STOCK TITAN

Starlink AI Acquisition (OTAI) Stock News

OTAI NYSE
Rhea-AI Summary

Starlink AI Acquisition Corporation (NYSE: OTAIU), a Cayman Islands blank check company, closed its $100 million IPO on May 11, 2026. The offering comprised 10,000,000 units at $10.00 each, which began trading on NYSE on May 8, 2026.

Each unit includes one ordinary share and one right to receive one-fourth of an ordinary share upon completion of an initial business combination. The ordinary shares and rights are expected to trade separately on NYSE under the symbols OTAI and OTAIR, respectively. A.G.P./Alliance Global Partners acted as sole book-running manager.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary

Starlink AI Acquisition Corporation (OTAI) priced a $100.0 million IPO of 10,000,000 units at $10.00 per unit on May 7, 2026. Each unit includes one ordinary share and one right to receive 1/4 of a share upon an initial business combination.

Units are expected to trade on NYSE as OTAIU on May 8, 2026; ordinary shares and rights will trade as OTAI and OTAIR once separated. A.G.P. is sole book‑running manager and has a 45‑day option to purchase up to 1,500,000 additional units to cover over‑allotments. The offering is subject to customary closing conditions and SEC registration.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags

FAQ

What is the current stock price of Starlink AI Acquisition (OTAI)?

Starlink AI Acquisition (OTAI) last closed at $10.14.

What is the market cap of Starlink AI Acquisition (OTAI)?

The market cap of Starlink AI Acquisition (OTAI) is approximately $136.9M.