---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-040332"
form_type: "8-K"
ticker: "SDST"
cik: "0001831979"
company_name: "Stardust Power Inc."
filed_at: "2024-10-07T23:59:59+00:00"
generated_at: "2026-05-30T19:28:39.677161+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Stardust Power signs $50M common stock purchase agreement with B. Riley

## Summary
- Company may sell up to $50M of new common shares to B. Riley over 36 months at its discretion.
- Issued 63,694 commitment shares valued at $7.85/share based on Oct 4, 2024 closing price.
- Sale price set at VWAP minus 3% discount; subject to 9,569,701 share exchange cap and 4.99% beneficial ownership limit.
- Proceeds intended for working capital and general corporate purposes; no obligation to sell.
- B. Riley agreed not to engage in short sales or hedging of SDST stock during agreement term.

## SEC filing metadata
- accession: 0001493152-24-040332
- form_type: 8-K
- ticker: SDST
- cik: 0001831979
- company_name: Stardust Power Inc.
- filed_at: 2024-10-07T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1831979/000149315224040332/0001493152-24-040332-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1831979/000149315224040332/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-040332
- JSON: https://secwatch.observer/filing/0001493152-24-040332.json
- Plain text: https://secwatch.observer/filing/0001493152-24-040332.txt

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