secwatch.observer — SEC 8-K summary
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Issuer:     Stardust Power Inc. (SDST)
CIK:        0001831979
Form:       8-K
Filed at:   2023-04-14T23:59:59+00:00
Accession:  0001213900-23-029892
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.03
LLM model:  deepseek-v4-flash:cloud@v2

Global Partner Acquisition Corp II extends deadline by one month via $150k draw on sponsor note
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- Drew $150,000 under Promissory Note with sponsor Global Partner Sponsor II LLC to extend business combination deadline.
- Extension moves deadline from April 14, 2023 to May 14, 2023; first of nine possible one-month extensions.
- Note bears no interest, matures upon business combination, and is non-recourse except from trust account surplus.
- Up to $1,750,000 principal may be converted into warrants at $1.50 per warrant, identical to private placement warrants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831979/000121390023029892/0001213900-23-029892-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831979/000121390023029892/ea176981-8k_globalpart2.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-029892

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer