other_material
confidence high
sentiment neutral
materiality 0.35
Stardust Power shareholders elect directors, approve reverse stock split and warrant issuance at annual meeting
Stardust Power Inc.
- All seven director nominees elected with >39.8M votes for each; broker non-votes of 6.46M.
- Ratification of KNAV CPA LLP as auditor for FY2025: 46.1M for, 206k against, 365k abstain.
- Reverse stock split authorized at ratio 1-for-10 to 1-for-100; Board to set timing and exact ratio.
- Shareholders approved issuance of up to 9.584M shares upon exercise of certain warrants under Nasdaq Rule 5635(d).
item 5.07