Sec Form 4 Filing - JKapital Ltd. @ Starlink AI Acquisition Corp - 2026-05-27

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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
JKapital Ltd.
2. Issuer Name and Ticker or Trading Symbol
Starlink AI Acquisition Corp [ OTAI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O STARLINK AI ACQUISITION CORPORATION,, 605W W 42ND STREET
3. Date of Earliest Transaction (MM/DD/YY)
05/27/2026
(Street)
NEW YORK, NY10036
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Ordinary Shares ( 1 ) 05/27/2026 P 4,750 A $ 10 3,101,250 ( 2 ) ( 3 ) ( 4 ) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Right ( 2 ) 05/27/2026 P 4,750 ( 2 ) ( 2 ) Ordinary Shares 1,187 $ 0 226,250 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
JKapital Ltd.
C/O STARLINK AI ACQUISITION CORPORATION,
605W W 42ND STREET
NEW YORK, NY10036
X
Liu Yiheng (Gus)
605W W 42ND STREET
NEW YORK, NY10036
X X Chief Executive Officer
Signatures
JKapital Ltd., By: /s/ Liu Yiheng (Gus), Sole Director 05/27/2026
Signature of Reporting Person Date
Liu Yiheng (Gus), By: /s/ Liu Yiheng (Gus) 05/27/2026
Signature of Reporting Person Date
Explanation of Responses:
( 1 )This report is filed jointly by (i) JKapital Ltd., a British Virgin Islands business company (the "Sponsor"), and (ii) Liu Yiheng (Gus), sole director of the Sponsor who beneficially owns 100.0% of the Sponsor's equity interests.
( 2 )Reflects 4,750 units (each, a "Unit" and collectively, the "Units") of Starlink AI Acquisition Corporation (the "Issuer") purchased by the Sponsor in a private placement concurrent with the over-allotment option exercised by the underwriters which closed on May 27, 2026. Each Unit consists of (i) one ordinary share, par value $0.0001 per share of the Issuer (each, an "Ordinary Share" and collectively, the "Ordinary Shares") and (ii) one right that entitles the holder thereof to receive one-fourth (1/4) of one Ordinary Share upon consummation of the Issuer's initial business combination (each, a "Right"). Each Right will automatically convert into one-fourth (1/4) of one Ordinary Share upon the Issuer's consummation of an initial business combination.
( 3 )Includes (i) 2,875,000 Ordinary Shares previously reported by the Reporting Persons in the Form 3s filed by the Reporting Persons on May 7, 2026, (ii) 221,500 Ordinary Shares included in the 221,500 Units previously reported by the Reporting Persons in the Form 4 filed by the Reporting Persons on May 11, 2026, and (iii) 4,750 Ordinary Shares included in the 4,750 Units acquired by the Reporting Persons in the transaction reported herein.
( 4 )Includes 375,000 Ordinary Shares that are subject to forfeiture depending on the extent of the underwriter's over-allotment exercise, as described in the Issuer's registration statement on Form S-1 (File No. 333-292878).

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