Curated News
By: NewsRamp Editorial Staff
June 18, 2025
Aegis Capital Secures $4.3M for Stardust Power's Lithium Project
TLDR
- Stardust Power Inc. secures a $4.3 million public offering, offering investors a chance to capitalize on the growing lithium market through its NASDAQ-listed shares at $0.20 each.
- Aegis Capital managed Stardust Power Inc.'s $4.3 million public offering, selling 21,500,000 shares at $0.20 each, with an option for 3,225,000 more shares to cover over-allotments.
- Stardust Power Inc.'s funding will advance a lithium processing facility in Muskogee, Oklahoma, supporting clean energy initiatives and sustainable resource development for a greener future.
- Discover how Stardust Power Inc.'s $4.3 million public offering is powering the future of battery-grade lithium production in Oklahoma, a key player in the clean energy transition.
Impact - Why it Matters
This development is pivotal for the clean energy sector, as it advances the production of battery-grade lithium, essential for electric vehicles and renewable energy storage. The successful funding round not only underscores investor confidence in Stardust Power's project but also highlights the growing importance of sustainable energy solutions in combating climate change. For investors and stakeholders, this represents a tangible step towards diversifying energy sources and reducing reliance on fossil fuels.
Summary
Aegis Capital, a seasoned financial services firm, has successfully closed a $4.3 million public offering for Stardust Power Inc., a developer of battery-grade lithium products, marking a significant step towards the development of a lithium processing facility in Muskogee, Oklahoma. The offering, priced at $0.20 per share, includes an option for Aegis to purchase additional shares, potentially increasing total proceeds to $4.9 million. This funding is earmarked for completing the Definitive Feasibility Study for the facility, a crucial phase before final investment decisions and construction begin. For more details, the full press release can be viewed here.
Aegis Capital Corporation, with over 40 years in the financial sector, offers a comprehensive suite of services including investment banking and wealth management, backed by its clearing relationship with RBC Clearing & Custody. Meanwhile, InvestorWire, part of the Dynamic Brand Portfolio, provides advanced press release syndication and corporate communication solutions, enhancing visibility for companies in the investment community. Discover more about Aegis at Aegis Capital and InvestorWire at InvestorWire.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, Aegis Capital Secures $4.3M for Stardust Power's Lithium Project
