Corporate ActionMay 19, 2026, 11:00 AM
Amanat Acquisition Corp. Prices IPO of 7.5M Shares at $10.00
AI Summary
Amanat Acquisition Corp., a newly formed special purpose acquisition company (SPAC), announced the pricing of its initial public offering of 7,500,000 Class A ordinary shares at $10.00 per share. The shares are expected to begin trading on the Nasdaq Capital Market under the ticker symbol "AMAN" today, with the offering anticipated to close on May 20, 2026. Leerink Partners is acting as the sole bookrunning manager, and the company has granted an over-allotment option for up to 1,125,000 additional shares. Amanat Acquisition Corp. intends to focus on business combinations within the healthcare or healthcare-related industries.
Key Highlights
- Initial public offering priced at $10.00 per Class A ordinary share.
- Offering consists of 7,500,000 Class A ordinary shares.
- Shares expected to trade on Nasdaq Capital Market under ticker "AMAN".
- Offering expected to close on May 20, 2026.
- Leerink Partners is acting as sole bookrunning manager.
- Underwriter has 45-day option to purchase up to 1,125,000 additional shares.
- Company is a SPAC focused on healthcare or healthcare-related industries.
Price Impact
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