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Stardust Power Amends Stock Purchase Agreement

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Stardust Power Amends Stock Purchase Agreement

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An announcement from Stardust Power ( (SDST) ) is now available.

Stardust Power Inc. and B. Riley Principal Capital II, LLC have amended their Common Stock Purchase Agreement, originally dated October 7, 2024. The amendment, made on May 15, 2025, lowers the minimum closing price threshold for the company’s stock from $1.00 to $0.50 per share, allowing greater flexibility in stock sales while maintaining other terms of the agreement.

The most recent analyst rating on (SDST) stock is a Buy with a $13.00 price target. To see the full list of analyst forecasts on Stardust Power stock, see the SDST Stock Forecast page.

Spark’s Take on SDST Stock

According to Spark, TipRanks’ AI Analyst, SDST is a Underperform.

Stardust Power’s stock score is significantly hindered by its poor financial performance, characterized by consistent losses, negative equity, and cash flow issues. Technical analysis adds to the negative outlook with a lack of market momentum. Valuation metrics further highlight the company’s challenges, with a negative P/E ratio and no dividend yield.

To see Spark’s full report on SDST stock, click here.

More about Stardust Power

Average Trading Volume: 491,834

Technical Sentiment Signal: Sell

Current Market Cap: $43.02M

See more data about SDST stock on TipRanks’ Stock Analysis page.

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