---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-032219"
form_type: "8-K/A"
ticker: "SDST"
cik: "0001831979"
company_name: "Stardust Power Inc."
filed_at: "2024-08-14T23:59:59+00:00"
generated_at: "2026-05-31T09:24:27.830975+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Stardust Power H1 net loss $4.1M, no revenue; cash $642k, going concern flagged

## Summary
- Net loss of $4.1M in H1 2024 ($0.47 diluted EPS); Q2 net loss $2.7M ($0.31); no revenue.
- Accumulated deficit $7.9M, stockholders' deficit $7.7M as of June 30, 2024.
- Post-merger combined cash from PIPE ($10M) and trust ($1.48M); $7.55M transaction costs; cash may be inadequate for 12 months.
- Business combination with GPAC II closed July 8, 2024; combined company renamed Stardust Power Inc. (SDST).
- Earn-out: up to 5M additional shares if VWAP ≥ $12 for 20 trading days in any 30-day period before 2032.

## SEC filing metadata
- accession: 0001493152-24-032219
- form_type: 8-K/A
- ticker: SDST
- cik: 0001831979
- company_name: Stardust Power Inc.
- filed_at: 2024-08-14T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1831979/000149315224032219/0001493152-24-032219-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1831979/000149315224032219/form8-ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-032219
- JSON: https://secwatch.observer/filing/0001493152-24-032219.json
- Plain text: https://secwatch.observer/filing/0001493152-24-032219.txt

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