Every material Form 8-K Starlink AI Acquisition Corp has filed with the SEC since May 15, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Starlink AI Acquisition Corp (OTAI), a blank check company, signed a business combination agreement on October 30, 2026 with Singapore-based Spider Digital Technology, a cryptocurrency mining pool operator. Spider Digital is valued at $250 million, and the transaction would take it public through a new holding company, PubCo, expected to list on the New York Stock Exchange. The deal requires approval from both companies' shareholders and an effective Form F-4 registration statement, so shareholders will have a vote on it.
Spider Digital valued at $250 million; about 25,000,000 PubCo ordinary shares to be issued to Spider Digital shareholders
OTAI units separate into shares and rights; each four rights convert into one PubCo share
PubCo board of five directors, chaired by Spider Digital founder Chen Hua, with one seat designated by the sponsor JKapital Ltd.
If the deal terminates due to certain Spider Digital breaches or a failed Spider Digital shareholder vote, Spider Digital reimburses up to $500,000 of expenses
Starlink AI Acquisition Corporation said the underwriters partially exercised their over-allotment option, buying 500,000 units at $10.00 per unit for $5,000,000 in gross proceeds, with the sale closing on May 27, 2026. The company also sold 4,750 private units to its sponsor, JKapital Ltd., for $47,500, and the filing says a total of $105,525,000 from the offering sales was placed in trust.
500,000 Option Units sold at $10.00 per unit for $5,000,000 gross proceeds; underwriters notified the company on May 20, 2026 and the sale closed May 27, 2026
4,750 Private Units sold to sponsor JKapital Ltd. at $10.00 per unit for $47,500, issued under Section 4(a)(2) with a transfer lock-up until 30 days after the business combination
A total of $105,525,000 ($10.05 per unit) of net offering proceeds was placed in a trust account with Continental Stock Transfer & Trust Company as trustee
Starlink AI Acquisition Corporation, a blank check company, closed its initial public offering of 10,000,000 units at $10.00 per unit on May 11, 2026, generating gross proceeds of $100,000,000. The company placed $100,500,000 in a U.S.-based trust account and filed an audited May 11, 2026 balance sheet, which shows a going concern doubt tied to its 12-month deadline to complete a business combination.
IPO of 10,000,000 units at $10.00 per unit, gross proceeds of $100,000,000, closed May 11, 2026
Private placement of 221,500 units to sponsor JKapital Ltd. for $2,215,000
$100,500,000 ($10.05 per public unit) placed in trust account with Continental Stock Transfer & Trust Company as trustee
Auditor expresses substantial doubt about going concern; company has until May 11, 2027 to complete a business combination
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Starlink AI Acquisition Corp filing is on SEC EDGAR ↗. 8-K briefs of other companies →