Stardust Power (SDST) Prices 4.79M Share Offering at $1.20/sh

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Go back to Stardust Power (SDST) Prices 4.79M Share Offering at $1.20/sh

Stardust Power Inc. Announces Pricing of $5.75 Million Public Offering

January 24, 2025 8:00 AM EST

GREENWICH, Conn., Jan. 24, 2025 (GLOBE NEWSWIRE) -- Stardust Power Inc. (NASDAQ: SDST) (Stardust Power or the Company), an American developer of battery-grade lithium products, today announced the pricing of its reasonable best efforts public offering for the purchase and sale of up to 4,792,000 shares of common stock (or common stock equivalents in lieu thereof) and warrants to purchase up to 4,792,000 shares of common stock at a combined offering price of $1.20 per share and accompanying warrant (the Offering). The Company expects to receive aggregate gross proceeds of approximately $5.75 million, before deducting placement agent fees and other offering... More