SCHEDULE: Armistice Capital Reports 4.99% Stake in Stardust Power

Armistice Capital and Steven Boyd have disclosed a 4.99% beneficial ownership stake in Stardust Power Inc.'s common stock.

Summary

• Armistice Capital, LLC and Steven Boyd collectively reported beneficial ownership of 4,435,245 shares of Stardust Power Inc. common stock.
• This ownership represents 4.99% of the total outstanding shares of Stardust Power Inc.
• Both Armistice Capital, LLC and Steven Boyd share voting and dispositive power over all 4,435,245 shares.
• The shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing the control of Stardust Power Inc.

Sentiment

Score: 5

Explanation: The filing is a routine disclosure of beneficial ownership, providing factual information without indicating positive or negative sentiment regarding the issuer's performance or outlook.

Future Outlook

NA

Industry Context

This filing is a standard disclosure of beneficial ownership, indicating an investment firm's stake in a publicly traded company. It does not provide operational or strategic insights into Stardust Power Inc. but rather reflects an investment position by Armistice Capital, a hedge fund.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional investor's stake, which can influence market perception and liquidity.

Key Dates

Keywords

Stardust Power Inc., Armistice Capital, Steven Boyd, Beneficial Ownership, Common Stock, SEC Filing, Schedule 13G, Investment Management