Stardust Power launches $5M at-the-market program
Stardust Power Inc. entered into an At Market Issuance Sales Agreement with B. Riley Securities Inc., allowing it to sell from time to time up to $5,000,000 of common stock on the Nasdaq Capital Market.
Rhea-AI Filing Summary
Stardust Power Inc. entered into an At Market Issuance Sales Agreement with B. Riley Securities Inc., allowing it to sell from time to time up to $5,000,000 of common stock on the Nasdaq Capital Market. Shares will be issued under the company’s existing Form S-3 shelf registration. B. Riley will act as sales agent or principal and receive a customary commission. Stardust Power plans to use any net proceeds for general corporate purposes.
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8-K Event Classification
2 items: 1.01, 9.01
2 items
Item 1.01
Entry into a Material Definitive Agreement
Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
ATM program size: $5,000,000 aggregate offering price
Common stock par value: $0.0001 per share
Warrant exercise structure: 10 warrants for one share at $115.00
+1 more
4 metrics
ATM program size
$5,000,000 aggregate offering price
Maximum common stock sales under At Market Issuance Sales Agreement
Common stock par value
$0.0001 per share
Par value of Stardust Power common stock listed on Nasdaq
Warrant exercise structure
10 warrants for one share at $115.00
Redeemable warrants trading as SDSTW on Nasdaq Capital Market
Form S-3 registration number
333-294938
Shelf registration statement used to issue ATM shares
Key Terms
At Market Issuance Sales Agreement, emerging growth company, registration statement on Form S-3, Nasdaq Capital Market, +1 more
5 terms
At Market Issuance Sales Agreement financial
"entered into an At Market Issuance Sales Agreement (the “Sales Agreement”) with B. Riley Securities, Inc."
An at market issuance sales agreement is a setup where a company arranges for an agent to sell newly issued shares directly into the public market at the current trading price, usually over time as needed. It matters to investors because it gives the company quick, flexible access to cash without setting a fixed price, but can dilute existing shareholders and affect the stock’s supply and short‑term price behavior—like a shop owner adding extra items to a shelf and selling them at whatever the going price is.
emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
registration statement on Form S-3 regulatory
"The Shares will initially be issued pursuant to the Company’s registration statement on Form S-3 that is currently on file"
A registration statement on Form S‑3 is a short, standardized filing a qualified public company uses to register new securities with regulators so they can be sold to investors; think of it as a pre-approved, reusable permission slip that speeds up future offerings. It matters to investors because it lets the company raise money more quickly and cheaply — which can fund growth or pay debt — but may also lead to share dilution or change in ownership, so it affects value and liquidity.
Nasdaq Capital Market financial
"through the facilities of the Nasdaq Capital Market or otherwise as may be agreed"
The Nasdaq Capital Market is a platform where smaller, emerging companies can list their shares for trading by investors. It provides these companies with access to funding and visibility, helping them grow, much like a local marketplace where new vendors can introduce their products to potential customers. For investors, it offers opportunities to discover early-stage companies with growth potential.
customary indemnification rights regulatory
"The Company has provided the Agent with customary indemnification rights"
Offering Details
ATM
Offering
Offering Type
ATM
Use of Proceeds
general corporate purposes
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What financing agreement did Stardust Power (SDST) enter on May 8, 2026?
Stardust Power entered an At Market Issuance Sales Agreement with B. Riley Securities Inc. The arrangement permits sales of its common stock on Nasdaq over time, giving the company flexible access to equity financing subject to market conditions and internal instructions.
How much stock can Stardust Power sell under the new at-the-market program?
The company may sell shares of common stock with an aggregate offering price of up to $5,000,000. These shares will be issued periodically through B. Riley Securities on the Nasdaq Capital Market or other agreed venues, rather than in a single, fixed-size offering.
How will Stardust Power use proceeds from its at-the-market stock sales?
Stardust Power intends to use net proceeds from any stock sales for general corporate purposes. This typically includes funding operations, potential capital expenditures, and other corporate needs, after paying B. Riley’s commission and related offering expenses described in the agreement.
Which registration statement covers Stardust Power’s new stock sales program?
The shares sold under the At Market Issuance Sales Agreement will initially be issued pursuant to Stardust Power’s registration statement on Form S-3, Registration No. 333-294938. This existing shelf registration enables the company to offer securities on a delayed or continuous basis.
What role does B. Riley Securities play in Stardust Power’s at-the-market offering?
B. Riley Securities acts as sales agent and may also buy shares as principal. It will use commercially reasonable efforts to sell shares based on the company’s instructions and will receive a customary commission rate calculated on the gross proceeds from shares sold.
On which exchanges are Stardust Power securities listed and what are the symbols?
Stardust Power’s common stock, par value $0.0001 per share, trades on the Nasdaq Capital Market under the symbol SDST. Its redeemable warrants, ten of which are exercisable for one common share at $115.00, trade under the symbol SDSTW.
AI-generated analysis. How Rhea-AI works. Not financial advice.
