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Stardust Power Inc. faces a deadline on September 15, 2025, to regain compliance with Nasdaq listing requirements. The company received deficiency notices regarding the Minimum Market Value of Publicly Held Shares and Minimum Bid Price. To adhere to Nasdaq rules, Stardust must maintain a market value of publicly held shares of at least $15 million for ten consecutive business days and achieve a closing bid price of at least $1.00 per share for the same period. The company may consider measures like a reverse stock split or transferring its listing to the Nasdaq Capital Market to regain compliance, though no assurance is provided that compliance will be met.
Deadline for ComplianceStardust Power Inc. faces a compliance deadline on September 30, 2025, to meet Nasdaq's Market Value of Listed Securities Requirement, which mandates a market value of at least $50 million for ten consecutive business days. Following a notice from Nasdaq on April 3, 2025, indicating non-compliance due to insufficient market value, Stardust has 180 days to remedy this before potential delisting. The company is also addressing previous deficiencies related to public share value and minimum bid prices. Operational strategies will be crucial to regain compliance and maintain listing status on The Nasdaq Global Market.
Compliance Deadline