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.
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.
Amanat Acquisition Corp, a Cayman Islands-based special purpose acquisition company, completed its initial public offering of 7,500,000 Class A ordinary shares at $10.00 per share, raising gross proceeds of $75,000,000. The company also granted the underwriter a 45-day option to buy up to 1,125,000 additional shares at the same price to cover any over-allotments.
At the IPO closing, the sponsor purchased 300,000 private placement Class A shares at $10.00 each, providing an additional $3,000,000. A total of $75,000,000 of IPO and private placement proceeds was deposited into a U.S.-based trust account to fund a future business combination. The company has up to 24 months from the IPO closing to complete its initial business combination, with public shareholders given redemption rights if a deal is not completed or certain charter changes are proposed. Independent directors were appointed and the amended and restated charter became effective in connection with the IPO.
Amanat Acquisition Corp is conducting an initial public offering of 7,500,000 Class A ordinary shares at $10.00 per share to raise $75,000,000 (or $86,250,000 if the 45‑day over‑allotment of 1,125,000 shares is exercised). The underwriter is Leerink Partners and the offering includes a private placement of 300,000 Class A shares to the sponsor for $3,000,000 concurrently with closing.
The proceeds (after underwriting discounts and offering expenses) will place approximately $75,000,000 (or $86,250,000) into a U.S. trust account invested only in specified cash or government instruments. Public shareholders will have redemption rights at the trust per‑share amount in connection with a completed initial business combination within a 24‑month completion window. The sponsor holds 2,156,250 founder (Class B) shares (acquired for $25,000) and anti‑dilution provisions may cause greater than one‑for‑one conversion, creating immediate dilution to public shareholders.
Amanat Acquisition Corp. director and chairman Dr. Sandeep Kulkarni has filed an initial ownership report showing indirect beneficial ownership of 2,156,250 Class B ordinary shares through Amanat Sponsor Holdings LLC. These Class B shares will automatically convert into Class A ordinary shares on a one-for-one basis upon the company’s initial business combination or earlier at the holder’s option, and have no expiration date. Up to 281,250 of these Class B shares are subject to forfeiture depending on how much of the underwriters’ over-allotment option is exercised in the initial public offering. Dr. Kulkarni disclaims beneficial ownership of the LLC-held securities except to the extent of any pecuniary interest.
Amanat Acquisition Corp. director Rakhi Kumar filed an initial ownership report showing an indirect interest in 25,000 Class B ordinary shares. These founder shares will automatically convert into Class A ordinary shares on a one-for-one basis when the company completes its initial business combination or earlier at the holder’s option. The interest is held indirectly through membership interests in the company’s sponsor, Amanat Sponsor Holdings LLC, as compensation for her director services.
Amanat Acquisition Corp. director and Chief Executive Officer Cheruvu Pavan filed an initial ownership report showing an indirect beneficial interest in 150,000 Class B ordinary shares. These Class B shares are founder shares held through Amanat Sponsor Holdings LLC and will automatically convert into Class A ordinary shares on a one-for-one basis concurrently with or immediately following the company’s initial business combination, or earlier at the holder’s option, with no stated expiration.
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.
Amanat Acquisition Corp. Chief Financial Officer Nicholas Fernandez filed an initial ownership report showing an indirect interest in 50,000 Class B ordinary shares. These founder shares will automatically convert into Class A ordinary shares on a one-for-one basis when Amanat completes its initial business combination, or earlier at the holder’s option, and are held through the company’s sponsor, Amanat Sponsor Holdings LLC.
Amanat Acquisition Corp. director W. Bradford Middlekauff filed an initial ownership report showing an indirect holding of 25,000 Class B ordinary shares. These founder shares are held through membership interests in the company’s sponsor, Amanat Sponsor Holdings LLC, rather than directly in his name.
The 25,000 Class B ordinary shares will automatically convert into 25,000 Class A ordinary shares on a one-for-one basis concurrently with or immediately following the company’s initial business combination, or earlier at the holder’s option. The footnotes state these founder shares have no expiration date and include specified adjustment and anti-dilution rights.