secwatch.observer — SEC 8-K summary
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Issuer:     Stardust Power Inc. (SDST)
CIK:        0001831979
Form:       8-K
Filed at:   2026-02-18T23:59:59+00:00
Accession:  0001493152-26-007282
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831979/000149315226007282/0001493152-26-007282-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831979/000149315226007282/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-007282

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