secwatch.observer — SEC 8-K summary
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Issuer:     Stardust Power Inc. (SDST)
CIK:        0001831979
Form:       8-K
Filed at:   2024-06-28T23:59:59+00:00
Accession:  0001213900-24-056846
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.85
Item codes: 5.07, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

GPAC shareholders approve Stardust Power merger; 1.66M shares redeemed for $18.9M
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- All seven proposals approved, including Business Combination, Domestication, Charter, and Nasdaq listing.
- Holders of 1,660,035 Class A shares exercised redemptions at ~$11.38/share, aggregate $18,893,209.
- After redemptions, only 134,550 non-sponsor shares remain in trust (~$1.53M) for Combined Company.
- Post-closing, Combined Company expected to trade on Nasdaq as SDST (common) and SDSTW (warrants).
- Closing expected in coming weeks pending satisfaction of remaining conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831979/000121390024056846/0001213900-24-056846-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831979/000121390024056846/ea0208667-8k425_global2.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-056846

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