secwatch.observer — SEC 8-K summary
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Issuer:     Stardust Power Inc. (SDST)
CIK:        0001831979
Form:       8-K
Filed at:   2023-10-13T23:59:59+00:00
Accession:  0001013762-23-003828
Event type: debt
Sentiment:  neutral
Materiality: 0.30
Item codes: 2.03
LLM model:  deepseek-v4-flash:cloud@v2

Global Partner Acquisition Corp II draws $150K from sponsor note for one-month extension to Nov 14, 2023
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- Drew $150,000 from Promissory Note issued to sponsor Global Partner Sponsor II LLC on Oct 13, 2023.
- Funds deposited into trust to extend deadline by one month from Oct 14 to Nov 14, 2023.
- This is the seventh of nine permitted one-month extensions under the company's charter.
- Note bears no interest, matures upon business combination or from funds outside trust if no deal.
- Up to $1.75M of principal can be converted into warrants at $1.50 per warrant.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831979/000101376223003828/0001013762-23-003828-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831979/000101376223003828/ea186732-8k_globalpart2.htm
  HTML page:      https://secwatch.observer/filing/0001013762-23-003828

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