$OTAI·8-K

Starlink AI Acquisition Corp · Jun 2, 4:05 PM ET

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Starlink AI Acquisition Corp 8-K

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Starlink AI Acquisition (OTAI) Announces Private Unit Issuance

What Happened
Starlink AI Acquisition Corp (OTAI) filed an 8-K on June 2, 2026 reporting the issuance of private units in a non‑public transaction. The company said the Private Units were issued without underwriting discounts or commissions and the sale was made pursuant to Section 4(a)(2) of the Securities Act of 1933, meaning it was not a public offering. The filing also includes a pro forma balance sheet as of May 27, 2026.

Key Details

  • Filing date: June 2, 2026 (Accession 0001493152-26-026866).
  • Issuance type: Private Units sold in an unregistered transaction under Section 4(a)(2).
  • No underwriting discounts or commissions were paid in connection with the sale.
  • Exhibit included: Pro Forma Balance Sheet as of May 27, 2026 (Exhibit 99.1).

Why It Matters
An unregistered private issuance can change the company’s capitalization and potentially dilute existing public shareholders depending on the size and terms of the units. The pro forma balance sheet gives investors a view of the company’s financial position after the transaction. Investors should review the pro forma exhibit and any future disclosures for specifics on the number of units issued, pricing and effects on shares outstanding.

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