secwatch.observer — SEC 8-K summary
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Issuer:     Stardust Power Inc. (SDST)
CIK:        0001831979
Form:       8-K
Filed at:   2025-01-07T23:59:59+00:00
Accession:  0001493152-25-001118
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 3.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stardust Power appoints Chris Celano COO; enters $550K securities placement
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- Chris Celano named COO effective Jan 1, 2025; base salary $350K, $1.5M RSU pending.
- Paramita Das designated executive officer as Chief Strategy Officer; salary $500K.
- Company signed term sheets for $550K private placement of common stock (95% of bid) and warrants; closing Jan 2025.
- Proceeds to be used for capital expenditures, working capital, and general corporate purposes.
- Das indirectly lent $250K to company at 15% interest, maturing March 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831979/000149315225001118/0001493152-25-001118-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831979/000149315225001118/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-001118

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