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AI brief of an SEC Form 8-K · Starlink AI Acquisition Corp (OTAI)

Starlink AI Acquisition sells 500,000 over-allotment units for $5 million

Neutral Impact 2 of 5 financing Written later

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.

Key points

  • 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

The filing

CompanyStarlink AI Acquisition Corp (OTAI)
Form8-K, current report
Filed with the SECJun 2, 2026, 4:05 PM ET
Accession number0001493152-26-026866

Items reported: 3.02 Unregistered Equity Sale8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:48 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 02, 2026.

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.