---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-039723"
form_type: "8-K"
ticker: "SDST"
cik: "0001831979"
company_name: "Stardust Power Inc."
filed_at: "2026-08-21T21:15:33+00:00"
generated_at: "2026-08-21T21:16:53.966683+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Stardust Power issues 304,878 shares to Lind after default-triggered conversion

## Summary
- Lind converted $150,000 of 2025 Convertible Note at $0.492/share on Aug 17, 2026.
- Company issued 304,878 common shares on Aug 20, 2026; no cash proceeds received.
- Remaining principal under note: $3,430,000; mandatory default amounts may be due.
- Market cap below $15M for 10 days triggered event of default, as disclosed in Q2 10-Q.
- Outstanding shares now 14,523,933; conversion based on Section 3(a)(9) exemption.

## SEC filing metadata
- accession: 0001493152-26-039723
- form_type: 8-K
- ticker: SDST
- cik: 0001831979
- company_name: Stardust Power Inc.
- filed_at: 2026-08-21T21:15:33+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1831979/000149315226039723/0001493152-26-039723-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1831979/000149315226039723/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-039723
- JSON: https://secwatch.observer/filing/0001493152-26-039723.json
- Plain text: https://secwatch.observer/filing/0001493152-26-039723.txt

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