Stardust Power Secures Financing To Advance Oklahoma Lithium Refinery Toward Construction

GREENWICH, Conn., Dec. 24, 2025 (GLOBE NEWSWIRE) -- Stardust Power Inc. (NASDAQ: SDST) (“Stardust Power” or “the Company”), an American developer of battery-grade lithium carbonate, today announced it has executed a Securities Purchase Agreement with a single institutional investor providing for up to 15.0millioninseniorsecuredconvertibledebtfinancingtosupportearlystageconstructionactivitiesatitslithiumrefineryprojectinMuskogee,Oklahoma.Thefacilityincludesaninitial15.0 million in senior secured convertible debt financing to support early-stage construction activities at its lithium refinery project in Muskogee, Oklahoma. The facility includes an initial 4.0 million dr ...