Stardust Power secures exclusive KMX VMD license; issues 500K shares as royalty

Stardust Power Inc.

Exclusive license for KMX's VMD technology for lithium concentration in US, Canada, and select international markets.
Stardust Power to issue 500,000 common shares to KMX as royalty; shares subject to lock-up and trading restrictions.
Agreement term (2, 5, or 7 years) depends on stock price at 240 days; renewable if 3+ VMD units purchased.
Technology expected to cut energy/water use and lower costs at planned Muskogee refinery (up to 50,000 mtpa lithium).
Stardust Power must exclusively purchase all KMX VMD units during the term.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.