Stardust Power files to sell 4.65M shares of common stock, warrants

The company is offering on a “reasonable best efforts” basis up to 4.65M shares of common stock and common warrants to purchase 4.65M shares of common stock based on an assumed combined public offering price of $2.69 per share and accompanying common warrant, which is equal to the closing price of the common stock on the Nasdaq on January 13, 2025. Each share of common stock is being sold together with a common warrant to purchase one share of common stock.