What Happened to Stardust Power?
Ticker: SDSTSPAC Year: 2021Merger: 2024
Return
-75.4%
Current Price
$2.46
Peak Price
$283.8
Trust Size
$10M
Summary
Stardust Power Inc. filed its S-1 registration in 2021 and completed its business combination in 2024. The company remains actively traded with 412 SEC filings on record.
What Happened
Stardust Power Inc. entered the SPAC market in 2021 with its initial S-1 filing with the SEC, joining the wave of blank check companies seeking acquisition targets.
The company filed a definitive proxy statement (DEFM14A) ahead of its merger vote, completing its de-SPAC transaction in 2024.
SEC records show 412 total filings, including annual (10-K) and quarterly (10-Q) financial reports.
The company was incorporated in Delaware, the preferred jurisdiction for the vast majority of SPACs due to its business-friendly legal framework.
Timeline
2021-01-08
S-1 Registration Filed
2024-05-23
Merger Proxy Filed (DEFM14A)