Stardust Power Inc. has approved a 1-for-10 reverse stock split of its common stock to regain full compliance with Nasdaq’s listing requirements. The split will take effect on September 8, 2025, reducing outstanding shares to approximately 8,458,975. The move aims to make the company’s equity more accessible to institutional investors. Stardust Power plans to achieve milestones like engineering work completion and project financing for a lithium processing facility in Oklahoma. The company is committed to sustainable battery-grade lithium production and trades on Nasdaq under the ticker symbol “SDST.”

Read more at GlobeNewswire: Stardust Power Announces Reverse Stock Split to Regain