Amanat Acquisition Corp. (AMAN) Prices $75M IPO

Amanat Acquisition Corp. (NASDAQ:RACC) announced the pricing of its $75 million IPO and its shares are expected to begin trading on the Nasdaq under the symbol “AMAN” on Tuesday, May 19, 2026.

The new SPAC intends to combine with a target company that may benefit from its team’s experience in the healthcare or healthcare-related industries.

Amanat Acquisition Corp. is to be led by Chairman Sandeep C. Kulkarni, M.D., Chief Executive Officer Pavan Cheruvu and Chief Financial Officer Nicholas Fernandez. Rakhi Kumar, Brad Middlekauff and Patrick Crutcher will serve on its Board of Directors.

Total SPAC deal count for 2026 year-to-date is now 90. This offering is expected to close on Wednesday, May 20, 2026.

Leerink Partners is acting as the sole book-running manager of the offering. Loeb & Loeb LLP is serving as Issuer’s Counsel with Kirkland & Ellis LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.