{"url_path":"/sec/otai-un/8-k/2026-06-02/item-8-01","section_key":"item-8-01","section_title":"Item 8.01 Other Events.**","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-02","source_url":"https://www.sec.gov/Archives/edgar/data/2094076/0001493152-26-026866-index.html","accession_number":"0001493152-26-026866","cik":"0002094076","ticker":"OTAI","issuer_name":"Starlink AI Acquisition Corp","edgar_url":"https://www.sec.gov/Archives/edgar/data/2094076/0001493152-26-026866-index.html","primary_entity_key":"0002094076","primary_entity_name":"Starlink AI Acquisition Corp"},"word_count":499,"has_tables":true,"body_markdown":"**Item\n8.01. Other Events.**\n\n** **\n\nAs\npreviously reported, on May 11, 2026, Starlink AI Acquisition Corporation (the “**Company**”) consummated its initial\npublic offering (“**IPO**”) of 10,000,000 units (the “**Units**,” each a “**Unit**”). Each\nUnit consists of one ordinary share of the Company, par value $0.0001 per share (each an “**Ordinary Share**”) and one\nright (each a “**Right**”), with each Right entitling the holder to receive one-fourth of one Ordinary Share upon the\nconsummation of the Company’s initial business combination. The Units were sold at a price of $10.00 per Unit, generating gross\nproceeds of $100,000,000 to the Company. Simultaneously with the consummation of the IPO, the Company consummated the private placement\nof 221,500 Units to the Company’s sponsor, JKapital Ltd. (the “**Sponsor**”), at a price of $10.00 per Unit,\ngenerating gross proceeds of $2,215,000. A total of $100,500,000 out of the aggregate gross proceeds was placed in a U.S.-based trust\naccount maintained by Continental Stock Transfer & Trust Company, acting as trustee.\n\n \n\nThe\nCompany granted the underwriters a 45-day option to purchase up to an additional 1,500,000 Units to cover over-allotments, if any. On\nMay 20, 2026, the underwriters notified the Company of their partial exercise of the over-allotment option to purchase 500,000 Units\n(the “**Option Units**”) at a price of $10.00 per Option Unit, generating gross proceeds of $5,000,000. Simultaneously\nwith the consummation of the partial exercise of the over-allotment option, the Company consummated the private placement of 4,750 Units\nto the Sponsor (the “**Private Units**,” each a “**Private Unit**”), at a price of $10.00 per Private Unit,\ngenerating gross proceeds of $47,500. The Private Units were issued pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended,\nas the transactions did not involve a public offering. The Private Units are identical to the Units sold in the IPO, subject to certain\nlimited exceptions as described in the registration statement on Form S-1 (File No. 333-292878), initially filed by the Company with\nthe U.S. Securities and Exchange Commission (the “**SEC**”) on January 22, 2026, as amended (the “**Registration\nStatement**”). The Sponsor agreed not to transfer, assign or sell any of the Private Units or underlying securities (except in\nlimited circumstances, as described in the Registration Statement) until 30 days following the completion of the Company’s initial\nbusiness combination. The Sponsor was also granted certain demand and piggyback registration rights in connection with the purchase of\nthe Private Units.\n\n \n\nAn\naudited balance sheet as of May 11, 2026, reflecting receipt of the proceeds upon consummation of the IPO and the related transactions,\nwas issued by the Company and included as Exhibit 99.1 to a Current Report on Form 8-K filed with the SEC on May 15,\n2026.\n\n \n\nAn\nunaudited pro forma balance sheet as of May 27, 2026, reflecting the receipt of the proceeds upon the consummation of the partial\nexercise of the underwriters’ over-allotment option and the related transactions, is included as Exhibit 99.1 to this Current Report\non Form 8-K and is incorporated herein by reference."}