Stardust Power Implements Reverse Stock Split to Achieve Nasdaq Compliance and Foster Long-Term Growth
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 03 2025
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Source: Globenewswire
Reverse Stock Split Announcement: Stardust Power Inc. has approved a 1-for-10 reverse stock split of its common stock, effective September 8, 2025, to regain compliance with Nasdaq listing requirements and enhance credibility with institutional investors.
Strategic Goals and Milestones: The company aims to advance its lithium refining project in Muskogee, Oklahoma, with key milestones including engineering work completion, permitting, securing financing, and starting construction, all intended to bolster shareholder value and establish a domestic supply of battery-grade lithium.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
