Stardust Power issues 304,878 shares to Lind Global on $150,000 note conversion at $0.49 per share - SDST News | RalliesStardust Power issues 304,878 shares to Lind Global on $150,000 note conversion at $0.49 per share
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SDST• Note conversion and share issuance
- Lind Global Asset Management XIII converted USD 150,000 of Stardust Power’s 2025 Convertible Note into 304,878 common shares.
- Conversion price was set at USD 0.49 per share under a notice of conversion and default delivered Aug. 17, 2026.
- The 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, and no cash proceeds were received.
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