Stardust Power secures up to $10M equity facility with B. Riley

Stardust Power Inc.

Entered Common Stock Purchase Agreement with B. Riley Principal Capital II for up to $10M over 36 months.
Company may sell shares at 3% discount to VWAP via market open or intraday purchases; no obligation to sell.
Proceeds to support pre-construction and construction of lithium refinery in Muskogee, OK, and general purposes.
Registration statement on Form S-1 declared effective Feb 17, 2026, for resale by B. Riley.
$100,000 commitment fee paid; shares subject to 19.99% exchange cap unless price threshold met.

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