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Spider Digital Technology Ltd. and Starlink AI Acquisition Corporation Announce Definitive Business Combination Agreement

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Spider Digital Technology Ltd. and Starlink AI Acquisition Corporation Announce Definitive Business Combination Agreement

Starlink AI Acquisition Corporation and Spider Digital Technology Ltd. (“Spider Digital” or the “Company”), an operator of a cryptocurrency mining pool powered by proprietary technology, announced that they have entered into a definitive business combination agreement dated October 30, 2026 (the “Definitive Agreement”).

The Definitive Agreement was entered into by Starlink AI, Spider Digital, Spider Digital Technology Group (“PubCo”), Spider Digital Merger Ltd, a direct wholly owned subsidiary of PubCo (“Merger Sub I”), and StarLink AI Merger Ltd, a direct wholly owned subsidiary of PubCo (“Merger Sub II”). Upon completion of the proposed business combination (the “Business Combination”), Spider Digital and Starlink AI would become wholly owned subsidiaries of PubCo, which is expected to become a publicly listed company in the United States, subject to applicable listing requirements and approvals.

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Mr. Chen Hua, Chairman, Chief Executive Officer and Founder of Spider Digital, commented, “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.”

Mr. Gus Liu, Chairman of the Board and Chief Executive Officer of Starlink AI, commented, “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.


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