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.
Key Figures
Shares beneficially owned:999,990 sharesPercent of class:7.8%Shares outstanding:12,871,500 Shares+1 more
4 metrics
Shares beneficially owned999,990 sharesReported by CVI Investments/Heights Capital
Percent of class7.8%Calculated using Prospectus outstanding share figure
Shares outstanding12,871,500 SharesAs of completion of the offering per the Prospectus
Unit structure1 Share + right to 0.25 ShareEach unit consists of one Share and a right to receive one-fourth of a Share
Key Terms
Schedule 13G, Beneficially owned, Units (one Share + one-fourth Share right), Limited Power of Attorney (Exhibit 24)
4 terms
Schedule 13Gregulatory
"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 ownedfinancial
"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"
What stake does CVI Investments report in Starlink AI Acquisition Corporation (OTAI)?
CVI Investments reports beneficial ownership of 999,990 shares, representing 7.8% of the outstanding ordinary shares. This percentage is calculated using the Prospectus figure of 12,871,500 Shares outstanding as of the offering completion.
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).
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Starlink AI Acquisition Corporation
(Name of Issuer)
Ordinary Shares, $0.0001 par value per share
(Title of Class of Securities)
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
CUSIP Number(s):
G8443M128
1
Names of Reporting Persons
CVI Investments, Inc.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
999,990.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
999,990.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
999,990.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.8 %
12
Type of Reporting Person (See Instructions)
CO
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
CUSIP Number(s):
G8443M128
1
Names of Reporting Persons
Heights Capital Management, Inc.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
999,990.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
999,990.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
999,990.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
7.8 %
12
Type of Reporting Person (See Instructions)
CO
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
Item 1.
(a)
Name of issuer:
Starlink AI Acquisition Corporation
(b)
Address of issuer's principal executive offices:
605W W 42nd Street, New York, NY 10036
Item 2.
(a)
Name of person filing:
This statement is filed by the entities listed below, who are collectively referred to herein as "Reporting Persons," with respect to the ordinary shares of Starlink AI Acquisition Corporation (the "Company"), $0.0001 par value per share (the "Shares").
(i) CVI Investments, Inc.
(ii) Heights Capital Management, Inc.
(b)
Address or principal business office or, if none, residence:
The address of the principal business office of CVI Investments, Inc. is:
P.O. Box 309GT
Ugland House
South Church Street
George Town
Grand Cayman
KY1-1104
Cayman Islands
The address of the principal business office of Heights Capital Management, Inc. is:
101 California Street, Suite 3250
San Francisco, California 94111
(c)
Citizenship:
Citizenship is set forth in Row 4 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
(d)
Title of class of securities:
Ordinary Shares, $0.0001 par value per share
(e)
CUSIP Number(s):
G8443M128
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The information required by this Item 4(a) is set forth in Row 9 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
The Shares reported as beneficially owned herein are held as part of units. Each unit consists of one Share and one right to receive one-fourth of a Share upon consummation of an initial business combination, as described in more detail in the Company's Prospectus (Registration No. 333-292878), filed on May 8, 2026 (the "Prospectus").
The Prospectus indicates there were 12,871,500 Shares outstanding as of the completion of the offering of the Shares referred to therein.
(b)
Percent of class:
7.8 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
The information required by this Item 4(c)(i) is set forth in Row 5 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
(ii) Shared power to vote or to direct the vote:
The information required by this Item 4(c)(ii) is set forth in Row 6 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
Heights Capital Management, Inc., which serves as the investment manager to CVI Investments, Inc., may be deemed to be the beneficial owner of all Shares owned by CVI Investments, Inc. Each of the Reporting Persons hereby disclaims any beneficial ownership of any such Shares, except for their pecuniary interest therein.
(iii) Sole power to dispose or to direct the disposition of:
The information required by this Item 4(c)(iii) is set forth in Row 7 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
(iv) Shared power to dispose or to direct the disposition of:
The information required by this Item 4(c)(iv) is set forth in Row 8 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
Heights Capital Management, Inc., which serves as the investment manager to CVI Investments, Inc., may be deemed to be the beneficial owner of all Shares owned by CVI Investments, Inc. Each of the Reporting Persons hereby disclaims any beneficial ownership of any such Shares, except for their pecuniary interest therein.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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