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$SDST·8-K

Stardust Power Inc. · Jun 3, 4:38 PM ET

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Stardust Power Inc. 8-K

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Stardust Power Inc. Reports Annual Meeting Results; Equity Plan Amended

What Happened
Stardust Power Inc. (SDST) filed an 8‑K on June 3, 2026 reporting results of its 2026 Annual Meeting of Stockholders. Stockholders re-elected the company’s six director nominees for one-year terms and approved an amendment and restatement of the Company’s 2024 Equity Incentive Plan to add 2,600,000 shares and extend the plan term to April 8, 2036. The amended plan text is filed as Exhibit 10.1 to the Form 8‑K.

Key Details

  • Directors re-elected (one-year terms):
    • Roshan Pujari: For 3,480,943; Withhold 28,311; Broker non‑votes 3,144,246
    • Anupam Agarwal: For 3,460,636; Withhold 48,618; Broker non‑votes 3,144,246
    • Charlotte Nangolo: For 3,482,531; Withhold 26,723; Broker non‑votes 3,144,246
    • Mark Rankin: For 3,482,843; Withhold 26,411; Broker non‑votes 3,144,246
    • Michael Earl Cornett Sr.: For 3,475,340; Withhold 33,914; Broker non‑votes 3,144,246
    • Sudhindra Kankanwadi: For 3,480,754; Withhold 28,500; Broker non‑votes 3,144,246
  • Auditor ratified: KNAV CPA LLP approved as independent registered public accounting firm for FY2026 (For 6,546,354; Against 69,354; Abstain 37,792).
  • Other shareholder votes:
    • Approved (Nasdaq rule compliance) issuance to Lind Global Asset Management XIII LLC (For 3,311,967; Against 190,554; Abstain 6,733; Broker non‑votes 3,144,246).
    • Certificate of incorporation amendment to clarify director removal was not approved (For 3,495,722; Against 8,725; Abstain 4,807; Broker non‑votes 3,144,246).
    • Approved amendment & restatement of 2024 Equity Incentive Plan (For 3,251,765; Against 252,333; Abstain 5,156; Broker non‑votes 3,144,246).

Why It Matters
Re-election of the board maintains the current leadership team and corporate direction. Approval of the amended 2024 Equity Incentive Plan increases the pool of shares available for employee and director awards by 2,600,000 and extends the plan through April 8, 2036, which can affect future dilution and executive compensation. Ratifying the independent auditor (KNAV) confirms the firm that will conduct SDST’s FY2026 audit. Investors should note the specific vote counts and the filed amended plan (Exhibit 10.1) for details on potential dilution and award terms.

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