Corporate ActionMay 4, 2026, 06:07 AM
Amanat Acquisition Corp Details $750K IPO Expenses
AI Summary
Amanat Acquisition Corp. detailed the estimated expenses for its initial public offering, totaling $750,000, including significant legal and filing fees. The company also provided information on the indemnification of directors and officers under Cayman Islands law. Additionally, the filing disclosed recent sales of unregistered securities, including 2,156,250 founder shares issued to the sponsor and a commitment from the sponsor to purchase 300,000 private placement shares for $3,000,000.
Key Highlights
- Total estimated expenses for the offering are $750,000.
- Legal fees and expenses are estimated at $250,000.
- Nasdaq filing fees are $75,000, and SEC registration fee is $11,911.
- FINRA registration fee is $13,438, and initial trustee fee is $75,000.
- Sponsor received 2,156,250 founder shares for $25,000 on February 12, 2026.
- Sponsor committed to purchase 300,000 private placement shares at $10.00 each, totaling $3,000,000.
Price Impact
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