According to the latest filing submitted to the U.S. Securities and Exchange Commission (SEC), Stardust Power Inc has officially applied for a secondary offering of common stock by selling shareholders.
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The maximum issuance size this time can reach up to 2 million shares, which means that existing shareholders may reduce part of their holdings through the public market. This move typically reflects shareholders' needs for liquidity management or may provide the market with more circulating shares. As a company focused on the energy sector, this equity change of Stardust Power Inc has attracted significant attention from investors. The document did not disclose the specific price range or timing for the share sale, and further developments are subject to SEC announcements.
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