Stardust solar power company raises $524K to support expansion in US

Stardust Solar Energy Inc. has successfully closed the second and final tranche of its upsized non-brokered private placement, raising approximately $524,610.40 by issuing 5,246,104 units.

These funds will support the company’s US market expansion, following its acquisition of Solar Grids Development LLC, and will further enhance working capital, marketing, and administrative efforts to grow its franchise network.

Stardust Solar Energy Inc. is a North American franchisor that specializes in renewable energy installation services, including solar panels, energy storage systems, and electric vehicle supply equipment.

The company offers franchise opportunities and provides franchisees with comprehensive business management support, including marketing, sales, engineering, and project management services for both residential and commercial markets.

YTD Price Performance: 7.14%
Average Trading Volume: 48,563
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$3.86M