other_material
confidence high
sentiment neutral
materiality 0.65
Stardust Power closes $4.3M public offering of 21.5M shares at $0.20/share
Stardust Power Inc.
- Gross proceeds ~$4.3M from 21,500,000 common shares at public price of $0.20.
- Underwriter Aegis Capital granted 45-day option for up to 3,225,000 additional shares (15% over-allotment); if exercised total gross ~$4.9M.
- Proceeds to support general corporate purposes and completion of Definitive Feasibility Study (DFS/FEL-3) for Muskogee lithium facility.
- Offering closed on June 18, 2025 under effective registration statement on Form S-1.
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