Stardust Power INC S-1 registration statements

Stardust Power Inc., a development-stage lithium refinery, has filed an S-1 registration statement for the resale of up to 2 million shares by B. Riley Principal Capital II, LLC, while acknowledging substantial doubt about its ability to continue as a going concern.

Stardust Power Inc., a development-stage American manufacturer of battery-grade lithium products, has filed an S-1 registration statement for a public offering of up to $5 million in common stock and pre-funded warrants, while facing substantial accumulated deficits and notices of non-compliance with Nasdaq listing standards.

Stardust Power is registering 13,024,513 shares of common stock for resale by selling stockholders, with potential proceeds of $17.4 million if warrants are exercised.

Stardust Power aims to bolster its financial position by offering shares of common stock and warrants, targeting proceeds of $12.5 million.

Stardust Power aims to raise up to $50 million through a committed equity facility with B. Riley Principal Capital II, allowing for flexible stock sales to fund working capital and corporate purposes.

Stardust Power Inc. has entered into an engineering agreement with Primero USA, Inc. to support the development of a 50 ktpa lithium chemical processing refinery in Muskogee, Oklahoma.

Stardust Power registers for the potential resale of up to $784 million in common stock and warrants by existing securityholders, signaling a significant market event.