Starlink AI agrees to merge with Spider Digital
OTAI•Starlink AI signed a definitive agreement to combine with cryptocurrency mining pool operator Spider Digital in a transaction valued at US$250 million. The combined company is expected to list publicly in the United States, subject to shareholder approvals, NYSE listing approval and other closing conditions.
1. Merger agreement
Starlink AI signed a definitive agreement to combine with cryptocurrency mining pool operator Spider Digital in a transaction valued at US$250 million. Both companies would become wholly owned subsidiaries of Spider Digital Technology Group, which is expected to list publicly in the United States. Completion requires shareholder approvals from both companies, NYSE listing approval and other closing conditions.
