Stardust Power Received Notice of Delisting
Nasdaq plans to delist Stardust Power's stock and warrants on October 23, 2026, due to low share price. The company can request a hearing by that date, but it won't delay the suspension. According to the exchange, the move follows a 10-day period where the stock traded below $0.10.
How this was made
The 30-second read
Why it matters
The delisting notice is a material corporate action that will force shareholders to liquidate positions, likely driving the stock sharply lower if it remains tradable before the suspension.
Market read
Immediate sell‑off risk for SDST holders; broader caution for similarly priced Nasdaq stocks.
What to watch
Potential for a hearing outcome that delays or overturns the suspension.
Background
Stardust Power Inc. is a micro‑cap listed on Nasdaq under ticker SDST. The company has been trading below $0.10 for an extended period, triggering Nasdaq's delisting rules.
Ticker impact
Nasdaq staff determination to suspend trading and delist SDST effective Oct 23 after bid price stayed at $0.10 for ten days.
likely pressure as the market prices in the imminent suspension and delisting.
The company will be unable to trade after Oct 23, prompting holders to exit positions quickly.
Market effects
May affect other low‑price micro‑caps on Nasdaq as investors reassess risk of similar delistings.
Limited to U.S. markets; no broader regional effect.
Minimal global relevance beyond niche micro‑cap investors.
Counterpoint
If the company secures a reverse split or capital infusion before Oct 23, the price could rebound.
Key entities
- Regulatory BodyNasdaq
Issued the staff determination to suspend trading and delist SDST.
- CompanyStardust Power Inc.
Subject of the delisting notice.
