Proceeds will be used to back Oklahoma refining facility
Firm will have $490 million pro forma value including debt
Stardust Power Inc., a lithium refiner developing a facility in Oklahoma, has agreed to go public through a merger with Global Partner Acquisition Corp. II.
The proposed transaction has a pro forma enterprise valuation of $490 million, according to a statement confirming a Bloomberg News report. Led by Chief Executive Officer Roshan Pujari, Greenwich, Connecticut-based Stardust Power aims to become a major producer of battery grade lithium products in the US….