Stardust Power Inc. shareholders approved Approval of an Amendment and Restatement of the Company’s 2024 Equity Incentive Plan.
“The stockholders approved an amendment and restatement of the Company’s 2024 Equity Incentive Plan, with votes as follows: FOR AGAINST ABSTENTIONS BROKER NON-VOTES 3,251,765 252,333 5,156 3,144,246”
Shareholder Votes
Stardust Power Inc. shareholders rejected Approval of an Amendment of the Company’s Certificate of Incorporation to clarify the director removal provision.
“The stockholders did not approve the amendment of the Company’s Certificate of Incorporation to clarify the director removal provision, with votes as follows: FOR AGAINST ABSTENTIONS BROKER NON-VOTES 3,495,722 8,725 4,807 3,144,246”
Shareholder Votes
Stardust Power Inc. shareholders approved Approval of the Issuance of Shares of Common Stock in Accordance with Nasdaq Listing Rules (to Lind Global Asset Management XIII LLC).
“The stockholders approved, for purposes of complying with Nasdaq Listing Rule 5635, the issuance of shares of Common Stock to Lind Global Asset Management XIII LLC, with votes as follows: FOR AGAINST ABSTENTIONS BROKER NON-VOTES 3,311,967 190,554 6,733 3,144,246”
Shareholder Votes
Stardust Power Inc. shareholders approved Ratification of Selection of Independent Registered Public Accounting Firm KNAV CPA LLP at the 2026-12-31 meeting.
“The selection of KNAV CPA LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026 was ratified by the stockholders, with votes as follows: FOR AGAINST ABSTENTIONS BROKER NON-VOTES 6,546,354 69,354 37,792 0”
Shareholder Votes
Stardust Power Inc. shareholders approved Election of Directors to serve one-year term expiring at 2027 Annual Meeting.
“The stockholders elected each of the director nominees set forth below to serve a one-year term expiring at the 2027 Annual Meeting of Stockholders or until their successors are duly elected and qualified, with votes as follows: FOR WITHHOLD BROKER NON-VOTES Roshan Pujari 3,480,943 28,311 3,144,246 Anupam Agarwal 3,460,636 48,618 3,144,246 Charlotte Nangolo 3,482,531 26,723 3,144,246 Mark Rankin 3,482,843 26,411 3,144,246 Michael Earl Cornett Sr. 3,475,340 33,914 3,144,246 Sudhindra Kankanwadi 3,480,754 28,500 3,144,246”
Material Agreements
Stardust Power Inc. entered into At Market Issuance Sales Agreement with B. Riley Securities, Inc. valued at $5,000,000 (effective 2026-05-08).
“On May 8, 2026, Stardust Power Inc. (the “Company”) entered into an At Market Issuance Sales Agreement (the “Sales Agreement”) with B. Riley Securities, Inc. (the “Agent”). Pursuant to the terms of the Sales Agreement, the Company may sell from time to time through the Agent, shares of the Company’s common stock, par value $0.0001 per share, having an aggregate offering price of up to $5,000,000 (the “Shares”).”
Listing & Compliance Notices
Stardust Power Inc. received a nasdaq deficiency notice notice regarding market value (rules 5550(b)(2), 5550(b)(1), 5550(b)(3), 5810(c)(3)(C)).
“April 24, 2026, Stardust Power Inc. (the “ Company ”) was notified by the listing qualifications staff of Nasdaq Regulation (“ Nasdaq ”) that the Company did not satisfy the minimum $35 million market value of the listed”
Equity Issuances
Stardust Power Inc. issued up to $10,000,000 of newly issued shares of common stock of common stock to B. Riley Principal Capital II, LLC for subject to a fixed 3.0% discount to VWAP.
“on Nasdaq during such Market Open Purchase Valuation Period falls below the applicable minimum price threshold determined in accordance with the Purchase Agreement, less a fixed 3.0% discount to the VWAP for such Market Open Purchase Valuation Period. The calculations of the VWAP and the volume of shares traded for purposes of determining whether such volume”
Material Agreements
Stardust Power Inc. entered into Registration Rights Agreement with B. Riley Principal Capital II, LLC (effective 2026-02-12).
“greement ”) and a related Registration Rights Agreement (the “ Registration Rights Agreement ”) with B. Riley Principal Capital II, LLC (“ B.”
Material Agreements
Stardust Power Inc. entered into Common Stock Purchase Agreement with B. Riley Principal Capital II, LLC valued at up to $10,000,000 (effective 2026-02-12).
“On February 12, 2026, Stardust Power Inc. (the " Company ") entered into a Common Stock Purchase Agreement (the " Purchase Agreement ") and a related Registration Rights Agreement (the " Registration Rights Agreement ") with B. Riley Principal Capital II, LLC”
Equity Issuances
Stardust Power Inc. issued approximately 419,162 shares of warrant to Lind Global Asset Management XIII LLC.
“Under the SPA, upon closing (which occurred on December 23, 2025) , the Company received gross proceeds of approximately $4.0 million in exchange for issuance to Lind of a Senior Secured Convertible Promissory Note in the amount of $4.8 million (the “Note”) and a Common Stock Purchase Warrant (the “Warrant”), for the purchase of approximately 419,162 shares (the “Warrant Shares”).”
Equity Issuances
Stardust Power Inc. issued convertible note to Lind Global Asset Management XIII LLC for gross proceeds of approximately $4.0 million.
“Under the SPA, upon closing (which occurred on December 23, 2025) , the Company received gross proceeds of approximately $4.0 million in exchange for issuance to Lind of a Senior Secured Convertible Promissory Note in the amount of $4.8 million (the “Note”) and a Common Stock Purchase Warrant (the “Warrant”), for the purchase of approximately 419,162 shares (the “Warrant Shares”).”
Material Agreements
Stardust Power Inc. entered into Securities Purchase Agreement with Lind Global Asset Management XIII LLC valued at approximately $4.0 million (effective 2025-12-23).
“On December 23, 2025, Stardust Power Inc. (the “Company”) entered into a Securities Purchase Agreement (the “SPA”) with Lind Global Asset Management XIII LLC (“Lind”). Under the SPA, upon closing (which occurred on December 23, 2025) , the Company received gross proceeds of approximately $4.0 million”
Debt Financings
Stardust Power Inc. incurred convertible notes of $4.8 million with Lind Global Asset Management XIII LLC at does not accrue interest maturing twenty (20) monthly installments of $240,000 commencing one hundred and twenty (120) days from issuance date.
“On December 23, 2025, Stardust Power Inc. (the “Company”) entered into a Securities Purchase Agreement (the “SPA”) with Lind Global Asset Management XIII LLC (“Lind”). Under the SPA, upon closing (which occurred on December 23, 2025), the Company received gross proceeds of approximately $4.0 million in exchange for issuance to Lind of a Senior Secured Convertible Promissory Note in the amount of $4.8 million (the “Note”)”
Material Agreements
Stardust Power Inc. terminated Common Stock Purchase Agreement with B. Riley Principal Capital II, LLC valued at termination of agreements; make-whole payment of $471,942.90 (effective 2025-12-11).
“On December 11, 2025, Stardust Power Inc. (the “ Company ”) and B. Riley Principal Capital II, LLC (the “ Investor ”) entered into a letter agreement pursuant to which the parties mutually agreed to terminate, effective as of 4:30 p.m., New York City time, on December 11, 2025 (the “ Termination Effective Time ”), that certain Common Stock Purchase Agreement, dated October 7, 2024, as amended, and the related Registration Rights Agreement, dated October 7, 2024 (collectively, the “ Agreements ”)”
Equity Issuances
Stardust Power Inc. issued 730,689 shares of Common Stock of common stock to institutional investor for no cash proceeds.
“Pursuant to the Exchange Agreement, the Investor agreed to irrevocably exchange all of its warrants to purchase shares of the Company’s common stock, par value $0.0001 per share (“ Common Stock ”), originally issued on March 16, 2025 (the “ Existing Warrants ”), representing the right to purchase an aggregate of 958,400 shares of Common Stock (the “ Warrant Shares ”), for newly issued shares of Common Stock at an exchange ratio of 1.31 Warrant Shares for 1 share of Common Stock, resulting in the issuance to the Investor of 730,689 shares of Common Stock (the “ Acquired Shares ”) at closing (the “ Exchange ”).”
Listing & Compliance Notices
Stardust Power Inc. received a nasdaq delisting notice notice regarding market value (rules 5450(b)(2)(A)).
“hich may include a transfer to the Nasdaq Capital Market listing tier. As previously reported by Stardust on March 24, 2025, the Company received deficiency letters from the Staff on March 18, 2025, and March 19, 2025, notifying the Company that it was not in compliance with (i) Nasdaq Listing Rule 5450(b)(2)(C) requiring a listed company to maintain a minimum Market Value of Publicly Held Shares, as defined by Nasdaq, of $15 million and (ii) Nasdaq Listing Rule 5450(a)(1) requiring a listed company to maintain a minimum bid price of $1.00 per share, respectively (such requirements, the “ List”
Governance Changes
Stardust Power Inc.: Filed a certificate of amendment to effectuate a 1-for-10 reverse stock split of Common Stock (effective 2025-09-08).
“On September 3, 2025, the Stardust Power Inc. (the “Company”) filed a certificate of amendment to the Company’s Certificate of Incorporation (the “Amendment”) with the Secretary of State of the State of Delaware to effectuate a 1-for-10 reverse stock split (the “Reverse Stock Split”) of the outstanding shares of the Common Stock.”
Martyn Buttenshaw resigned as Director at Stardust Power Inc..
“On June 19, 2025, Martyn Buttenshaw resigned as a member of the board of directors of the Company.”
Listing & Compliance Notices
Stardust Power Inc. received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(2)(A)).
“April 3, 2025, Stardust Power Inc. (“ Stardust ”) received written notice from the Listing Qualifications Department (the “ Staff ”) of The Nasdaq Stock Market LLC (“ Nasdaq ”) notifying Stardust that, based on the market value of listed securities for the previous 30 consecutive business days, the listing of Stardust’s common stock was not in compliance with Nasdaq Listing Rule 5450(b)(2)(A) to maintain a minimum market value of listed securities of at least $50 million (the “ MVLS Requirement ”). In accordance with Nasdaq rules, Stardust has a period of 180 calendar days (or until September”
Listing & Compliance Notices
Stardust Power Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1)).
“March 19, 2025, Stardust Power Inc. (“ Stardust ”) received deficiency letters (each a “ Notice ” and together, the “ Notices ”) from the Listing Qualifications Department of the Nasdaq Stock Market, LLC (“ Nasdaq ”) notifying Stardust that: ● for the last 30 consecutive business days, the minimum Market Value of Publicly Held Shares, as defined by Nasdaq (“ MVPHS ”), of Stardust’s common stock has been below the minimum $15 million requirement for continued listing on the Nasdaq Global Select Market under Nasdaq Listing Rule 5450(b)(2)(C) (the “ Minimum Market Value of Publicly Held Shar”
Listing & Compliance Notices
Stardust Power Inc. received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(2)(C)).
“March 18, 2025, notified Stardust of the MVPHS deficiency, and the Notice Dated March 19, 2025, notified stardust of the Minimum Bid Requirement deficiency. These Notices have no immediate effect on the listing of Stardust’s common stock. In accordance with Nasdaq Listing Rules 5810(c)(3)(D), Stardust has 180 calendar days, or until September 15, 2025, to regain compliance with the Minimum Market Value of Publicly Held Share Requirement by maintaining $15 million or more market value of publicly held shares for a minimum of ten consecutive business days during this period. In accordance with N”
Paramita Das changed role as Chief Strategy Officer and Senior Advisor to the Chief Executive Officer at Stardust Power Inc..
“Effective March 16, 2025, as a result of restructuring certain internal reporting lines and responsibilities, Paramita Das, Chief Strategy Officer and Senior Advisor to the Chief Executive Officer, will no longer be an executive officer of the Company or an officer for purposes of Section 16 of the Securities Exchange Act of 1934, as amended.”
Paramita Das changed role as Chief Strategy Officer at Stardust Power Inc..
“Additionally, on January 7, 2025, the Company made certain organizational changes, and in connection therewith, determined that in light of Paramita Das’s responsibilities and authority as Chief Strategy Officer and Senior Advisor to the Chief Executive Officer, Ms. Das shall be designated as an “executive officer” of the Company within the meaning of the applicable rules and regulations of the Securities and Exchange Commission, and as an “officer” of the Company for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, effective January 1, 2025.”
Chris Celano was appointed as Chief Operating Officer at Stardust Power Inc..
“On January 7, 2025, the Company announced the appointment of Chris Celano as the Company’s Chief Operating Officer, effective January 1, 2025.”
M&A Transactions
Stardust Power Inc. underwent a change of control involving Global Partner Acquisition Corp II (closed 2024-07-08).
“As a result of the completion of the Business Combination pursuant to the Business Combination Agreement, a change of control of GPAC II occurred.”
Charlotte Nangolo was appointed as Director at Stardust Power Inc..
“the following individuals were appointed to the Board: Roshan Pujari, Mark Rankin, Chandra Patel, Sudhindra Kankanwadi, Michael Earl Cornett Sr., Anupam Agarwal, and Charlotte Nangolo.”
Anupam Agarwal was appointed as Director at Stardust Power Inc..
“the following individuals were appointed to the Board: Roshan Pujari, Mark Rankin, Chandra Patel, Sudhindra Kankanwadi, Michael Earl Cornett Sr., Anupam Agarwal, and Charlotte Nangolo.”
Michael Earl Cornett Sr. was appointed as Director at Stardust Power Inc..
“the following individuals were appointed to the Board: Roshan Pujari, Mark Rankin, Chandra Patel, Sudhindra Kankanwadi, Michael Earl Cornett Sr., Anupam Agarwal, and Charlotte Nangolo.”
Sudhindra Kankanwadi was appointed as Director at Stardust Power Inc..
“the following individuals were appointed to the Board: Roshan Pujari, Mark Rankin, Chandra Patel, Sudhindra Kankanwadi, Michael Earl Cornett Sr., Anupam Agarwal, and Charlotte Nangolo.”
Chandra Patel was appointed as Director at Stardust Power Inc..
“the following individuals were appointed to the Board: Roshan Pujari, Mark Rankin, Chandra Patel, Sudhindra Kankanwadi, Michael Earl Cornett Sr., Anupam Agarwal, and Charlotte Nangolo.”
Mark Rankin was appointed as Director at Stardust Power Inc..
“the following individuals were appointed to the Board: Roshan Pujari, Mark Rankin, Chandra Patel, Sudhindra Kankanwadi, Michael Earl Cornett Sr., Anupam Agarwal, and Charlotte Nangolo.”
Roshan Pujari was appointed as Director at Stardust Power Inc..
“the following individuals were appointed to the Board: Roshan Pujari, Mark Rankin, Chandra Patel, Sudhindra Kankanwadi, Michael Earl Cornett Sr., Anupam Agarwal, and Charlotte Nangolo.”
Pablo Cortegoso was appointed as Chief Technical Officer at Stardust Power Inc..
“Pablo Cortegoso, as Chief Technical Officer”
Udaychandra Devasper was appointed as Chief Financial Officer at Stardust Power Inc..
“Udaychandra Devasper, as Chief Financial Officer”
Roshan Pujari was appointed as Chief Executive Officer at Stardust Power Inc..
“Roshan Pujari, as Chief Executive Officer”
William Kerr resigned as Director at Stardust Power Inc..
“each of Gary DiCamillo, Claudia Hollingsworth and William Kerr resigned from their positions as directors of GPAC II”
Claudia Hollingsworth resigned as Director at Stardust Power Inc..
“each of Gary DiCamillo, Claudia Hollingsworth and William Kerr resigned from their positions as directors of GPAC II”
Gary DiCamillo resigned as Director at Stardust Power Inc..
“each of Gary DiCamillo, Claudia Hollingsworth and William Kerr resigned from their positions as directors of GPAC II”
Richard C. Davis resigned as President and Director at Stardust Power Inc..
“Richard C. Davis resigned from his positions as President and Director”
Graeme Shaw resigned as Chief Technology Officer at Stardust Power Inc..
“Graeme Shaw resigned from his position as GPAC II’s Chief Technology Officer”
Jarett Goldman resigned as Chief Financial Officer at Stardust Power Inc..
“Jarett Goldman resigned from his position as GPAC II’s Chief Financial Officer”
Chandra Patel resigned as Chief Executive Officer and Chairman at Stardust Power Inc..
“Chandra Patel resigned from his positions as GPAC II’s Chief Executive Officer and Chairman”
Material Agreements
Stardust Power Inc. amended Amendment with Global Partner Acquisition Corp II, Strike Merger Sub I, Inc., Strike Merger Sub II, LLC (effective 2024-04-24).
“On April 24, 2024, Global Partner Acquisition Corp II, a Cayman Islands exempted company (“GPAC II”), Strike Merger Sub I, Inc., a Delaware corporation and direct wholly-owned subsidiary of GPAC II, Strike Merger Sub II, LLC, a Delaware limited liability company and direct wholly-owned subsidiary of GPAC II, and Stardust Power Inc., a Delaware corporation (“Stardust Power”), entered into Amendment No. 1 (the “Amendment”) to that certain Business Combination Agreement, dated November 21, 2023”
Listing & Compliance Notices
Stardust Power Inc. received a nasdaq deficiency notice notice regarding other (rules 5620(a)).
“January 29, 2024, the Company received a notice from the Nasdaq stating that the Company failed to hold an annual meeting of stockholders within 12 months after its fiscal year ended December 31, 2022, as required by Nasdaq Listing Rule 5620(a). This matter serves as an additional basis for delisting the Company’s securities from Nasdaq and the Panel will consider this additional matter in its decision regarding the Company’s continued listing on Nasdaq. The Company presented its views with respect to this additional deficiency to the Panel in writing on February 5, 2024. There can be no assur”
Listing & Compliance Notices
Stardust Power Inc. received a nasdaq delisting notice notice regarding other (rules IM-5101-2).
“January 17, 2024, Global Partner Acquisition Corp II (the “Company” and “GPAC II”) received a written notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that, unless the Company timely requests a hearing before the Nasdaq Hearings Panel (the “Panel”), the Company’s securities (shares, warrants, and rights) would be subject to suspension and delisting from The Nasdaq Capital Market at the opening of business on January 25, 2024, due to the Company’s non-compliance with Nasdaq IM-5101-2, which requires that a special purpose acquisition company”
Governance Changes
Stardust Power Inc.: The Company filed an amendment to its amended and restated memorandum and articles of association to extend the deadline to consummate a business combination from January 14, 2024 to July 14, 2024, and to eliminate the redemption limitation and allow founder share conversion (effective 2024-01-11).
“On January 9, 2024, Global Partner Acquisition Corp II (“GPAC II” and “Company”) held the extraordinary general meeting of shareholders of the Company (the “Extension Meeting”) to amend (the “Articles Amendment”), by way of special resolution, the Company’s amended and restated memorandum and articles of association (as amended, the “Amended Articles”) to extend the date by which the Company has to consummate a business combination from January 14, 2024 to July 14, 2024 for a total of an additional six months after January 14, 2024, unless the closing of a business combination shall have occurred prior thereto (collectively, the “Extension Amendment Proposal”); to eliminate, by way of special resolution, from the Amended Articles the limitation that GPAC II may not redeem Class A ordinary shares, par value $.0001 per share (the “Class A Ordinary Shares” and “Public Shares”), to the extent that such redemption would result in GPAC II having net tangible assets of less than $5,000,001 (t”
Shareholder Votes
Stardust Power Inc. shareholders approved Founder Conversion Amendment Proposal at the 2024-01-09 meeting.
“The Founder Conversion Amendment Proposal For Against Abstain 9,555,313 1,009 3,186”
Shareholder Votes
Stardust Power Inc. shareholders approved Redemption Limitation Amendment Proposal at the 2024-01-09 meeting.
“The Redemption Limitation Amendment Proposal For Against Abstain 9,555,313 1,009 3,186”
Shareholder Votes
Stardust Power Inc. shareholders approved Extension Amendment Proposal at the 2024-01-09 meeting.
“The Extension Amendment Proposal For Against Abstain 9,533,581 22,841 3,186”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.