XML 133 R28.htm IDEA: XBRL DOCUMENT
v3.25.1

REVERSE RECAPITALIZATION (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Restructuring Cost and Reserve [Line Items] |
SCHEDULE OF ASSUMPTIONS UNDER THE MONTE CARLO MODEL | The Earnout Shares were valued using the following assumptions under the Monte Carlo Model that assumes optimal exercise of the Company’s redemption option at the earliest possible date: SCHEDULE OF ASSUMPTIONS UNDER THE MONTE CARLO MODEL
Market price of public stock |  | $ | 9.74 |
Expected term (years) |  |  | 8 years |
Volatility |  |  | 60.00 | %
Risk-free interest rate |  |  | 4.25 | %
Dividend rate |  |  | 0.00 | %
SCHEDULE OF COMMON STOCK ISSUED AND OUTSTANDING | The number of shares of Common Stock issued and outstanding immediately following the consummation of the Business Combination were: SCHEDULE OF COMMON STOCK ISSUED AND OUTSTANDING
Stardust Power rollover equity (1)(2) |  |  | 42,393,905 |
GPAC II public shareholders (3)(4) |  |  | 137,427 |
Sponsor (5)(6) |  |  | 4,000,000 |
PIPE (7) |  |  | 1,077,541 |
Non-redemption shares (8) |  |  | 127,777 |
Total Shares issued and Outstanding |  |  | 47,736,650 |
(1) | Includes eight shareholders, whose shares are not subject to lock-up or transfer restrictions.
(2) | Includes (i) 894,132 shares of Combined Company Common Stock issued in exchange for shares of Legacy Stardust Power Common Stock with the conversion of the SAFE notes and convertible equity agreements and (ii) 41,499,772 shares of Combined Company Common Stock issued in accordance with the Business Combination Agreement underlying the Exchanged Company Restricted Common Stock.
(3) | Excludes 4,999,929 Public Warrants that converted automatically into a whole warrant exercisable for one share of Common Stock.
(4) | Reflects the reclassification of $1,564,086 of cash held in trust account, after reversal of redemptions of 2,877 shares at $11.38 per share, post June 30, 2024, resulting in a net increase of $1,564,086, net of redemptions, in cash.
(5) | Excludes 5,566,667 Private Placements Warrants that converted automatically into a whole warrant exercisable for one share of Common Stock.
(6) | Includes 1,000,000 Sponsor Earnout Shares (as defined in the Business Combination Agreement). While the Earnout Shares are legally issued, they are subject to forfeiture based on vesting conditions not being met. (See Note 17).
(7) | Reflects the receipt of $10,075,002 of PIPE proceeds resulting in issuance of 1,077,541 shares with the corresponding impact of $108 in Combined Company Common Stock and the balance impact being booked to additional paid-in capital.
(8) | Includes 127,777 shares of Combined Company Common Stock issued to GPAC II shareholders entering into NRAs.
SCHEDULE OF ELEMENTS OF BUSINESS COMBINATION | SCHEDULE OF ELEMENTS OF BUSINESS COMBINATION
|  | Recapitalization |
Cash proceeds from GPAC II, net of redemptions |  |  | 1,564,086 |
Cash proceeds from PIPE financing |  | $ | 10,075,002 |
Less: Cash payment of assumed liabilities of GPAC II |  |  | (921,493 | )
Less: Settlement of sponsor promissory notes |  | $ | (1,562,834 | )
Net cash proceeds upon closing of the Business Combination and PIPE financing |  |  | 9,154,761 |
Less: Non-cash net liabilities assumed from GPAC II |  |  | (14,638,215 | )
Net charge to additional paid-in-capital as a result of the Business Combination reported in stockholder’s (deficit) |  |  | (5,483,454 | )
Sponsor [Member] |
Restructuring Cost and Reserve [Line Items] |
SCHEDULE OF ASSUMPTIONS UNDER THE MONTE CARLO MODEL | The Sponsor Earnout Shares were valued using the following assumptions under the Monte Carlo Model that assumes optimal exercise of the Company’s redemption option at the earliest possible date: SCHEDULE OF ASSUMPTIONS UNDER THE MONTE CARLO MODEL
|  | December 31, 2024 |
Market price of public stock |  | $ | 3.58 |
Expected term (years) |  |  | 7.52 years |
Volatility |  |  | 65.00 | %
Risk-free interest rate |  |  | 4.50 | %
Dividend rate |  |  | 0.00 | %

X
- Definition Schedule of Common Stock Issued and Outstanding in Business Combination [Table Text Block] + References No definition available. + Details
Name: | SDST_ScheduleOfCommonStockIssuedAndOutstandingInBusinessCombinationTableTextBlock
Namespace Prefix: | SDST_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule Of Elements Of Business Combination [Table Text Block] + References No definition available. + Details
Name: | SDST_ScheduleOfElementsOfBusinessCombinationTableTextBlock
Namespace Prefix: | SDST_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 103 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482078/820-10-55-103 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
Name: | us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4.d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4.b.1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4.b.2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 + Details
Name: | us-gaap_RestructuringCostAndReserveLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=SDST_SponsorMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |