regulatory
confidence high
sentiment negative
materiality 0.85
Stardust Power receives Nasdaq delisting notice for low market value; plans hearing
Stardust Power Inc.
- Received staff delist determination on Oct 1, 2025 for failing to regain compliance with Nasdaq's minimum market value of listed securities rule.
- Company had until Sept 30, 2025 to cure the deficiency but did not meet the $50M market value threshold.
- Will request a hearing before Nasdaq Hearings Panel to automatically stay delisting pending decision.
- Compliance plan may include transferring to the Nasdaq Capital Market tier.
- Previously regained compliance with minimum bid price and market value of publicly held shares by Sept 15, 2025.
item 3.01