secwatch.observer — SEC 8-K summary
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Issuer:     Stardust Power Inc. (SDST)
CIK:        0001831979
Form:       8-K
Filed at:   2025-03-17T23:59:59+00:00
Accession:  0001493152-25-010486
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 1.01, 3.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stardust Power raises ~$3M via warrant exercise inducement, issues new warrants for 9.6M shares
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- Exercising holder exercises 4.79M existing warrants at reduced price of $0.62/share; gross proceeds ~$3M.
- Company issues new Inducement Warrants for 9.58M shares at $0.70 exercise price, exercisable after shareholder approval.
- New warrants are private placement, not registered; resale registration statement to be filed within 45 days.
- Paramita Das, Chief Strategy Officer, ceases to be an executive officer effective March 16, 2025, retains title.
- A.G.P./Alliance Global Partners acted as exclusive financial advisor.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831979/000149315225010486/0001493152-25-010486-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831979/000149315225010486/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-010486

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