---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-007282"
form_type: "8-K"
ticker: "SDST"
cik: "0001831979"
company_name: "Stardust Power Inc."
filed_at: "2026-02-18T23:59:59+00:00"
generated_at: "2026-05-16T02:09:23.284653+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-26-007282
- form_type: 8-K
- ticker: SDST
- cik: 0001831979
- company_name: Stardust Power Inc.
- filed_at: 2026-02-18T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1831979/000149315226007282/0001493152-26-007282-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1831979/000149315226007282/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-007282
- JSON: https://secwatch.observer/filing/0001493152-26-007282.json
- Plain text: https://secwatch.observer/filing/0001493152-26-007282.txt

## Key facts
- Equity Issuances
  Stardust Power Inc. issued up to $10,000,000 of newly issued shares of common stock of common stock to B. Riley Principal Capital II, LLC for subject to a fixed 3.0% discount to VWAP.
  - Security: common stock
  - Shares: up to $10,000,000 of newly issued shares of common stock
  - Purchaser: B. Riley Principal Capital II, LLC
  - Consideration: subject to a fixed 3.0% discount to VWAP
  source text: on Nasdaq during such Market Open Purchase Valuation Period falls below the applicable minimum price threshold determined in accordance with the Purchase Agreement, less a fixed 3.0% discount to the VWAP for such Market Open Purchase Valuation Period. The calculations of the VWAP and the volume of shares traded for purposes of determining whether such volume
  evidence_url: https://www.sec.gov/Archives/edgar/data/1831979/000149315226007282/0001493152-26-007282-index.htm
- Material Agreements
  Stardust Power Inc. entered into Registration Rights Agreement with B. Riley Principal Capital II, LLC (effective 2026-02-12).
  - Action: entry
  - Counterparty: B. Riley Principal Capital II, LLC
  - Effective: 2026-02-12
  source text: greement ”) and a related Registration Rights Agreement (the “ Registration Rights Agreement ”) with B. Riley Principal Capital II, LLC (“ B.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1831979/000149315226007282/0001493152-26-007282-index.htm
- Material Agreements
  Stardust Power Inc. entered into Common Stock Purchase Agreement with B. Riley Principal Capital II, LLC valued at up to $10,000,000 (effective 2026-02-12).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: B. Riley Principal Capital II, LLC
  - Value: up to $10,000,000
  - Effective: 2026-02-12
  source text: On February 12, 2026, Stardust Power Inc. (the " Company ") entered into a Common Stock Purchase Agreement (the " Purchase Agreement ") and a related Registration Rights Agreement (the " Registration Rights Agreement ") with B. Riley Principal Capital II, LLC
  evidence_url: https://www.sec.gov/Archives/edgar/data/1831979/000149315226007282/0001493152-26-007282-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.