secwatch.observer — SEC 8-K summary
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Issuer:     Stardust Power Inc. (SDST)
CIK:        0001831979
Form:       8-K
Filed at:   2023-07-14T23:59:59+00:00
Accession:  0001213900-23-057096
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 2.03
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831979/000121390023057096/0001213900-23-057096-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831979/000121390023057096/ea181836-8k_globalpart2.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-057096

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