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0.0286532951289399 -0.0229226361031519 -0.0171919770773639 -0.0171919770773639 0.0114613180515759 -0.00859598853868189 0.018595988538682 0.0744985673352436
Stock impact report

Stardust Power Secures up to $10.0 Million in Financing

Stardust Power Inc. (SDST) 
Company Research Source: GlobeNewswire
GREENWICH, Conn., Feb. 18, 2026 (GLOBE NEWSWIRE) -- Stardust Power Inc. (NASDAQ: SDST) (“Stardust Power” or the “Company”), an American developer of battery-grade lithium carbonate, today announced it has secured up to $10.0 million in common equity financing (the “Equity Facility”). The Company has entered into a common stock purchase agreement with B. Riley Principal Capital II, LLC (“B. Riley”), that provides the Company with the ability to raise up to $10.0 million of capital at its discretion over a period of 36 months, subject to customary terms and conditions. Under the Equity Facility, Stardust Power has the right, but not the obligation, to sell shares of its common stock to B. Riley over a three-year period. This structure allows the Company to raise capital incrementally, avoid large block discounts, and align funding activity with its business needs. Proceeds from any sales under the Equity Facility are expected to be used for supporting pre-construction and constructi Show less Read more
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