Martyn Buttenshaw
On June 19, 2025, Martyn Buttenshaw resigned as a member of the board of directors of the Company.
Highest-materiality recent filing
Stardust Power signs ATM equity facility with B. Riley for up to $5M
Entered At Market Issuance Sales Agreement with B. Riley Securities for up to $5,000,000 of common stock.
Stardust Power receives Nasdaq delisting notice for failing MVLS requirement; stock at risk
Nasdaq notified Stardust Power that its market value of listed securities fell below $35M for 30 consecutive business days.
Stardust Power secures LOI for up to $150M project-level financing for lithium refinery
Non-binding LOI with single institutional investor for up to $150M at project level via equity, debt, or hybrid financing.
Entered non-binding LOI for supply of up to 15,000 metric tons per annum LCE as lithium chloride from a California brine project.
Stardust Power reports FY 2025 net loss $15.7M; cash $3.5M and going concern doubt
Net loss improved to $15.7M from $23.8M; EPS loss of $2.13 vs $5.55.
Stardust Power secures up to $10M equity facility with B. Riley
Entered Common Stock Purchase Agreement with B. Riley Principal Capital II for up to $10M over 36 months.
Stardust Power hires Bruce Czachor as General Counsel, Chief Compliance Officer & Secretary
Appointment effective January 26, 2026; Czachor reports directly to CEO Roshan Pujari.
Air quality construction permit from Oklahoma DEQ; final significant permit for construction and commissioning.
Stardust Power secures up to $15M convertible debt facility for Oklahoma lithium refinery
Initial $4.0M drawdown under $15M senior secured convertible note with Lind; note $4.8M plus warrant for ~419,162 shares.
Stardust Power terminates equity purchase agreement with B. Riley; $471,942 make-whole payment
Mutual termination effective Dec 11, 2025 of Common Stock Purchase Agreement dated Oct 7, 2024 with B. Riley Principal Capital II.
Stardust Power gets Black & Veatch validation for Muskogee lithium refinery Phase 1
Independent review by Black & Veatch affirms low technical/design risk for Muskogee lithium carbonate refinery.
Stardust Power signs LOI with Mandrake for 7,500 tpa LCE supply from Utah project
Non-binding LOI for 7,500 metric tons per annum of lithium carbonate equivalent as lithium chloride.
Nasdaq approved transfer of listing from Global Market to Capital Market effective Oct 29, 2025.
Stardust Power exchanges 958,400 warrants for 730,689 new shares, eliminating warrant overhang
Entered into Warrant Exchange Agreement with institutional investor to exchange 958,400 existing warrants for 730,689 newly issued shares of common stock.
Stardust Power signs non-binding LOI with Prairie Lithium for 6,000 mt/yr lithium chloride supply
Non-binding LOI with Prairie Lithium for 6,000 metric tons/year of lithium chloride feedstock from Saskatchewan, Canada.
Stardust Power receives Nasdaq delisting notice for low market value; plans hearing
Received staff delist determination on Oct 1, 2025 for failing to regain compliance with Nasdaq's minimum market value of listed securities rule.
Stardust Power completes FEL-3 study for Oklahoma lithium refinery; Phase 1 capex ~$500M
Phase 1 capacity: 25,000 mtpa battery-grade lithium, expandable to 50,000 mtpa in Phase 2.
Stardust Power announces 1-for-10 reverse stock split effective Sept 8 to regain Nasdaq compliance
1-for-10 reverse stock split effective September 8, 2025; outstanding shares reduced to ~8.46 million.
Stardust Power closes partial over-allotment, raising $220k additional gross proceeds
Underwriter exercised option for 1,100,000 shares at $0.20/share, adding $220k in gross proceeds.
Director Martyn Buttenshaw resigns from Stardust Power board, no disagreement cited
Martyn Buttenshaw resigned as a director on June 19, 2025.
Stardust Power closes $4.3M public offering of 21.5M shares at $0.20/share
Gross proceeds ~$4.3M from 21,500,000 common shares at public price of $0.20.
All seven director nominees elected with >39.8M votes for each; broker non-votes of 6.46M.
On June 19, 2025, Martyn Buttenshaw resigned as a member of the board of directors of the Company.
Max materiality 0.85 · Median 0.60 · Most common event other_material