{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-054788","form_type":"8-K","ticker":"SDST","cik":"0001831979","company_name":"Stardust Power Inc.","filed_at":"2024-06-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.548595+00:00","generated_at":"2026-06-01T02:57:27.784522+00:00","sec_items":["1.01","8.01","3.02","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"GPAC II cuts Stardust Power deal EV to $447.5M, secures $10.1M PIPE at $9.35/share","bullets":["Amendment No. 2 reduces enterprise value from $450M to $447.5M; Sponsor waives 1.71M private placement warrants.","PIPE agreements with institutional and other investors total $10.075M at $9.35/share, for 1,077,541 shares.","PIPE proceeds to fund post-close operations; no more than $3M expected drawn on existing equity line.","Pro forma combined net loss of $8.5M for FY2023; basic EPS loss of $0.18-$0.19 depending on redemptions.","Post-close ownership: Stardust Power ~88-91%, Sponsor ~6%, PIPE investors ~2% under various redemption scenarios."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-054788","json":"https://secwatch.observer/filing/0001213900-24-054788.json","markdown":"https://secwatch.observer/filing/0001213900-24-054788.md","text":"https://secwatch.observer/filing/0001213900-24-054788.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1831979/000121390024054788/0001213900-24-054788-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1831979/000121390024054788/ea0208192-8k425_global2.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T02:57:27.784522+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}