secwatch.observer — SEC 8-K summary
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Issuer:     Stardust Power Inc. (SDST)
CIK:        0001831979
Form:       8-K
Filed at:   2025-04-08T23:59:59+00:00
Accession:  0001641172-25-003256
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Stardust Power receives third Nasdaq deficiency notice for MVLS; delisting risk
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- On April 3, 2025, Nasdaq notified Stardust Power common stock failed MVLS requirement (minimum $50M) for 30 consecutive days.
- Company has 180 days (until Sept 30, 2025) to regain compliance by achieving $50M MVLS for 10 consecutive business days.
- Prior deficiency letters received March 18-19, 2025 for minimum bid price ($1.00) and market value of publicly held shares ($15M).
- Failure to cure may result in delisting; company may consider transfer to Nasdaq Capital Market as an option.
- Stardust Power (SDST) trades on Nasdaq Global Market; warrants (SDSTW) also listed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831979/000164117225003256/0001641172-25-003256-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831979/000164117225003256/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-003256

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