Stardust Power Inc Stock Price, News & Analysis

Stardust Power (Nasdaq: SDST) announced that Nasdaq has confirmed the company is in compliance with continued listing requirements as of Oct 28, 2025. The notice confirms there are no outstanding deficiency matters and that the company satisfies the requisite criteria for continued listing on the Nasdaq Capital Market.

A previously scheduled Nasdaq Hearings Panel appearance for Nov 4, 2025 was cancelled and the matter is closed. The company’s common stock and warrants will continue to trade under the tickers SDST and SDSTW. The company says it is advancing project milestones toward a Final Investment Decision, which it describes as de-risking progress toward construction of a large U.S. lithium refinery.

Stardust Power (NASDAQ: SDST) executed a non-binding Letter of Intent with Prairie Lithium to secure 6,000 metric tons per annum (LCE) of lithium chloride feedstock for its Muskogee, Oklahoma refinery, with initial deliveries as early as 2027. The Agreement spans an initial six-year term with two six-year extension options (up to 18 years) and supports the company's move toward a Final Investment Decision and major construction.

Prairie Lithium’s Preliminary Economic Statement cites up to 17,000 tpa capacity; feedstock deliveries to the Port of Muskogee Free Trade Zone enable local storage, tariff advantages, and use in commissioning and ramp-up. The Agreement is non-binding and subject to a definitive contract.

Stardust Power (NASDAQ: SDST) announced on October 13, 2025 the appointment of Kenneth Pitts as Construction and Subcontracts Director, based in Houston, Texas.

Mr. Pitts will oversee onsite execution, construction operations, and subcontract portfolios at the Muskogee, Oklahoma lithium refinery, reporting to Project Director Randall Harris. The hire is presented as a step toward commencing Phase 1 construction and driving safe, on-schedule, on-budget delivery of engineered solutions.

Mr. Pitts brings over 25 years of international heavy industrial experience, prior senior roles at Neom, Clough North America, IHI E&C, Fluor, and CB&I, and is a registered Professional Civil Engineer with a BS and ME in Civil Engineering and Construction from the University of Florida.

Stardust Power (NASDAQ:SDST) has completed its Front End Loading 3 (FEL 3) report for its planned lithium processing facility in Muskogee, Oklahoma. The report reveals significant optimizations, with Phase 1 capital expenditures reduced by $200 million to approximately $500 million, with 90% probability of achievement.

The facility's Phase 1 will produce 25,000 metric tons per annum of battery-grade lithium, expandable to 50,000 metric tons in Phase 2, positioning it as one of the largest planned lithium refineries in the U.S. Construction is expected to take 24 months from major construction start to mechanical completion.

The FEL 3 report, completed by Primero USA, includes comprehensive 3D process modeling and detailed cost estimates, with reduced contingency levels reflecting increased project definition. The facility will feature zero liquid discharge technology and create hundreds of local jobs in Oklahoma.

Stardust Power (NASDAQ:SDST) has announced a 1-for-10 reverse stock split effective September 8, 2025, aimed at regaining Nasdaq compliance and strengthening its market position. The split will reduce outstanding shares to approximately 8.46 million, with the stock continuing to trade under the SDST symbol.

The strategic move, approved by shareholders on June 9, 2025, is designed to maintain capital markets access and enhance institutional investor appeal as the company advances its U.S. lithium refining project. Upcoming milestones include completion of FEL-3 engineering work, permitting advancement, securing project financing, and beginning construction of the Muskogee, Oklahoma lithium processing facility.

Stardust Power (NASDAQ:SDST), a U.S. battery-grade lithium products developer, reported Q2 2025 financial results with a net loss of $3.7 million ($0.06 per share), compared to $2.7 million loss in Q2 2024. The company successfully raised $4.52 million through a public offering in June 2025.

Key operational highlights include progress on the FEL-3 engineering study, formation of a strategic partnership with Ohio University for lithium extraction research, and advancement in engineering and permitting. The company ended Q2 with $2.6 million in cash, no long-term debt, and increased net cash used in operating activities to $4.5 million for H1 2025.

[ "Successfully raised $4.52 million through public offering", "No long-term debt on balance sheet", "Strategic partnership with Ohio University for lithium extraction research", "Improved loss per share to $(0.06) from $(0.07) year-over-year" ]

Stardust Power (NASDAQ: SDST), a developer of battery-grade lithium products, has scheduled its Q2 2025 earnings release for August 13, 2025, after market close.

The company will host a conference call at 5:30 PM ET on the same day, featuring CEO Roshan Pujari and CFO Uday Devasper. Participants can join through a dial-in registration link or access the live audio webcast through the company's website. Attendees are advised to log in 15 minutes before the call.

Stardust Power (NASDAQ: SDST), a developer of battery-grade lithium products, announced that underwriters exercised their over-allotment option to purchase an additional 1.1 million shares, generating extra gross proceeds of $220,000. This brings the total gross proceeds from the offering to $4.52 million.

The proceeds will fund the completion of the company's Definitive Feasibility Study (DFS/FEL-3) for their planned lithium processing facility in Muskogee, Oklahoma. The DFS represents a crucial step toward the Final Investment Decision (FID), providing detailed engineering, refined capital estimates, and project scope definition.

Stardust Power (NASDAQ: SDST), a battery-grade lithium products developer, has closed its underwritten public offering, raising $4.3 million in gross proceeds through the sale of 21.5 million shares of common stock at $0.20 per share. The company granted Aegis Capital Corp., the sole book-running manager, a 45-day option to purchase up to 3.225 million additional shares for over-allotments, potentially increasing total proceeds to $4.9 million. The funds will be used to complete the Definitive Feasibility Study for their proposed lithium processing facility in Muskogee, Oklahoma. This study will provide detailed engineering, capital expenditure estimates, and construction scope, advancing the project toward final investment decision and Phase 1 construction financing.