<p>康涅狄格州格林威治，2025 年 12 月 24 日（全球新聞通訊社）——Stardust Power Inc.（納斯達克：SDST）（“Stardust Power” 或 “公司”），一家美國電池級碳酸鋰開發商，今天宣佈已與一名機構投資者簽署證券購買協議，提供高達 1500 萬美元的高級擔保可轉換債務融資，以支持其在俄克拉荷馬州穆斯科吉的鋰精煉廠項目的早期建設活動。</p>
<p>該融資包括初始的 400 萬美元提款，為公司提供靈活的資金，以推進詳細工程、基礎設施和採購活動，助力其向建設階段邁進。該融資期限為 24 個月，包括初始還款寬限期，併為公司提供以現金或普通股償還融資的選擇。該融資旨在支持近期開發活動，並可能作為公司向項目級建設融資推進時的過渡融資。</p>
<p>“該融資標誌着我們為建設做好準備的重要一步，並在我們執行穆斯科吉項目的下一個階段時提供了選擇和重要的靈活性，” Stardust Power 的創始人兼首席執行官 Roshan Pujari 表示。“我們正在建立一個靈活的資本結構，考慮到股東價值，並專注於保持我們的資本結構與即將到來的項目里程碑保持一致。”</p>
<p>公司計劃通過資產級股權和資產級債務融資的組合來資助其每年 5 萬噸的精煉廠建設，旨在最小化公眾股權稀釋並最大化股東價值，早期投資者的參與反映了對項目準備就緒狀態的興趣。</p>
<p><strong>關於 Stardust Power Inc.</strong></p>
<p>Stardust Power 是一家電池級碳酸鋰開發商，旨在通過韌性供應鏈增強美國的能源安全。公司正在俄克拉荷馬州穆斯科吉建設一座戰略性位置的鋰精煉廠，年產能力可達 5 萬噸電池級碳酸鋰。Stardust Power 致力於在每個階段實現可持續發展，並在納斯達克以 “SDST” 股票代碼交易。</p>
<p>欲瞭解更多信息，請訪問 www.stardust-power.com</p>
<p><strong>前瞻性聲明</strong></p>
<p>上述材料可能包含根據 1933 年證券法第 27A 條和 1934 年證券交易法第 21E 條的定義的 “前瞻性聲明”。我們希望所有前瞻性聲明都受到 1995 年私人證券訴訟改革法的安全港條款的保護。前瞻性聲明包括所有不單純涉及歷史或當前事實的聲明，包括但不限於關於公司產品開發和商業前景的聲明。這些聲明可能包括但不限於關於管理層對未來商業戰略、財務表現、運營結果、增長機會、市場發展、競爭地位、監管前景、我們對歷史趨勢和當前狀況的看法，以及我們認為在特定情況下適當和合理的其他因素的期望。前瞻性聲明通常可以通過它們不嚴格與歷史或當前事實相關以及使用 “預期”、“相信”、“估計”、“期望”、“預測”、“打算”、“可能”、“或類似表達” 等前瞻性詞彙來識別。</p>
<p>前瞻性聲明並不是對未來表現的保證。它們基於當前的期望、估計、預測和假設，這些假設涉及重大風險和不確定性，其中許多超出了公司的控制範圍，且難以預測。實際結果可能因各種因素而與這些前瞻性聲明所表達或暗示的結果有重大差異，包括但不限於：宏觀經濟條件；通貨膨脹壓力；利率變化；供應鏈中斷；不斷變化的消費者需求；競爭和技術發展；監管或法律變化；訴訟風險；網絡安全威脅；以及外匯波動。此外，其他目前我們未知或我們目前認為不重要的風險和不確定性可能會影響任何此類前瞻性聲明的準確性。所有前瞻性聲明應在其固有不確定性的理解下進行評估。讀者被警告不要對這些前瞻性聲明過度依賴，這些聲明僅在本新聞稿發佈之日有效。除法律要求外，公司不承擔任何義務，並明確拒絕對任何前瞻性聲明進行公開更新或修訂的責任，無論是由於新信息、未來事件還是其他原因，即使後續事件導致期望發生變化。</p>
<p>您應查閲我們向美國證券交易委員會（SEC）提交的文件，包括其最新年度報告 10-K 表格中的 “風險因素” 部分以及後續的 10-Q 表格提交，以獲取可能影響我們財務和其他結果的因素的更多詳細信息。</p>
<p><strong>Stardust Power 聯繫方式</strong></p>
<p><strong>投資者聯繫：</strong></p>
<p>Johanna Gonzalez</p>
<p>investor.relations@stardust-power.com</p>
<p><strong>媒體聯繫：</strong></p>
<p>Michael Thompson</p>
<p>media@stardust-power.com</p>
<p><img src="https://imageproxy.pbkrs.com/https://www.globenewswire.com/newsroom/ti/query-bmY9T1RZeE5qZzFOeU0zTXpNMU5EZ3hJekl5TmpRMU16ST0?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://www.globenewswire.com/newsroom/ti/query-bmY9T1RZeE5qZzFOeU0zTXpNMU5EZ3hJekl5TmpRMU16ST0"/></p>
<p><img src="https://imageproxy.pbkrs.com/https://ml.globenewswire.com/media/OWI2OWJiZjMtOTYyOS00Njg1LTkzM2ItOTg2M2U5NTA0ZDQ4LTEyNzYwODItMjAyNS0xMi0yNC1lbg==/tiny/Stardust-Power-Inc-.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://ml.globenewswire.com/media/OWI2OWJiZjMtOTYyOS00Njg1LTkzM2ItOTg2M2U5NTA0ZDQ4LTEyNzYwODItMjAyNS0xMi0yNC1lbg==/tiny/Stardust-Power-Inc-.png"/></p>

SDST

<p>Stardust Power Inc. 已從一家機構投資者那裏獲得高達 1500 萬美元的高級擔保可轉換債務融資，以支持其在俄克拉荷馬州穆斯科吉的鋰精煉廠的早期建設。該融資包括初始的 400 萬美元提款，併為工程、基礎設施和採購活動提供靈活的資金。該融資設施的期限為 24 個月，並提供現金或股票的還款選項。這項融資是 Stardust Power 籌集其每年 50,000 公噸精煉廠資金戰略的一部分，同時最大限度地減少公眾股權稀釋並最大化股東價值</p>

<p>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 $15.0 million in senior secured convertible debt financing to support early-stage construction activities at its lithium refinery project in Muskogee, Oklahoma.</p>
<div class="lb-trans"><p>康涅狄格州格林威治，2025 年 12 月 24 日（全球新聞通訊社）——Stardust Power Inc.（納斯達克：SDST）（“Stardust Power” 或 “公司”），一家美國電池級碳酸鋰開發商，今天宣佈已與一名機構投資者簽署證券購買協議，提供高達 1500 萬美元的高級擔保可轉換債務融資，以支持其在俄克拉荷馬州穆斯科吉的鋰精煉廠項目的早期建設活動。</p>
</div><p>The facility includes an initial $4.0 million drawdown and provides the Company with flexible capital to advance detailed engineering, infrastructure, and procurement activities as it progresses toward construction. The financing has a 24-month term, includes an initial repayment moratorium, and provides the Company with the option to repay the facility in cash or common stock. The facility is intended to support near-term development activities and may serve as bridge financing as the Company advances toward project-level construction financing.</p>
<div class="lb-trans"><p>該融資包括初始的 400 萬美元提款，為公司提供靈活的資金，以推進詳細工程、基礎設施和採購活動，助力其向建設階段邁進。該融資期限為 24 個月，包括初始還款寬限期，併為公司提供以現金或普通股償還融資的選擇。該融資旨在支持近期開發活動，並可能作為公司向項目級建設融資推進時的過渡融資。</p>
</div><p>“This facility marks an important step as we prepare for construction and provides optionality and meaningful flexibility as we execute the next phase of the Muskogee project,” said Roshan Pujari, Founder and Chief Executive Officer of Stardust Power. “We are building a robust capital stack with flexibility and shareholder value in mind and are focused on keeping our capital structure aligned with upcoming project milestones.”</p>
<div class="lb-trans"><p>“該融資標誌着我們為建設做好準備的重要一步，並在我們執行穆斯科吉項目的下一個階段時提供了選擇和重要的靈活性，” Stardust Power 的創始人兼首席執行官 Roshan Pujari 表示。“我們正在建立一個靈活的資本結構，考慮到股東價值，並專注於保持我們的資本結構與即將到來的項目里程碑保持一致。”</p>
</div><p>The Company plans to fund construction of its 50,000 metric ton per annum refinery through a combination of asset-level equity and asset-level debt financing, designed to minimize public equity dilution and maximize shareholder value, with early stage investor engagement reflecting interest in the project’s shovel-ready status.</p>
<div class="lb-trans"><p>公司計劃通過資產級股權和資產級債務融資的組合來資助其每年 5 萬噸的精煉廠建設，旨在最小化公眾股權稀釋並最大化股東價值，早期投資者的參與反映了對項目準備就緒狀態的興趣。</p>
</div><p><strong>About Stardust Power Inc.</strong></p>
<div class="lb-trans"><p><strong>關於 Stardust Power Inc.</strong></p>
</div><p>Stardust Power is a developer of battery-grade lithium carbonate designed to bolster America’s energy security through resilient supply chains. The Company is building a strategically located lithium refinery in Muskogee, Oklahoma, with the capacity to produce up to 50,000 metric tons of battery-grade lithium carbonate annually. Committed to sustainability at every stage, Stardust Power trades on Nasdaq under the ticker “SDST.”</p>
<div class="lb-trans"><p>Stardust Power 是一家電池級碳酸鋰開發商，旨在通過韌性供應鏈增強美國的能源安全。公司正在俄克拉荷馬州穆斯科吉建設一座戰略性位置的鋰精煉廠，年產能力可達 5 萬噸電池級碳酸鋰。Stardust Power 致力於在每個階段實現可持續發展，並在納斯達克以 “SDST” 股票代碼交易。</p>
</div><p>For more information, visit www.stardust-power.com</p>
<div class="lb-trans"><p>欲瞭解更多信息，請訪問 www.stardust-power.com</p>
</div><p><strong>Forward-Looking Statements</strong></p>
<div class="lb-trans"><p><strong>前瞻性聲明</strong></p>
</div><p>The foregoing material may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. We intend all forward-looking statements to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that do not relate solely to historical or current facts, including without limitation statements regarding the Company’s product development and business prospects. These statements may include, without limitation, statements regarding management’s expectations about future business strategies, financial performance, operating results, growth opportunities, market developments, competitive position, regulatory outlook, our perception of historical trends and current conditions, as well as other factors that we believe are appropriate and reasonable under the circumstances. Forward-looking statements generally can be identified by the fact that they do not relate strictly to historical or current facts and by the use of forward-looking words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “likely,” “may,” “model,” “outlook,” “plan,” “predict,” “project,” “seek,” “target,” “will,” “could,” “should,” or similar expressions.</p>
<div class="lb-trans"><p>上述材料可能包含根據 1933 年證券法第 27A 條和 1934 年證券交易法第 21E 條的定義的 “前瞻性聲明”。我們希望所有前瞻性聲明都受到 1995 年私人證券訴訟改革法的安全港條款的保護。前瞻性聲明包括所有不單純涉及歷史或當前事實的聲明，包括但不限於關於公司產品開發和商業前景的聲明。這些聲明可能包括但不限於關於管理層對未來商業戰略、財務表現、運營結果、增長機會、市場發展、競爭地位、監管前景、我們對歷史趨勢和當前狀況的看法，以及我們認為在特定情況下適當和合理的其他因素的期望。前瞻性聲明通常可以通過它們不嚴格與歷史或當前事實相關以及使用 “預期”、“相信”、“估計”、“期望”、“預測”、“打算”、“可能”、“或類似表達” 等前瞻性詞彙來識別。</p>
</div><p>Forward-looking statements are not guarantees of future performance. They are based on current expectations, estimates, forecasts, and assumptions that involve significant risks and uncertainties, many of which are beyond the Company’s control and are difficult to predict. Actual results may differ materially from those expressed or implied by such forward-looking statements as a result of various factors, including but not limited to: macroeconomic conditions; inflationary pressures; changes in interest rates; supply chain disruptions; evolving consumer demand; competitive and technological developments; regulatory or legal changes; litigation exposure; cybersecurity threats; and fluctuations in foreign exchange rates. In addition, other risks and uncertainties not presently known to us or that we currently believe to be immaterial could affect the accuracy of any such forward-looking statements. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty. Readers are cautioned not to place undue reliance on these forward-looking statements, which are made only as of the date of this press release. Except as required by law, the Company assumes no obligation and expressly disclaims any duty to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, even if subsequent events cause expectations to change.</p>
<div class="lb-trans"><p>前瞻性聲明並不是對未來表現的保證。它們基於當前的期望、估計、預測和假設，這些假設涉及重大風險和不確定性，其中許多超出了公司的控制範圍，且難以預測。實際結果可能因各種因素而與這些前瞻性聲明所表達或暗示的結果有重大差異，包括但不限於：宏觀經濟條件；通貨膨脹壓力；利率變化；供應鏈中斷；不斷變化的消費者需求；競爭和技術發展；監管或法律變化；訴訟風險；網絡安全威脅；以及外匯波動。此外，其他目前我們未知或我們目前認為不重要的風險和不確定性可能會影響任何此類前瞻性聲明的準確性。所有前瞻性聲明應在其固有不確定性的理解下進行評估。讀者被警告不要對這些前瞻性聲明過度依賴，這些聲明僅在本新聞稿發佈之日有效。除法律要求外，公司不承擔任何義務，並明確拒絕對任何前瞻性聲明進行公開更新或修訂的責任，無論是由於新信息、未來事件還是其他原因，即使後續事件導致期望發生變化。</p>
</div><p>You should consult our filings with the U.S. Securities and Exchange Commission (SEC), including the “Risk Factors” section of its most recent Annual Report on Form 10-K and subsequent filings on Form 10-Q, for additional detail about the factors that could affect our financial and other results.</p>
<div class="lb-trans"><p>您應查閲我們向美國證券交易委員會（SEC）提交的文件，包括其最新年度報告 10-K 表格中的 “風險因素” 部分以及後續的 10-Q 表格提交，以獲取可能影響我們財務和其他結果的因素的更多詳細信息。</p>
</div><p><strong>Stardust Power Contacts</strong></p>
<div class="lb-trans"><p><strong>Stardust Power 聯繫方式</strong></p>
</div><p><strong>For Investors:</strong></p>
<div class="lb-trans"><p><strong>投資者聯繫：</strong></p>
</div><p>Johanna Gonzalez</p>
<div class="lb-trans"><p>Johanna Gonzalez</p>
</div><p>investor.relations@stardust-power.com</p>
<div class="lb-trans"><p>investor.relations@stardust-power.com</p>
</div><p><strong>For Media:</strong></p>
<div class="lb-trans"><p><strong>媒體聯繫：</strong></p>
</div><p>Michael Thompson</p>
<div class="lb-trans"><p>Michael Thompson</p>
</div><p>media@stardust-power.com</p>
<div class="lb-trans"><p>media@stardust-power.com</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://www.globenewswire.com/newsroom/ti/query-bmY9T1RZeE5qZzFOeU0zTXpNMU5EZ3hJekl5TmpRMU16ST0" alt="" original-src="https://www.globenewswire.com/newsroom/ti?nf=OTYxNjg1NyM3MzM1NDgxIzIyNjQ1MzI="/></p>
<p><img src="https://imageproxy.pbkrs.com/https://ml.globenewswire.com/media/OWI2OWJiZjMtOTYyOS00Njg1LTkzM2ItOTg2M2U5NTA0ZDQ4LTEyNzYwODItMjAyNS0xMi0yNC1lbg==/tiny/Stardust-Power-Inc-.png" alt="" original-src="https://ml.globenewswire.com/media/OWI2OWJiZjMtOTYyOS00Njg1LTkzM2ItOTg2M2U5NTA0ZDQ4LTEyNzYwODItMjAyNS0xMi0yNC1lbg==/tiny/Stardust-Power-Inc-.png"/></p>

星塵動力獲得融資以推動俄克拉荷馬州鋰精煉廠的建設進程 | SDST 股票新聞