Every 8-K that Starlink AI Acquisition Corporation (OTAI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow OTAI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full OTAI filings page.
Starlink AI Acquisition Corporation reports the partial exercise of its IPO over-allotment option and related private placements, updating its post-IPO balance sheet. Underwriters purchased 500,000 additional Units at $10.00 each, adding $5,000,000 of gross proceeds. The sponsor bought 4,750 additional Private Units at $10.00 per unit, contributing another $47,500.
Including the initial 10,000,000 Units sold in the IPO for $100,000,000 and 221,500 Private Placement Units for $2,215,000, a total of $105,525,000 was placed in a trust account as of May 27, 2026. The unaudited pro forma balance sheet shows total assets of $106,366,800, with $105,665,011 recorded as ordinary shares subject to possible redemption.
Starlink AI Acquisition Corporation, a Cayman Islands-based blank check company, completed its IPO of 10,000,000 units at $10.00 each, raising gross proceeds of $100,000,000. Each unit includes one ordinary share and one right to receive one-fourth of an ordinary share after a business combination. The sponsor also bought 221,500 private units for $2,215,000. In total, $100,500,000 was deposited into a U.S. trust account, while $718,100 of cash remains outside for working capital.
An audited balance sheet as of May 11, 2026 shows total assets of $101,289,100, including the trust balance. Ordinary shares subject to possible redemption total $100,500,000, and transaction costs were $4,797,695, largely related to underwriting fees and offering expenses. The auditor issued a going concern warning, noting that the company must complete a business combination within 12 months of the IPO, or 15 months if a definitive deal is announced, or it will be required to liquidate and return trust funds to public shareholders.
Starlink AI Acquisition Corporation, a Cayman Islands blank check company, has completed its initial public offering. The company sold 10,000,000 units at $10.00 each, with every unit containing one ordinary share and one right to receive one-fourth of an ordinary share, raising gross proceeds of $100,000,000.
At the same time, the sponsor purchased 221,500 private units at $10.00 per unit for $2,215,000. As of May 11, 2026, a total of $100,500,000 from the IPO and private placement was placed into a trust account for the benefit of public shareholders. The company also put in place its key IPO-related agreements, adopted an Amended and Restated Memorandum and Articles of Association, and appointed independent directors Richard Lu and Xue Feng to the board and its committees.