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Amanat Acquisition (NASDAQ: AMAN) sponsor buys 300,000 shares in private placement tied to chair

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Amanat Acquisition Corp. director and chairman Dr. Sandeep Kulkarni reported an indirect purchase linked to the company’s sponsor. On May 20, 2026, Amanat Sponsor Holdings LLC, the issuer’s sponsor, purchased 300,000 Class A Ordinary Shares in a private placement, bringing its reported holdings to 300,000 shares. Dr. Kulkarni is the sole managing member of the sponsor with voting and investment discretion over these shares but disclaims beneficial ownership beyond any pecuniary interest.

Positive

  • None.

Negative

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Insider Kulkarni Sandeep Chidambar
Role Director and Chairman
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 (Indirect, See Footnote)
Footnotes (1)
  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.
Shares purchased 300,000 shares Private placement Class A Ordinary Shares on May 20, 2026
Shares held after transaction 300,000 shares Indirect holdings through Amanat Sponsor Holdings LLC following transaction
Reported transaction price $0.0000 per share Price field for the 300,000-share private placement
Net buy shares 300,000 shares Net buy direction from transaction summary
Transaction date May 20, 2026 Date of private placement share purchase
private placement shares financial
"Reflects the 300,000 private placement shares purchased by Amanat Sponsor Holdings LLC"
Private Placement Shares Purchase Agreement regulatory
"pursuant to the Private Placement Shares Purchase Agreement dated May 20, 2026"
beneficial ownership regulatory
"disclaims any beneficial ownership of the securities held by Amanat Sponsor Holdings LLC"
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.
voting and investment discretion financial
"has voting and investment discretion with respect to the ordinary shares"
indirect ownership financial
"transaction is reported as indirect with nature of ownership noted as See Footnote"
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*
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)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
Director and Chairman
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026
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
Class A Ordinary Shares05/20/2026P(1)300,000A(1)300,000(2)ISee Footnote(2)
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
Explanation of Responses:
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.
2. 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 Kulkarni05/22/2026
** 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)

FAQ

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

Amanat Acquisition Corp. reported that its sponsor entity purchased 300,000 Class A Ordinary Shares in a private placement. The transaction is reported as an indirect open-market or private purchase associated with director and chairman Dr. Sandeep Kulkarni.

How many Amanat Acquisition Corp. (AMAN) shares were involved in the reported transaction?

The reported transaction involved 300,000 Class A Ordinary Shares. Following this private placement purchase, the Form 4 shows 300,000 shares held indirectly through the sponsor entity, Amanat Sponsor Holdings LLC, tied to director and chairman Dr. Sandeep Kulkarni.

Who is the record holder of the 300,000 Amanat Acquisition Corp. (AMAN) shares?

Amanat Sponsor Holdings LLC, the company’s sponsor, is the record holder of the 300,000 Class A Ordinary Shares. The Form 4 notes this sponsor entity holds the securities, with Dr. Sandeep Kulkarni exercising voting and investment discretion over those shares.

What is Dr. Sandeep Kulkarni’s role in Amanat Acquisition Corp. (AMAN) and its sponsor?

Dr. Sandeep Kulkarni serves as director and chairman of Amanat Acquisition Corp. and is the sole managing member of Amanat Sponsor Holdings LLC. He has voting and investment discretion over the sponsor’s shares but disclaims beneficial ownership beyond any pecuniary interest.

How is ownership of the private placement shares in Amanat Acquisition Corp. (AMAN) characterized?

The 300,000 shares are reported as held indirectly through Amanat Sponsor Holdings LLC. The filing explains that Dr. Kulkarni disclaims beneficial ownership of the securities held by the sponsor, except to the extent of any pecuniary interest he may have, directly or indirectly.