SPAC Starlink AI Acquisition prices $100 million IPO, targeting businesses in the Americas, Europe, and Asia
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Starlink AI Acquisition, a SPAC, has priced its IPO at $100 million, offering 10 million units at $10 each. Each unit includes one share of common stock and a right to receive a quarter share upon business combination. Led by CEO Gus Liu and CFO Gracie Gao, the company targets businesses in the Americas, Europe, and Asia. It will trade on the NYSE under the symbol OTAIU, with A.G.P. as the sole bookrunner. Notably, it has no affiliation with Elon Musk's Starlink.
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