other material
confidence high
sentiment neutral
materiality 0.50
Stardust Power lowers minimum stock price for $50M equity facility to $0.50
Stardust Power Inc.
- Amendment reduces the minimum closing price threshold from $1.00 to $0.50 per share for stock purchases by B. Riley.
- Total $50M common stock purchase agreement with B. Riley Principal Capital II remains unchanged.
- All other terms of the original October 7, 2024 Purchase Agreement stay in effect.