SPAC Starlink AI Acquisition increases shares offered by 67% ahead of $100 million IPO
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Starlink AI Acquisition, a SPAC targeting businesses in the Americas, Europe, and Asia, has increased its IPO size from $60 million to $100 million by offering 10 million units at $10 each. Each unit includes one share of common stock and a right to receive one-eighth of an ordinary share upon a business combination. Led by CEO Gus Liu, the company plans to list on the NYSE under the symbol OTAIU. A.G.P. is the sole bookrunner for the deal.
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