22
Nov
16:12
Stardust Power gets closer to refining through SPAC merger
Connecticut-based lithium refiner Stardust Power is going public through a merger with Global Partner Acquisition Corp., paving the way for its Nasdaq listing.
The transaction, which is expected to finish during H1 2024, has an approximate value of $450 million and a pro forma implied enterprise value of $490m. Once the SPAC deal is completed, Stardust will trade under the ticker “SDST.”
Proceeds from the deal will support Stardust’s forthcoming…
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Anonymous
Very good overview of the weekly steel market.
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