Stardust Power Inc. (SDST): Nasdaq/NYSE listing notice — Stardust Power receives Nasdaq deficiency notices for low MVPHS and bid price

March 19, 2025, Stardust Power Inc. (“ Stardust ”) received deficiency letters (each a “ Notice ” and together, the “ Notices ”) from the Listing Qualifications Department of the Nasdaq Stock Market, LLC (“ Nasdaq ”) notifying Stardust that: ● for the last 30 consecutive business days, the minimum Market Value of Publicly Held Shares, as defined by Nasdaq (“ MVPHS ”), of Stardust’s common stock has been below the minimum $15 million requirement for continued listing on the Nasdaq Global Select Market under Nasdaq Listing Rule 5450(b)(2)(C) (the “ Minimum Market Value of Publicly Held Shar

March 18, 2025, notified Stardust of the MVPHS deficiency, and the Notice Dated March 19, 2025, notified stardust of the Minimum Bid Requirement deficiency. These Notices have no immediate effect on the listing of Stardust’s common stock. In accordance with Nasdaq Listing Rules 5810(c)(3)(D), Stardust has 180 calendar days, or until September 15, 2025, to regain compliance with the Minimum Market Value of Publicly Held Share Requirement by maintaining $15 million or more market value of publicly held shares for a minimum of ten consecutive business days during this period. In accordance with N