Stardust Power Inc (SDST) Share Price

SDST...83...adding dips...gonna drive this down and I will keep adding...🥳

https://stardust-power.com/

Sumitomo Corporation is one of the largest worldwide sogo shosha general trading companies, and is a diversified corporation. The company was incorporated in 1919 and is a member company of the Sumitomo Group.

Revenue Increase$ 32.16 billion USD

https://en.wikipedia.org/wiki/Sumitomo_Corporation

Sumitomo Corporation of Americas https://www.sumitomocorp.com/en/global


Industry
International Trade and Development
Company size
501-1,000 employees
Headquarters
New York, NY
Type
Privately Held
Founded
1952
Specialties
Oil & Gas, Infrastructure, Lifestyle & Consumer Products, and Natural Resources & Agricultural Products

Item 8.01 Other Events.



On January 28, 2025, Stardust Power Inc. (the “Company”) entered into a non-binding letter agreement with Sumitomo Corporation of Americas (“Sumitomo”), a New York corporation, contemplating a long-term commercial offtake agreement, pursuant to which Sumitomo would agree to acquire 20,000 metric tons of lithium carbonate per year from the Company’s first line of production, with the potential to increase to 25,000 metric tons based on mutual agreement. The initial contract term would span 10 years starting from the date of the first qualification of the Company’s lithium carbonate for sale to any of Sumitomo’s customers, with an option for Sumitomo to renew for an additional five years under mutually agreed terms, provided written notice is given to the Company at least twelve months prior to the end of the initial term.



The parties have agreed to pricing based on spot market prices published by either Fastmarkets or another mutually agreed upon reputable market price reporting agency and agreed to collaborate reasonably and as necessary to adjust pricing in the future to accommodate specific customers. The parties agreed to undertake joint marketing efforts to promote the lithium carbonate, with Sumitomo agreeing to minimum marketing activities to be determined in the definitive agreement.



Under the agreement, prior to producing a battery grade product that is qualified by end-use customers, Sumitomo would agree to purchase technical grade lithium products at the annual volumes or in volumes up to what Stardust Power produces based on spot market prices published by either Fastmarkets or another mutually agreed upon reputable market price reporting agency.



The transaction is subject to the negotiation and execution of a definitive agreement by the parties. A detailed negotiation timeline will be established to include milestones and deadlines for key deliverables.


8-K
02/03/2025
https://www.otcmarkets.com/filing/html?id=18148894&guid=_Z0-kK1YE67fJth

SDST...$1.14...Reversal Candle Setting up here...🥳

georgie18

Member Level
Re: georgie18 post# 389196

Monday, January 27, 2025 3:53:03 PM

Post#
389209
of 389576
SDST...$1.30s clearing here...Bouncing back nicely...🥳I am still upside down here ...at $1.41 Average...

georgie18

Member Level
Re: georgie18 post# 28

Monday, January 27, 2025 2:50:47 PM

Post#
30
of 30
SDST...$1.25...Trying to Reverse here...🥳Average at $1.41...so still upside down here...

georgie18

Member Level
Re: georgie18 post# 389013

Friday, January 24, 2025 8:18:05 AM

Post#
389017
of 389194
SDST...$1.66...🥳...Off my $1.41 Average...

georgie18

Member Level
Re: georgie18 post# 26

Friday, January 24, 2025 8:13:38 AM

Post#
27
of 27
SDST...$1.39...Added more here...🥳...Averaged down to $1.41...GREENWICH, Conn., Jan. 24, 2025 (GLOBE NEWSWIRE) -- Stardust Power Inc. (NASDAQ: SDST) (“Stardust Power” or the “Company”), an American developer of battery-grade lithium products, today announced the pricing of its “reasonable best efforts” public offering for the purchase and sale of up to 4,792,000 shares of common stock (or common stock equivalents in lieu thereof) and warrants to purchase up to 4,792,000 shares of common stock at a combined offering price of $1.20 per share and accompanying warrant (the “Offering”). The Company expects to receive aggregate gross proceeds of approximately $5.75 million, before deducting placement agent fees and other offering expenses, and assuming no exercise of the warrants. The warrants will have an exercise price of $1.30 per share, will be exercisable immediately and will expire five years from the issuance date.

georgie18

Member Level
Re: georgie18 post# 388934

Friday, January 24, 2025 7:55:30 AM

Post#
389011
of 389013
SDST...$1.36...🥳...Scaled in at $1.95...Popped to $2.38...Sell off on News Dipped it to $1.20 range...Added all the way down...$1.54 range average now...

georgie18

Member Level
Re: georgie18 post# 23

Thursday, January 23, 2025 9:04:15 AM

Post#
24
of 25
SDST...$2.38...🥳

georgie18

Member Level
Re: georgie18 post# 672074

Thursday, January 23, 2025 9:02:16 AM

Post#
672087
of 672087
SDST...$2.25...🥳...Strong News Today...

georgie18

Member Level
Re: georgie18 post# 20

Thursday, January 23, 2025 7:52:46 AM

Post#
22
of 22
SDST...$1.95...🥳...Scaling in here on this News...https://www.globenewswire.com/news-release/2025/01/23/3014176/0/en/Stardust-Power-Breaks-Ground-on-One-of-The-Largest-U-S-Battery-Grade-Lithium-Refineries.html

georgie18

Member Level
Re: None

Thursday, January 16, 2025 12:53:57 PM

Post#
671560
of 672074
SDST...$2.24...🥳...No Position...Watching for entry on this extremely Oversold Chart... https://schrts.co/SavfjrXK

This deal with Sumitomo could be a very big deal if everything plays out just as it should. Make sure you have your chips in the game soon.

THV

SDST...$1.30s clearing here...Bouncing back nicely...🥳I am still upside down here ...at $1.41 Average...

georgie18

Member Level
Re: georgie18 post# 28

Monday, January 27, 2025 2:50:47 PM

Post#
30
of 30
SDST...$1.25...Trying to Reverse here...🥳Average at $1.41...so still upside down here...

georgie18

Member Level
Re: georgie18 post# 389013

Friday, January 24, 2025 8:18:05 AM

Post#
389017
of 389194
SDST...$1.66...🥳...Off my $1.41 Average...

georgie18

Member Level
Re: georgie18 post# 26

Friday, January 24, 2025 8:13:38 AM

Post#
27
of 27
SDST...$1.39...Added more here...🥳...Averaged down to $1.41...GREENWICH, Conn., Jan. 24, 2025 (GLOBE NEWSWIRE) -- Stardust Power Inc. (NASDAQ: SDST) (“Stardust Power” or the “Company”), an American developer of battery-grade lithium products, today announced the pricing of its “reasonable best efforts” public offering for the purchase and sale of up to 4,792,000 shares of common stock (or common stock equivalents in lieu thereof) and warrants to purchase up to 4,792,000 shares of common stock at a combined offering price of $1.20 per share and accompanying warrant (the “Offering”). The Company expects to receive aggregate gross proceeds of approximately $5.75 million, before deducting placement agent fees and other offering expenses, and assuming no exercise of the warrants. The warrants will have an exercise price of $1.30 per share, will be exercisable immediately and will expire five years from the issuance date.

georgie18

Member Level
Re: georgie18 post# 388934

Friday, January 24, 2025 7:55:30 AM

Post#
389011
of 389013
SDST...$1.36...🥳...Scaled in at $1.95...Popped to $2.38...Sell off on News Dipped it to $1.20 range...Added all the way down...$1.54 range average now...

georgie18

Member Level
Re: georgie18 post# 23

Thursday, January 23, 2025 9:04:15 AM

Post#
24
of 25
SDST...$2.38...🥳

georgie18

Member Level
Re: georgie18 post# 672074

Thursday, January 23, 2025 9:02:16 AM

Post#
672087
of 672087
SDST...$2.25...🥳...Strong News Today...

georgie18

Member Level
Re: georgie18 post# 20

Thursday, January 23, 2025 7:52:46 AM

Post#
22
of 22
SDST...$1.95...🥳...Scaling in here on this News...https://www.globenewswire.com/news-release/2025/01/23/3014176/0/en/Stardust-Power-Breaks-Ground-on-One-of-The-Largest-U-S-Battery-Grade-Lithium-Refineries.html

georgie18

Member Level
Re: None

Thursday, January 16, 2025 12:53:57 PM

Post#
671560
of 672074
SDST...$2.24...🥳...No Position...Watching for entry on this extremely Oversold Chart... https://schrts.co/SavfjrXK

SDST...$1.25...Trying to Reverse here...🥳Average at $1.41...so still upside down here...

georgie18

Member Level
Re: georgie18 post# 389013

Friday, January 24, 2025 8:18:05 AM

Post#
389017
of 389194
SDST...$1.66...🥳...Off my $1.41 Average...

georgie18

Member Level
Re: georgie18 post# 26

Friday, January 24, 2025 8:13:38 AM

Post#
27
of 27
SDST...$1.39...Added more here...🥳...Averaged down to $1.41...GREENWICH, Conn., Jan. 24, 2025 (GLOBE NEWSWIRE) -- Stardust Power Inc. (NASDAQ: SDST) (“Stardust Power” or the “Company”), an American developer of battery-grade lithium products, today announced the pricing of its “reasonable best efforts” public offering for the purchase and sale of up to 4,792,000 shares of common stock (or common stock equivalents in lieu thereof) and warrants to purchase up to 4,792,000 shares of common stock at a combined offering price of $1.20 per share and accompanying warrant (the “Offering”). The Company expects to receive aggregate gross proceeds of approximately $5.75 million, before deducting placement agent fees and other offering expenses, and assuming no exercise of the warrants. The warrants will have an exercise price of $1.30 per share, will be exercisable immediately and will expire five years from the issuance date.

georgie18

Member Level
Re: georgie18 post# 388934

Friday, January 24, 2025 7:55:30 AM

Post#
389011
of 389013
SDST...$1.36...🥳...Scaled in at $1.95...Popped to $2.38...Sell off on News Dipped it to $1.20 range...Added all the way down...$1.54 range average now...

georgie18

Member Level
Re: georgie18 post# 23

Thursday, January 23, 2025 9:04:15 AM

Post#
24
of 25
SDST...$2.38...🥳

georgie18

Member Level
Re: georgie18 post# 672074

Thursday, January 23, 2025 9:02:16 AM

Post#
672087
of 672087
SDST...$2.25...🥳...Strong News Today...

georgie18

Member Level
Re: georgie18 post# 20

Thursday, January 23, 2025 7:52:46 AM

Post#
22
of 22
SDST...$1.95...🥳...Scaling in here on this News...https://www.globenewswire.com/news-release/2025/01/23/3014176/0/en/Stardust-Power-Breaks-Ground-on-One-of-The-Largest-U-S-Battery-Grade-Lithium-Refineries.html

georgie18

Member Level
Re: None

Thursday, January 16, 2025 12:53:57 PM

Post#
671560
of 672074
SDST...$2.24...🥳...No Position...Watching for entry on this extremely Oversold Chart... https://schrts.co/SavfjrXK

SDST, new 52 weewk low

SDST...$1.66...🥳...Off my $1.41 Average...

georgie18

Member Level
Re: georgie18 post# 26

Friday, January 24, 2025 8:13:38 AM

Post#
27
of 27
SDST...$1.39...Added more here...🥳...Averaged down to $1.41...GREENWICH, Conn., Jan. 24, 2025 (GLOBE NEWSWIRE) -- Stardust Power Inc. (NASDAQ: SDST) (“Stardust Power” or the “Company”), an American developer of battery-grade lithium products, today announced the pricing of its “reasonable best efforts” public offering for the purchase and sale of up to 4,792,000 shares of common stock (or common stock equivalents in lieu thereof) and warrants to purchase up to 4,792,000 shares of common stock at a combined offering price of $1.20 per share and accompanying warrant (the “Offering”). The Company expects to receive aggregate gross proceeds of approximately $5.75 million, before deducting placement agent fees and other offering expenses, and assuming no exercise of the warrants. The warrants will have an exercise price of $1.30 per share, will be exercisable immediately and will expire five years from the issuance date.

georgie18

Member Level
Re: georgie18 post# 388934

Friday, January 24, 2025 7:55:30 AM

Post#
389011
of 389013
SDST...$1.36...🥳...Scaled in at $1.95...Popped to $2.38...Sell off on News Dipped it to $1.20 range...Added all the way down...$1.54 range average now...

georgie18

Member Level
Re: georgie18 post# 23

Thursday, January 23, 2025 9:04:15 AM

Post#
24
of 25
SDST...$2.38...🥳

georgie18

Member Level
Re: georgie18 post# 672074

Thursday, January 23, 2025 9:02:16 AM

Post#
672087
of 672087
SDST...$2.25...🥳...Strong News Today...

georgie18

Member Level
Re: georgie18 post# 20

Thursday, January 23, 2025 7:52:46 AM

Post#
22
of 22
SDST...$1.95...🥳...Scaling in here on this News...https://www.globenewswire.com/news-release/2025/01/23/3014176/0/en/Stardust-Power-Breaks-Ground-on-One-of-The-Largest-U-S-Battery-Grade-Lithium-Refineries.html

georgie18

Member Level
Re: None

Thursday, January 16, 2025 12:53:57 PM

Post#
671560
of 672074
SDST...$2.24...🥳...No Position...Watching for entry on this extremely Oversold Chart... https://schrts.co/SavfjrXK

SDST...$1.39...Added more here...🥳...Averaged down to $1.41...GREENWICH, Conn., Jan. 24, 2025 (GLOBE NEWSWIRE) -- Stardust Power Inc. (NASDAQ: SDST) (“Stardust Power” or the “Company”), an American developer of battery-grade lithium products, today announced the pricing of its “reasonable best efforts” public offering for the purchase and sale of up to 4,792,000 shares of common stock (or common stock equivalents in lieu thereof) and warrants to purchase up to 4,792,000 shares of common stock at a combined offering price of $1.20 per share and accompanying warrant (the “Offering”). The Company expects to receive aggregate gross proceeds of approximately $5.75 million, before deducting placement agent fees and other offering expenses, and assuming no exercise of the warrants. The warrants will have an exercise price of $1.30 per share, will be exercisable immediately and will expire five years from the issuance date.

georgie18

Member Level
Re: georgie18 post# 388934

Friday, January 24, 2025 7:55:30 AM

Post#
389011
of 389013
SDST...$1.36...🥳...Scaled in at $1.95...Popped to $2.38...Sell off on News Dipped it to $1.20 range...Added all the way down...$1.54 range average now...

georgie18

Member Level
Re: georgie18 post# 23

Thursday, January 23, 2025 9:04:15 AM

Post#
24
of 25
SDST...$2.38...🥳

georgie18

Member Level
Re: georgie18 post# 672074

Thursday, January 23, 2025 9:02:16 AM

Post#
672087
of 672087
SDST...$2.25...🥳...Strong News Today...

georgie18

Member Level
Re: georgie18 post# 20

Thursday, January 23, 2025 7:52:46 AM

Post#
22
of 22
SDST...$1.95...🥳...Scaling in here on this News...https://www.globenewswire.com/news-release/2025/01/23/3014176/0/en/Stardust-Power-Breaks-Ground-on-One-of-The-Largest-U-S-Battery-Grade-Lithium-Refineries.html

georgie18

Member Level
Re: None

Thursday, January 16, 2025 12:53:57 PM

Post#
671560
of 672074
SDST...$2.24...🥳...No Position...Watching for entry on this extremely Oversold Chart... https://schrts.co/SavfjrXK

SDST...$1.36...🥳...Scaled in at $1.95...Popped to $2.38...Sell off on News Dipped it to $1.20 range...Added all the way down...$1.54 range average now...

georgie18

Member Level
Re: georgie18 post# 23

Thursday, January 23, 2025 9:04:15 AM

Post#
24
of 25
SDST...$2.38...🥳

georgie18

Member Level
Re: georgie18 post# 672074

Thursday, January 23, 2025 9:02:16 AM

Post#
672087
of 672087
SDST...$2.25...🥳...Strong News Today...

georgie18

Member Level
Re: georgie18 post# 20

Thursday, January 23, 2025 7:52:46 AM

Post#
22
of 22
SDST...$1.95...🥳...Scaling in here on this News...https://www.globenewswire.com/news-release/2025/01/23/3014176/0/en/Stardust-Power-Breaks-Ground-on-One-of-The-Largest-U-S-Battery-Grade-Lithium-Refineries.html

georgie18

Member Level
Re: None

Thursday, January 16, 2025 12:53:57 PM

Post#
671560
of 672074
SDST...$2.24...🥳...No Position...Watching for entry on this extremely Oversold Chart... https://schrts.co/SavfjrXK

Entry: $1.68
Let's see how this plays out short-term.

SDST...$2.38...🥳

georgie18

Member Level
Re: georgie18 post# 672074

Thursday, January 23, 2025 9:02:16 AM

Post#
672087
of 672087
SDST...$2.25...🥳...Strong News Today...

georgie18

Member Level
Re: georgie18 post# 20

Thursday, January 23, 2025 7:52:46 AM

Post#
22
of 22
SDST...$1.95...🥳...Scaling in here on this News...https://www.globenewswire.com/news-release/2025/01/23/3014176/0/en/Stardust-Power-Breaks-Ground-on-One-of-The-Largest-U-S-Battery-Grade-Lithium-Refineries.html

georgie18

Member Level
Re: None

Thursday, January 16, 2025 12:53:57 PM

Post#
671560
of 672074
SDST...$2.24...🥳...No Position...Watching for entry on this extremely Oversold Chart... https://schrts.co/SavfjrXK

SDST...$2.25...🥳...Strong News Today...

georgie18

Member Level
Re: georgie18 post# 20

Thursday, January 23, 2025 7:52:46 AM

Post#
22
of 22
SDST...$1.95...🥳...Scaling in here on this News...https://www.globenewswire.com/news-release/2025/01/23/3014176/0/en/Stardust-Power-Breaks-Ground-on-One-of-The-Largest-U-S-Battery-Grade-Lithium-Refineries.html

georgie18

Member Level
Re: None

Thursday, January 16, 2025 12:53:57 PM

Post#
671560
of 672074
SDST...$2.24...🥳...No Position...Watching for entry on this extremely Oversold Chart... https://schrts.co/SavfjrXK

SDST...$1.95...🥳...Scaling in here on this News...https://www.globenewswire.com/news-release/2025/01/23/3014176/0/en/Stardust-Power-Breaks-Ground-on-One-of-The-Largest-U-S-Battery-Grade-Lithium-Refineries.html

georgie18

Member Level
Re: None

Thursday, January 16, 2025 12:53:57 PM

Post#
671560
of 672074
SDST...$2.24...🥳...No Position...Watching for entry on this extremely Oversold Chart... https://schrts.co/SavfjrXK

SDST new 52 week low

SDST...$2.24...🥳...No Position...Watching for entry on this extremely Oversold Chart... https://schrts.co/SavfjrXK

glad i bailed before they halted, they killed it.

here we go!

Breaks $28.00 could see a blue sky breakout.
$SDST

hi zar.

They probably haven't updated the source of that.......don't have updated info on OTCM either.........

Z

$SDST +105% #DDAmanda Video Analysis - #1 Stock Scanner/Screener



Z

that halt took the…

…

wind out of it’s sails, but im hopeful it gets gong again.

How’s this work with only 4 employees?

SDST: Wall Street does NOT let every firm 'RING-THE-BELL' when they IPO, like this firm did several days ago --- so, maybe SDST is about something SUBSTANTIVE. (Remember when Mark Suckerberger did that years ago, behind his stupid FACEFUCK company???)

looking very very strong here and they cant halt us after hours, weeee!!!

shes running even after the ….

….

manipulated halt!

weeee!!!!!!

SDST: See selfie film-clip of ME --- the younger guy, at left below --- when my own BROKER (at right) asked me how I had unfortunately MISSED this one!!!

wowza!!

Slow down!!

Stardust Power Inc. Rings the Opening Bell

https://www.nasdaq.com/events/stardust-power-inc-rings-opening-bell

https://stardust-power.com/

Stardust Power is a developer of battery-grade lithium products designed to supply the electric vehicle (EV) industry and help secure America's leadership in the energy transition.

Stardust Power to Ring the Nasdaq Stock Market Opening Bell

July 09, 2024
https://www.globenewswire.com/news-release/2024/07/09/2910245/0/en/Stardust-Power-to-Ring-the-Nasdaq-Stock-Market-Opening-Bell.html