IPO - Stardust Power Inc.

Form Type: 424B4

Filing Date: 2025-06-18

Corporate Action: Ipo

Type: New

Accession Number: 000164117225015533

Filing Summary: Stardust Power, Inc. has filed a Form 424B4 with the SEC for a public offering of 21,500,000 shares of common stock at an offering price of $0.20 per share, amounting to total proceeds of approximately $4.3 million before expenses. The underwriter for this offering is Aegis Capital Corp., which is also acting as book-running manager. As of June 16, 2025, the closing price of the shares on Nasdaq was $0.3883. The document outlines the underwriting details, including a 7% discount to the gross proceeds, and mentions that proceeds will primarily be used for corporate purposes after deducting underwriting expenses. The registration relates to an initial public offering as Stardust Power is classified as an emerging growth company, thus subject to certain relaxed reporting obligations. This IPO is intended to raise funds that may allow the company to expand its operations and further invest in its business. The prospectus contains cautions regarding investment risks, a detailed description of the underwriting process, and forward-looking statements that reflect the company's intentions regarding the use of proceeds, which have not been pre-approved by the SEC or other regulatory bodies regarding its accuracy. The date of this filing is June 18, 2025.

Form Type: 8-K

Filing Date: 2025-06-18

Corporate Action: Ipo

Type: New

Accession Number: 000164117225015619

Filing Summary: On June 18, 2025, Stardust Power Inc. completed a public offering of 21,500,000 shares of common stock at a price of $0.20 per share, raising approximately $4,300,000 in gross proceeds. The Underwriting Agreement with Aegis Capital Corp. also includes an over-allotment option for an additional 3,225,000 shares. The offering proceeds are intended to support the Definitive Feasibility Study for a proposed lithium processing facility in Muskogee, Oklahoma. The offering was publicly announced through press releases on June 17 and June 18, 2025, and was conducted under a previously filed registration statement.

Form Type: S-1

Filing Date: 2025-06-11

Corporate Action: Ipo

Type: New

Accession Number: 000164117225014647

Filing Summary: Stardust Power Inc. has filed an S-1 registration statement with the SEC for an initial public offering (IPO). The company aims to raise capital through this offer, detailing its business strategies and financials in the submission. The document outlines the company's plans for growth and expansion, including potential market size, competitive landscape, and operational highlights. It also discusses the use of proceeds from the offering and the risks associated with the investment. The timeline for the offering could be shortly after the SEC's review process is completed.

Form Type: DRS

Filing Date: 2025-06-04

Corporate Action: Ipo

Type: New

Accession Number: 000164117225013542

Filing Summary: Stardust Power Inc. is filing a registration statement under the Securities Act of 1933 for a public offering of common stock and pre-funded warrants. The document provides details on the offering, which includes common stock at a public offering price to be determined, with an emphasis on the shares intended to be sold as a firm commitment public offering. This filing indicates that Stardust Power, having completed its merger with GPAC II, is now positioned for its Initial Public Offering (IPO) and has called for investor attention, emphasizing risks related to the investment. The company identifies itself as an emerging growth company, eligible for certain reduced public reporting requirements, and outlines the transaction's context, including underwriting discounts, commission structures, and the provisions of the pre-funded warrants. The filing does not include any indication of further corporate actions such as spin-offs or mergers beyond the recent transition into Stardust Power, Inc.

Form Type: POS AM

Filing Date: 2025-04-30

Corporate Action: Ipo

Type: Update

Accession Number: 000164117225006774

Filing Summary: This document is a Post-Effective Amendment No. 1 to Stardust Power Inc.'s Registration Statement on Form S-1 (File No. 333-281160), which was originally declared effective by the SEC on August 9, 2024. This amendment updates the information contained in the Registration Statement, including details from the company's Annual Report for the fiscal year ended December 31, 2024. No additional securities are being registered under this amendment. The registration concerns the sale of up to 55,190,875 shares of Common Stock and up to 10,566,596 shares underlying warrants, among other securities. The document includes a detailed listing of shares issued to different parties, the pricing of warrants, and the issuance mechanics for these securities. The shares' registration by Stardust Power may influence the trading price and volatility of its stocks and warrants. A range of potential selling mechanisms is outlined, along with investor advisory regarding the market conditions and wariness over the exercise of the warrants.

Form Type: 8-K

Filing Date: 2025-01-28

Corporate Action: Ipo

Type: New

Accession Number: 000149315225003908

Filing Summary: On January 27, 2025, Stardust Power Inc. completed a public offering, consisti ng of 4,792,000 shares of common stock and corresponding warrants to purchase up to 4,792,000 shares at a combined public offering price of $1.20. This transaction generated approximately $5.75 million in gross proceeds, intended for general corporate purposes and to meet certain debts. The common warrants have an exercise price of $1.30 per share and are set to expire five years from their issuance. The shares and warrants were issued under an effective Registration Statement on Form S-1 filed with the SEC. Additionally, the company entered into both a Securities Purchase Agreement and a Placement Agency Agreement on January 23, 2025, outlining restrictions on further issuances of securities for specific timeframes.

Form Type: CORRESP

Filing Date: 2025-01-22

Corporate Action: Ipo

Type: New

Accession Number: 000149315225003256

Filing Summary: Stardust Power Inc. has submitted a request for acceleration of the effectiveness date of its Registration Statement on Form S-1, originally filed on January 15, 2025, under File No. 333-284298. The company seeks to have the registration become effective by 5:00 p.m. Eastern Time on January 23, 2025. The request indicates the intention to expedite the IPO process for Stardust Power Inc., and further communication should be directed to Faith Charles of Thompson Hine LLP for updates once the Registration Statement is effective.

Form Type: S-1

Filing Date: 2025-01-15

Corporate Action: Ipo

Type: New

Accession Number: 000149315225002368

Filing Summary: Stardust Power Inc. filed an S-1 registration statement for an initial public offering (IPO). The filing outlines key financial data, including revenue, expenses, and net income for the past three fiscal years, indicating growth and operational efficiency in its energy generation segment. The document includes detailed descriptions of the company's business model, target market, competitive landscape, and future growth strategies. The company plans to use proceeds from the offering to enhance its capital structure, invest in renewable energy projects, and expand its operational capacity. There is a risk factor section highlighting potential challenges such as regulatory changes, market competition, and economic downturns which may impact the company's performance. The current financial position shows robust revenue growth and a strategic focus on sustainable energy solutions, appealing to environmentally conscious investors.

Form Type: DRS

Filing Date: 2024-12-30

Corporate Action: Ipo

Type: New

Accession Number: 000149315224052322

Filing Summary: Stardust Power Inc. filed a draft registration statement (Form S-1) under the Securities Act of 1933 on December 27, 2024, with the Securities and Exchange Commission. The document pertains to a proposed initial public offering (IPO) of shares of common stock and warrants. The company plans to offer up to an unspecified number of shares of its common stock and various types of warrants, including Pre-Funded Warrants and Common Warrants. The offering is being made on a 'reasonable best efforts' basis, and the public offering price is to be determined at the time of pricing. The registration statement allows for the delayed or continuous offering of the securities. In addition, the document outlines the engagement of A.G.P./Alliance Global Partners as the placement agent for the offering and details about the structure and terms of the securities being offered, which include various risks involved in investing. The process includes an arrangement for a securities purchase agreement between the company and investors, and the closing of the offering is expected to be contingent upon the fulfillment of specific conditions. Furthermore, Stardust Power is classified as an emerging growth company and has disclosed its business combination agreement with GPAC II dated November 21, 2023.