---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-057096"
form_type: "8-K"
ticker: "SDST"
cik: "0001831979"
company_name: "Stardust Power Inc."
filed_at: "2023-07-14T23:59:59+00:00"
generated_at: "2026-06-13T08:21:17.609634+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# SPAC Global Partner Acquisition Corp II draws $150k to extend business combination deadline

## Summary
- Drew $150k from promissory note with sponsor Global Partner Sponsor II LLC.
- Deposited into trust to extend deadline from July 14 to August 14, 2023.
- Fourth of nine one-month extensions permitted under amended charter.
- Note non-interest-bearing, matures upon business combination; up to $1.75M convertible into warrants at $1.50 each.
- If no combination, note repaid only from funds outside trust account.

## SEC filing metadata
- accession: 0001213900-23-057096
- form_type: 8-K
- ticker: SDST
- cik: 0001831979
- company_name: Stardust Power Inc.
- filed_at: 2023-07-14T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1831979/000121390023057096/0001213900-23-057096-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1831979/000121390023057096/ea181836-8k_globalpart2.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-057096
- JSON: https://secwatch.observer/filing/0001213900-23-057096.json
- Plain text: https://secwatch.observer/filing/0001213900-23-057096.txt

## Key facts
- Debt Financings
  Stardust Power Inc. incurred loan of $150,000 with Global Partner Sponsor II LLC at does not bear interest maturing matures upon closing of the Company’s initial business combination.
  - Instrument: loan
  - Principal: $150,000
  - Counterparty: Global Partner Sponsor II LLC
  - Rate: does not bear interest
  - Maturity: matures upon closing of the Company’s initial business combination
  - Event: incurrence
  source text: On July 14, 2023, Global Partner Acquisition Corp II (the “Company”) drew an aggregate of $150,000 (the “Extension Funds”), as approved by unanimous director resolution, dated July 13, 2023, pursuant to the Promissory Note, dated January 13, 2023 between the Company and Global Partner Sponsor II LLC (the “Note”), which Extension Funds the Company deposited into the Company’s trust account for its public shareholders.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1831979/000121390023057096/0001213900-23-057096-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.