SPAC Starlink AI Acquisition files for a $60 million IPO
May 8, 2026 News
SPAC Starlink AI Acquisition prices $100 million IPO, targeting businesses in the Americas, Europe, and Asia
Starlink AI Acquisition, a blank check company targeting businesses in the Americas, Europe, and Asia, raised $100 million by offering 10 million units at $10. Each unit consists of one share of common stock, and one right to receive a one-fourth of one share at the time of the business combination.
IPO Overview
Starlink AI Acquisition, a blank check company targeting businesses in the Americas, Europe, and Asia, filed on Thursday with the SEC to raise up to $60 million in an initial public offering.
The New York, NY-based company plans to raise $60 million by offering 6 million units at $10. Each unit consists of one share of common stock and rights to one-eighth of a share.
Starlink AI Acquisition is led by CEO and Director Gus Liu, the CEO of WeSoul Labs. Effective upon the offering, he will be joined by CFO Gracie Gao, an associate at E Fund Management. The SPAC plans to target businesses in North America, South America, Europe, or Asia. The company has no affiliation to Elon Musk’s start-up Starlink.
The New York, NY-based company was founded in 2025 and plans to list on the Nasdaq under the symbol OTAIU. Starlink AI Acquisition filed confidentially on November 7, 2025. A.G.P. is the sole bookrunner on the deal.
About the Company
Starlink AI Acquisition Corporation is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. Our efforts to identify a prospective target business will not be limited to a particular industry, while we intend to focus on identifying a prospective target business in North America, South America, Europe, or Asia. The management team possesses a deep understanding of the technology space and market opportunities globally and in our focus region.