---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-051944"
form_type: "8-K/A"
ticker: "SDST"
cik: "0001831979"
company_name: "Stardust Power Inc."
filed_at: "2024-12-26T23:59:59+00:00"
generated_at: "2026-05-28T23:22:12.660045+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Stardust Power enters $1.8M promissory notes at 15% interest, pledges 3.4M founder shares

## Summary
- Aggregate $1.8M promissory notes issued Dec 13, 2024 to multiple lenders.
- Interest rate 15% per year, maturity March 13, 2025.
- Proceeds used for general corporate and working capital purposes.
- Collateral includes ~3.4M shares of common stock owned by founders.
- Additional commitment to issue $2.7M in common stock (min 360,000 shares) upon private placement or maturity.

## SEC filing metadata
- accession: 0001493152-24-051944
- form_type: 8-K/A
- ticker: SDST
- cik: 0001831979
- company_name: Stardust Power Inc.
- filed_at: 2024-12-26T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1831979/000149315224051944/0001493152-24-051944-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1831979/000149315224051944/form8-ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-051944
- JSON: https://secwatch.observer/filing/0001493152-24-051944.json
- Plain text: https://secwatch.observer/filing/0001493152-24-051944.txt

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