Magnetar group discloses 7.27% OTAI stake in Starlink AI Acquisition Corp
Rhea-AI Filing Summary
STARLINK AI Acquisition Corp received a large shareholder disclosure from a group of Magnetar-affiliated entities and David J. Snyderman. As of June 30, 2026, they were deemed to beneficially own 999,990 Class A ordinary shares, representing 7.27% of the company’s outstanding Class A shares, based on 13,751,250 shares outstanding.
The position is held across several Magnetar funds, including Constellation Master Fund, Lake Credit Fund, Structured Credit Fund, Xing He Master Fund, Alpha Star Fund, Capital Master Fund, and Waterfront Series A Fund. The reporting persons have shared voting and dispositive power over all 999,990 shares and no sole voting or dispositive power.
Positive
- None.
Negative
- None.
Key Figures
Shares beneficially owned: 999,990 shares
Ownership percentage: 7.27%
Shares outstanding: 13,751,250 shares
+5 more
8 metrics
Shares beneficially owned
999,990 shares
Class A ordinary shares beneficially owned as of June 30, 2026
Ownership percentage
7.27%
Percent of STARLINK AI Acquisition Corp Class A shares outstanding
Shares outstanding
13,751,250 shares
Total Class A shares outstanding referenced from June 14, 2026 Form 10-Q
Constellation Master Fund holding
229,998 shares
Portion of Magnetar group’s STARLINK AI position
Structured Credit Fund holding
219,998 shares
Portion of Magnetar group’s STARLINK AI position
Lake Credit / Xing He / Alpha Star each
169,998 shares
Per-fund holdings for three Magnetar funds
Capital Master Fund holding
10,000 shares
Part of the Magnetar funds’ STARLINK AI holdings
Waterfront Series A holding
30,000 shares
Part of the Magnetar funds’ STARLINK AI holdings
Key Terms
beneficial owner, shared voting power, shared dispositive power, Rule 13d-3(d)(1)(i), +1 more
5 terms
beneficial owner financial
"each of the Reporting Persons were deemed to be the beneficial owner constituting approximately 7.27%"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
Rule 13d-3(d)(1)(i) regulatory
"calculated pursuant to Rule 13d-3(d)(1)(i) of the outstanding shares of the Issuer"
Power of Attorney regulatory
"Power of Attorney, dated as of December 22, 2022 filed by the Reporting Persons"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
FAQ
What ownership stake in OTAI does the Magnetar group report?
The Magnetar group reports beneficial ownership of 7.27% of STARLINK AI Acquisition Corp’s Class A ordinary shares, based on 13,751,250 shares outstanding as referenced from the issuer’s June 14, 2026 Form 10-Q.
How is the Magnetar group’s OTAI position allocated among its funds?
The 999,990 shares are split among Magnetar funds, including 229,998 for Constellation Master Fund, 169,998 each for Lake Credit, Xing He, and Alpha Star funds, 219,998 for Structured Credit Fund, 10,000 for Capital Master Fund, and 30,000 for Waterfront Series A Fund.
Who are the reporting persons in the OTAI Schedule 13G filing?
The reporting persons are Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC, and David J. Snyderman. Magnetar Financial advises the Magnetar funds that hold the STARLINK AI Acquisition Corp shares.
As of what date is the Magnetar group’s OTAI ownership reported?
The ownership information is reported as of June 30, 2026. On that date, the Magnetar group collectively beneficially owned 999,990 Class A ordinary shares of STARLINK AI Acquisition Corp, representing 7.27% of the outstanding class.
What class of OTAI securities is covered by the Magnetar filing?
The filing covers Class A ordinary shares of STARLINK AI Acquisition Corp, each with a par value of $0.0001, identified by CUSIP G8443M102 in the ownership disclosure.
AI-generated analysis. How Rhea-AI works. Not financial advice.