Microcap Ledger

Tickers · $SDST

Stardust Power Inc. $SDST

By Microcap Ledger desk · CIK 0001831979

Facts as of . Built from SEC filings and our own data. Small caps move fast; check the latest filings.

Snapshot

Exchange
Nasdaq Capital Market
Sector
Primary Smelting & Refining of Nonferrous Metals
Headquarters
Oklahoma City, OK
Fiscal year end
December 31
Shares outstanding
14,049,388 [10-Q 2026-08-13]
as of 2026-08-12

Sources: [10-K 2026-03-25]

What the company doesAI summary of filing

Stardust Power is a development-stage company building a lithium refinery in Muskogee, Oklahoma, expected to produce up to 50,000 metric tons per annum of battery-grade lithium carbonate once fully operational. The company is not currently producing or selling any product. Stardust Power plans to source lithium chloride feedstock from multiple suppliers and sell refined lithium carbonate to battery manufacturers, original equipment manufacturers, and the U.S. defense industrial base. The company makes money through the planned future sale of lithium carbonate but is currently in the development phase, having completed land acquisition in December 2024 and engaged engineering firms for facility design. [10-K 2026-03-25]

Financial health

From XBRL company facts (USD)
PeriodRevenueNet incomeOperating cash flowCashFiling
6 months to Jun 2026—−$9.14M −$4.00M$540.3K[10-Q 2026-08-13]
FY ended Dec 2025—−$3.81M −$8.28M$3.48M[10-Q 2026-05-14]
FY ended Dec 2024—−$23.75M −$9.72M$912.6K[POS AM 2026-04-15]
Quarterly cash burn
−$2.00M
Cash runway Estimate
~0.8 months

Estimate: cash at the end of the period (6 months to Jun 2026) divided by the average monthly operating cash outflow over that period. Ignores any cash raised or spent since, and any financing.

Capital structure and dilution

Summary only. How these instruments work: Dilution & financing desk.

Share count
DateShares outstandingFiling
2025-03-2457,894,974[10-K 2025-03-27]
2025-05-1360,160,824[10-Q 2025-05-14]
2025-07-1084,447,421[10-K/A 2025-07-11]
2025-08-1284,589,754[10-Q 2025-08-13]
2025-11-129,817,809[10-Q 2025-11-13]
2026-03-249,966,473[10-K 2026-03-25]
2026-05-1310,579,727[10-Q 2026-05-14]
2026-08-1214,049,388[10-Q 2026-08-13]
Shelf registration
S-3 filed 2026-04-09; declared effective 2026-04-16 [S-3 2026-04-09]

Listing status

Current status: 6 Form 8-K Item 3.01 filing(s) in the last 24 months, most recent 2026-09-17. Item 3.01 covers delisting notices, failures to meet a listing rule and listing transfers; read the filing for which one.

DateEventDetailsDeadlineFiling
2026-09-178-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2026-09-17]
2026-04-308-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2026-04-30]
2025-10-318-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2025-10-31]
2025-10-038-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2025-10-03]
2025-04-088-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2025-04-08]
2025-03-248-K Item 3.01Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing—[8-K 2025-03-24]

More on deficiency notices and uplistings: Listing status desk.

Who owns it

Recent Form 4 transactions
DateInsiderTypeSharesPriceFiling
2026-09-16Cortegoso Pablosell123,614$0.13[4 2026-09-17]
2026-09-16Celano Chris Edwardsell739$0.14[4 2026-09-17]
2026-09-16Devasper Udaychandrasell3,726$0.14[4 2026-09-17]
2026-09-15Devasper Udaychandraexercise8,245—[4 2026-09-17]
2026-09-10Devasper Udaychandrasell49,315$0.16[4 2026-09-11]
2026-06-15Celano Chris Edwardsell640$1.95[4 2026-06-17]
2026-06-15Devasper Udaychandraexercise8,245—[4 2026-06-17]
2026-06-15Devasper Udaychandrasell3,554$1.95[4 2026-06-17]
2026-06-15Pujari Roshensell861$1.91[4 2026-06-17]
2026-06-11Nangolo Charlotte Nanguloshisell10,000$1.74[4 2026-06-12]

Catalysts and calendar

Recent filings and releases
DateTypeTitle
2026-10-0213D/ABeneficial ownership report (5%+ holder)
2026-10-0213D/ABeneficial ownership report (5%+ holder)
2026-09-22424B5Prospectus or prospectus supplement
2026-09-228-KOther events
2026-09-188-KOther events
2026-09-18424B5Prospectus or prospectus supplement
2026-09-178-KListing notice or transfer
2026-08-218-KOther events
2026-08-1310-QQuarterly report
2026-08-118-KDirector or officer change
2026-08-058-KOther events
2026-07-248-KDirector or officer change

Facts as of . Small caps move fast; check the latest filings.