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.
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 will trade on the NYSE under the symbol OTAIU. A.G.P. acted as sole bookrunner on the deal.
