Mark Andrew Rankin - Jul 8, 2024 Form 3 Insider Report for Stardust Power Inc. (SDST)

Role
Director
Signature
/s/ Mark Rankin
Stock symbol
SDST
Transactions as of
Jul 8, 2024
Transactions value $
$0
Form type
3
Date filed
7/9/2024, 07:30 PM
Next filing
Sep 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SDST Class A Common Stock 810K Jul 8, 2024 By VKK Holdings F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 8, 2024, pursuant to that certain Business Combination Agreement, dated as of November 21, 2023 (as the same has been amended from time to time), by and among GPAC II, Strike Merger Sub I, Inc., a Delaware corporation and a wholly owned subsidiary of GPAC II ("First Merger Sub"), Strike Merger Sub II, LLC, a Delaware limited liability company and direct wholly owned subsidiary of GPAC II ("Second Merger Sub"), and Stardust Power Inc., a Delaware corporation, pursuant to which (i) First Merger Sub will merge with and into Stardust Power, with Stardust Power being the surviving company in the merger (the "First Merger") and, (ii) immediately following the First Merger, and as part of the same overall transaction as the First Merger, Stardust Power will merge with and into Second Merger Sub (the "Second Merger"), with Second Merger Sub being the surviving company of the Second Merger, and continuing as a direct, wholly-owned subsidiary of GPAC II.
F2 The figure in Box 4 under Instruction I reflects Mark Rankin's ownership of Combined Company shares through being a shareholder of VKK Holdings LLC.