Stardust Power issues 304,878 shares to Lind Global on $150,000 note conversion at $0.49 per share
Reuters2026/08/21 21:19Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Lind Global Asset Management XIII converted USD 150,000 of Stardust Power’s 2025 Convertible Note into 304,878 common shares.
- Conversion price set at USD 0.49 per share under a notice of conversion and default delivered Aug. 17, 2026.
- Company issued the shares on Aug. 20, 2026; USD 3.43 million principal remained outstanding on the note.
- Common shares outstanding totaled 14,523,933 following the conversion; no cash proceeds received.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Stardust Power Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-039723), on August 21, 2026, and is solely responsible for the information contained therein.
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