Spider Digital Technology Ltd. and Starlink AI Acquisition Corporation Announce Definitive Business Combination Agreement
Globe Newswire•30/10/2026•18:30 ET
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Key Highlights
- ➤Spider Digital and Starlink AI signed a definitive business combination agreement
- ➤Spider Digital assigned a US$250 million valuation for merger consideration
- ➤Proposed transaction would make both companies wholly owned PubCo subsidiaries
- ➤PubCo seeks NYSE listing, subject to shareholder, SEC and listing approvals
- ➤Spider Digital operates a proprietary cryptocurrency mining pool system globally
Expert Statements
Chen Hua, Chairman, Chief Executive Officer and Founder of Spider Digital
“Over the years, we have built our mining pool business on proprietary technology, operational experience and a strong technical team. We believe this proposed Business Combination represents an important milestone for Spider Digital which could provide a platform to broaden our market presence, pursue new growth opportunities and build long-term value for our shareholders.”
Gus Liu, Chairman of the Board and Chief Executive Officer of Starlink AI
“We are pleased to enter into the Definitive Agreement with Spider Digital, a company with established technical capabilities and a track record in cryptocurrency mining pool operations. We believe the proposed transaction offers an opportunity to support Spider Digital’s next stage of development and create long-term value for shareholders as the Company seeks to enter the U.S. public markets.”
Proposed transaction would take Spider Digital’s cryptocurrency mining pool business public in the United States
Singapore and New York, Oct. 30, 2026 (GLOBE NEWSWIRE) -- Starlink AI Acquisition Corporation (NYSE: OTAI) (“Starlink AI” or “Acquiror”) and Spider Digital Technology Ltd. (“Spider Digital” or the “Company”), an operator of a cryptocurrency mining pool powered by proprietary technology, today announced that they have entered into a definitive business combination agreement dated October 30, 2026 (the “Definitive Agreement”).
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