Stardust Power Announces Reverse Stock Split to Regain Nasdaq Compliance and Position for Long-Term Growth
1. Stardust Power announces a 1-for-10 reverse stock split to comply with Nasdaq. 2. The split aims to enhance liquidity and attract institutional investors. 3. Upcoming milestones include engineering completion and project financing for lithium refining. 4. New share count will be approximately 8,458,975 after the split. 5. Company focused on establishing domestic battery-grade lithium supply in North America.