secwatch.observer — SEC 8-K summary
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Issuer:     Stardust Power Inc. (SDST)
CIK:        0001831979
Form:       8-K
Filed at:   2025-02-10T23:59:59+00:00
Accession:  0001493152-25-005524
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831979/000149315225005524/0001493152-25-005524-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831979/000149315225005524/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-005524

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