secwatch.observer — SEC 8-K summary
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Issuer:     Stardust Power Inc. (SDST)
CIK:        0001831979
Form:       8-K
Filed at:   2025-01-28T23:59:59+00:00
Accession:  0001493152-25-003908
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stardust Power raises $5.75M in public offering of common stock and warrants
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- Priced 4,792,000 units at $1.20 each (one share + one warrant); gross proceeds $5.75M
- Warrants exercisable at $1.30, immediately exercisable, expire in 5 years
- Proceeds for working capital, general corporate purposes, and to satisfy promissory notes
- A.G.P./Alliance Global Partners acted as sole placement agent; 6% fee
- Lock-up: 45-day on equity issuances, 180-day on ATM/variable rate transactions

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831979/000149315225003908/0001493152-25-003908-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831979/000149315225003908/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-003908

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer