Stardust Power receives Nasdaq delisting notice for failing MVLS requirement; stock at risk

Stardust Power Inc.

Nasdaq notified Stardust Power that its market value of listed securities fell below $35M for 30 consecutive business days.
Company has 180 days (until October 21, 2026) to regain compliance with Nasdaq Listing Rule 5550(b).
To comply, must meet one alternative: stockholders' equity ≥$2.5M, MVLS ≥$35M for 10 days, or net income ≥$500K in recent fiscal year.
Oklahoma Governor's office and Department of Commerce expressed support for Company's proposed Lithium Refinery Project.

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