---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-005299"
form_type: "8-K"
ticker: "SDST"
cik: "0001831979"
company_name: "Stardust Power Inc."
filed_at: "2025-04-17T23:59:59+00:00"
generated_at: "2026-05-23T12:16:07.627131+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Stardust Power loses 'controlled company' status after CEO transfers 2.88M shares to trust

## Summary
- CEO Roshan Pujari transferred 2,880,000 shares for no consideration to an irrevocable trust for a family member on Apr 16-17, 2025.
- After the transfer, Mr. Pujari no longer holds >50% voting power, so Stardust Power ceases to be a Nasdaq-controlled company.
- The Company had not availed itself of any controlled company exemptions, so no governance changes are required.
- The Board of Directors approved the transfer for estate planning purposes.

## SEC filing metadata
- accession: 0001641172-25-005299
- form_type: 8-K
- ticker: SDST
- cik: 0001831979
- company_name: Stardust Power Inc.
- filed_at: 2025-04-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1831979/000164117225005299/0001641172-25-005299-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1831979/000164117225005299/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-005299
- JSON: https://secwatch.observer/filing/0001641172-25-005299.json
- Plain text: https://secwatch.observer/filing/0001641172-25-005299.txt

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