amount	(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Class B Ordinary Shares	(1)	07/02/2026		J(2)			281,250	(1)	(1)	Class A Ordinary Shares	281,250	$0	1,875,000	I	By Amanat Sponsor Holdings LLC(3)

Explanation of Responses:

1. The Class B ordinary shares 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 Amanat Sponsor Holdings LLC (the "Sponsor") at no cost, in connection with the expiration of the underwriters' over-allotment option as described in the Registration Statement.

3. The Sponsor is the record holder of the securities reported herein. The Reporting Person is the sole managing member of the Sponsor and has voting and investment discretion with respect to the shares held by the Sponsor. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.

	/s/ Sandeep Kulkarni	08/12/2026
	** 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 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.
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* Form 4: SEC 1474 (03-26)