Announcement • May 09
Stardust Power Inc. has filed a Follow-on Equity Offering in the amount of $50 million. Stardust Power Inc. has filed a Follow-on Equity Offering in the amount of $50 million.
Security Name: Common Stock
Security Type: Common Stock
Transaction Features: At the Market Offering Announcement • May 07
Stardust Power Inc. to Report Q1, 2026 Results on May 14, 2026 Stardust Power Inc. announced that they will report Q1, 2026 results After-Market on May 14, 2026 Announcement • May 01
Stardust Power Inc Receives Notice of Nasdaq Listing Non-Compliance On 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 securities requirement for 30 consecutive business days, as required under Nasdaq Listing Rule 5550(b)(2) for the Nasdaq Capital Market (the MVLS Requirement). Nasdaq also noted that the Company does not meet the requirements under Listing Rules 5550(b)(1) and 5550(b)(3). Under Nasdaq Listing Rule 5810(c)(3)(C), the Company has 180 calendar days following the date of the notice, or until October 21, 2026, to regain compliance. The Company may regain compliance with Nasdaq Listing Rule 5550(b) by satisfying any of the alternative continued listing standards set forth in that rule, including: (i) maintaining stockholders' equity of at least $2.5 million under Nasdaq Listing Rule 5550(b)(1), (ii) maintaining a market value of listed securities of at least $35 million under Nasdaq Listing Rule 5550(b)(2), or (iii) reporting net income from continuing operations of $500,000 in the most recently completed fiscal year or in two of the three most recently completed fiscal years under Nasdaq Listing Rule 5550(b)(3). To the extent the Company seeks to regain compliance through the MVLS Requirement, the Company's market value of listed securities must close at $35 million or more for a minimum of 10 consecutive business days during the 180-day compliance period. If the Company does not regain compliance with the rules prior to expiration of the compliance period, it will receive written notification that its securities are subject to delisting. The Company may appeal any future delisting determination to a hearing panel. The panel has the ability to grant a six month period to determine any appeal. During this time, the listing of the securities would not be affected. The notification received has no immediate impact on the listing of the Company's securities on the Nasdaq Capital Market. The Company will continue to monitor its MVLS Requirement and may, as appropriate, consider available options to regain compliance.