other_material
confidence high
sentiment neutral
materiality 0.60
Stardust Power announces 1-for-10 reverse stock split effective Sept 8 to regain Nasdaq compliance
Stardust Power Inc.
- 1-for-10 reverse stock split effective September 8, 2025; outstanding shares reduced to ~8.46 million.
- No fractional shares issued; cash in lieu at Sept 5 closing price for fractional entitlements.
- Ticker SDST unchanged; new CUSIP 854936 200; par value remains $0.0001.
- Stockholders approved reverse split on June 9, 2025; board authorized final ratio and timing.
- CEO Roshan Pujari states split ensures access to public markets and institutional investors.
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