STOCK TITAN

CVI Investments, Heights Capital disclose 7.8% stake in Starlink AI (OTAI)

(Moderate)
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

Starlink AI Acquisition Corporation ownership statement: CVI Investments, Inc. and Heights Capital Management, Inc. report collective beneficial ownership of 999,990 shares of the Company, representing 7.8% of the class. The filing notes units structure and states 12,871,500 Shares outstanding as of the Prospectus completion.

The holders say Heights Capital Management, Inc. acts as investment manager to CVI Investments, Inc. and may exercise shared voting and dispositive power; each Reporting Person disclaims beneficial ownership except for pecuniary interest. The filing was signed by Sarah Travis.

Positive

  • None.

Negative

  • None.

Insights

Large passive stake disclosed via Schedule 13G; manager relationship noted.

The filing reports 999,990 shares held by CVI Investments, Inc. and attributed in part to Heights Capital Management, Inc. as investment manager. The shares are held as part of units; each unit includes one Share and a right to receive one-fourth of a Share upon an initial business combination.

Ownership equals 7.8% of the class based on the Prospectus figure of 12,871,500 Shares outstanding. Subsequent filings would show any change in position. Cash‑flow treatment and transactional timing are not described in the provided excerpt.

Shared voting/dispositive power disclosed with a limited power-of-attorney reference.

The statement clarifies Heights Capital Management, Inc. may exercise shared voting and dispositive power over the shares owned by CVI Investments, Inc., and references a Limited Power of Attorney (Exhibit 24). The Reporting Persons disclaim beneficial ownership beyond pecuniary interest.

Governance implications hinge on who directs votes; the filing documents the manager-client relationship but does not describe voting intentions or plans to transact.

Shares beneficially owned 999,990 shares Reported by CVI Investments/Heights Capital
Percent of class 7.8% Calculated using Prospectus outstanding share figure
Shares outstanding 12,871,500 Shares As of completion of the offering per the Prospectus
Unit structure 1 Share + right to 0.25 Share Each unit consists of one Share and a right to receive one-fourth of a Share
Schedule 13G regulatory
"This statement is filed by the entities listed below"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Beneficially owned financial
"Amount beneficially owned: The information required by this Item 4(a)"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Units (one Share + one-fourth Share right) financial
"Each unit consists of one Share and one right to receive one-fourth of a Share"
Limited Power of Attorney (Exhibit 24) legal
"Heights Capital serves as authorized agent ... Limited Power of Attorney"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

How are the reported shares held according to the Schedule 13G?

The shares are held as part of units, where each unit consists of one Share and a right to receive one-fourth of a Share upon consummation of an initial business combination. The filing references the Company’s Prospectus for unit details.

What is the relationship between CVI Investments and Heights Capital Management?

Heights Capital Management, Inc. serves as investment manager to CVI Investments, Inc. and may exercise shared voting and dispositive power over the reported shares, per the filing and an attached Limited Power of Attorney (Exhibit 24).

Does the filing state whether these holders intend to sell or vote the shares?

The filing discloses shared voting/dispositive power and a pecuniary interest but does not state any intention to sell, vote a particular way, or describe planned transactions. No transaction timing or proceeds information is provided in the excerpt.

What does the 7.8% figure use as its basis?

The 7.8% figure is based on the Prospectus statement that there were 12,871,500 Shares outstanding as of completion of the offering referenced in the Prospectus (Registration No. 333-292878).





G8443M128

(CUSIP Number)
05/08/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G




Comment for Type of Reporting Person: With respect to Row 6 and Row 8 above, Heights Capital Management, Inc. is the investment manager to CVI Investments, Inc. and as such may exercise voting and dispositive power over the shares reported as beneficially owned by CVI Investments, Inc. herein.


SCHEDULE 13G




Comment for Type of Reporting Person: With respect to Row 6 and Row 8 above, Heights Capital Management, Inc. is the investment manager to CVI Investments, Inc. and as such may exercise voting and dispositive power over the shares reported as beneficially owned by CVI Investments, Inc. herein.


SCHEDULE 13G



CVI Investments, Inc.
Signature:/s/ Sarah Travis
Name/Title:Sarah Travis, Assistant General Counsel and Assistant Secretary of Heights Capital Management, Inc.
Date:05/15/2026
Heights Capital Management, Inc.
Signature:/s/ Sarah Travis
Name/Title:Sarah Travis, Assistant General Counsel and Assistant Secretary
Date:05/15/2026

Comments accompanying signature: Heights Capital Management, Inc. serves as authorized agent of CVI Investments, Inc. pursuant to a Limited Power of Attorney, a copy of which is attached as Exhibit 24 hereto.
Exhibit Information

EXHIBIT INDEX EXHIBIT DESCRIPTION ________ ________ 24 Limited Power of Attorney 99 Joint Filing Agreement