Nasdaq Sends Minimum Bid Price Deficiency Notice to Stardust Power
SDST has more than doubled off its 52-week low of $0.113 on elevated volume (52× avg).
Summary
Stardust Power received a Nasdaq notice for failing the $1.00 minimum bid price rule, adding a second listing deficiency to the previously disclosed market value shortfall. The company has until March 10, 2027 to regain bid price compliance, but the market value deadline is October 21, 2026.
Key Events · Legal and Risk Events · SDST
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Nasdaq Minimum Bid Price Deficiency
Nasdaq notified Stardust Power on September 11, 2026 that its stock closed below $1.00 for 30 consecutive business days (July 30–September 10, 2026), violating Listing Rule 5550(a)(2).
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Two Concurrent Listing Deficiencies
The new bid price deficiency adds to the previously disclosed $35M market value shortfall (April 24, 2026 notice), which has an October 21, 2026 compliance deadline — only five weeks away.
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Compliance Deadline March 10, 2027
The company has 180 calendar days to regain bid price compliance. If it chooses a reverse stock split, it must complete the split no later than ten business days before March 10, 2027.
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Delisting Risk Escalates
With the stock at $0.245 and market cap near $3.7M, regaining compliance without a reverse split is unlikely. Failure to cure could lead to delisting, subject to appeal.
Analysis · SDST · Manufacturing
A delisting warning from Nasdaq landed on September 11, 2026, after Stardust Power's stock traded below $1.00 for 30 consecutive business days. The company now faces two separate listing deficiencies: the new bid price rule violation and the previously disclosed $35M market value shortfall with an October 21, 2026 deadline. With the stock at $0.245 and a market cap of roughly $3.7M, regaining compliance without a reverse split is highly unlikely. The company has until March 10, 2027 to fix the bid price issue, but the market value deadline is only five weeks away. This compounds the going concern warning and the Lind note default disclosed in August, putting the Nasdaq listing at serious risk.
How filings like this one have moved
In the 30 days to Sep 17, 2026, 40.1% of the 372 measured filings Wiseek scored 9 moved their stock by 5% or more by the next session's close. The median move was -0.60%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, SDST was trading at $0.25 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $3.7M. The 52-week trading range was $0.11 to $7.67. This filing was assessed with negative market sentiment and an importance score of 9 out of 10.