| Line Item | 2026-03-31 | Q/Q | Y/Y |
|---|---|---|---|
| SG&A Expense | $60K | — | — |
| Operating Income | -$60K | — | — |
| Net Income | -$60K | — | — |
| Line Item | 2026-03-31 | Q/Q | Y/Y |
|---|---|---|---|
| Total Assets | $103K | — | — |
| Current Liabilities | $138K | — | — |
| Stockholders' Equity | -$35K | — | — |
Business Overview
Amanat Acquisition Corp is a blank check company incorporated on January 13, 2026, for the purpose of effecting a merger, share exchange, asset acquisition, or similar business combination with one or more businesses. The Company consummated its Initial Public Offering on May 20, 2026, raising $75,000,000 in gross proceeds from the sale of 7,500,000 Class A Ordinary Shares and $3,000,000 from the sale of 300,000 Private Placement Shares. As of March 31, 2026, the Company had not commenced operations and has 24 months from the closing of its IPO to complete an initial Business Combination.
Forward Guidance
"The Company will have 24 months from the closing of its initial public offering to complete the initial Business Combination (the Completion Window)." "The Company will provide the holders of the Public Shares (the Public Shareholders) with the opportunity to redeem all or a portion of their Public Shares upon the completion of the Business Combination." "Management has determined that upon the consummation of the Initial Public Offering and the sale of the Private Placement Shares, the Company has sufficient funds to finance the working capital needs of the Company within one year from the date of issuance of the unaudited condensed financial statements."
Key Risk Factors
The Company faces significant risks including: (1) failure to successfully identify and complete a Business Combination within the 24-month completion window, which would result in liquidation and return of Trust Account funds to public shareholders; (2) liquidity constraints if costs of identifying a target business exceed available funds, potentially requiring additional working capital loans; (3) redemption risk where public shareholders may redeem their shares upon Business Combination completion, reducing available capital; and (4) Sponsor indemnification liability for third-party claims that reduce Trust Account funds below $10.00 per share.