Amanat Acquisition Corp. reported a net loss of $(59,901) for the period Jan. 13–Mar. 31, 2026, posting a basic and diluted net loss per Class B share of $(0.03). The company had no operating revenue during the quarter as it remains a blank-check company preparing for a prospective business combination; interest income from trust investments is expected until a deal closes.
Financial Highlights
- Net income: $(59,901) net loss for Jan. 13–Mar. 31, 2026.
- Diluted EPS: $(0.03) basic and diluted net loss per Class B share for Jan. 13–Mar. 31, 2026.
- Revenue: No operating revenue reported for the period (no operations or revenues prior to Business Combination).
Business Highlights
- Capital formation: Completed IPO and private placement, placing $75M into trust to fund a future business combination.
- Operational focus: Activities centered on target identification, due diligence and preparatory organizational work for a business combination.
- Interim income: The company expects non-operating interest income from funds held in trust until a business combination closes.
- Support arrangements: Sponsor-funded working capital and agreed monthly administrative support are in place to facilitate deal sourcing and transaction execution.
- Use of proceeds: Trust funds intended to finance the target’s operations, pursue additional acquisitions and support growth after a business combination.
Original SEC Filing:
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