Recent Updates — GPACU
Stardust Power Inc. filed Amendment No. 2 to its Prospectus Supplement on September 22, 2026, updating the maximum number of shares issuable under its At Market Issuance Sales Agreement with B. Riley Securities, Inc. This amendment increases the aggregate amount of Placement Shares available for issuance by up to an additional $6,076,872. The sales are conducted pursuant to a registration statement on Form S-3 declared effective on April 16, 2026. Stardust Power Inc. operates in the renewable energy sector, focusing on power generation technologies.
Stardust Power Inc. filed an amendment to its Prospectus Supplement on September 17, 2026, updating the maximum number of shares issuable under its At Market Issuance Sales Agreement with B. Riley Securities, Inc. The amendment increases the aggregate amount of Placement Shares available for issuance by up to $8,990,537. This offering is conducted pursuant to the Company's effective Form S-3 registration statement filed on April 9, 2026. Stardust Power Inc. operates in the renewable energy sector, focusing on power generation technologies.
Stardust Power Inc. received a notice from Nasdaq on September 11, 2026, indicating it no longer satisfies the minimum bid price requirement of $1.00 per share due to its closing price over the preceding 30 business days. The company has an 180-day compliance period until March 10, 2027, to regain compliance by maintaining a closing bid price of at least $1.00 for ten consecutive business days. This follows a previous notice regarding the market value requirement with a deadline of October 21, 2026. The filing does not announce a specific reverse stock split but notes that such an action would be required if delisting appears imminent. Stardust Power Inc. operates in the power generation industry.