Stardust Power Inc. received a nasdaq delisting notice notice regarding market value (rules 5450(b)(2)(A)).
Exchange
nasdaq
Notice
delisting notice
Deficiency
market value
Rules
5450(b)(2)(A)
Exact text from the filing
hich may include a transfer to the Nasdaq Capital Market listing tier. As previously reported by Stardust on March 24, 2025, the Company received deficiency letters from the Staff on March 18, 2025, and March 19, 2025, notifying the Company that it was not in compliance with (i) Nasdaq Listing Rule 5450(b)(2)(C) requiring a listed company to maintain a minimum Market Value of Publicly Held Shares, as defined by Nasdaq, of $15 million and (ii) Nasdaq Listing Rule 5450(a)(1) requiring a listed company to maintain a minimum bid price of $1.00 per share, respectively (such requirements, the “ List
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