Stardust Power Inc. has announced a 1-for-10 reverse stock split effective September 8, 2025, aimed at regaining Nasdaq compliance and positioning for long-term growth. This strategic move is intended to enhance the company's credibility with institutional investors and maintain market access as it advances its U.S. lithium refining project. Following the split, Stardust Power's stock will trade under its existing ticker symbol "SDST," with the number of outstanding shares reduced to approximately 8.46 million.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Stardust Power Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9522945-en) on September 04, 2025, and is solely responsible for the information contained therein.