Company: GDSTR
Filing Date: 2025-11-19
Form Type: 10-Q
Source: 0001213900-25-112608
Chunk: 37

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-11-19
Form: 10-Q
Item: Item 1
Chunk 37
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 Business Combination are not yet determinable. The unaudited
condensed consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.

The potential for further changes in trade policies,
including new tariffs or changes to existing ones, introduces uncertainty regarding future costs and the Company’s overall financial
performance. The Company monitors these developments closely and will continue to evaluate their potential impact on its operations, financial
condition, and results of operations. The ultimate financial impact of these uncertainties is difficult to quantify at this time.

Registration Rights

The holders of the Insider Shares issued and outstanding
on the date of this filing, as well as the holders of the Private Units (and all underlying securities) and any securities our initial
stockholders, officers, directors or their affiliates may be issued in payment of working capital loans made to the Company, will be entitled
to registration rights pursuant to an agreement prior to or on the date of Initial Public Offering. The holders of the majority of the
Insider Shares can elect to exercise these registration rights at any time commencing three months prior to the date on which these shares
of common stock are to be released from escrow. The holders of a majority of the Private Units (and underlying securities) and securities
issued in payment of Working Capital Loans (or underlying securities) or loans to extend our life can elect to exercise these registration
rights at any time after the Company consummates a Business Combination. In addition, the holders have certain “piggy-back”
registration rights with respect to registration statements filed subsequent to the consummation of a Business Combination. The Company
will bear the expenses incurred in connection with the filing of any such registration statements.

19

Underwriters Agreement

The underwriters will be entitled to a deferred
fee of 3.5% of the gross proceeds of the Initial Public Offering, or $2,012,500 until the closing of the Business Combination. The deferred
fee can be paid in cash, stock or a combination of both (at the underwriter’s discretion). Any stock issued as a part of the deferred
fee will be issued to the underwriters at the value per share in the Company’s Trust Account, subject to any additional increases
in the amount in trust per the Company’s trust extensions. Stock to be issued to the underwriters will have unlimited piggyback
registration rights and the same rights afforded other holders of the Company’s common stock.

The underwriters have agreed to waive their rights
to the deferred underwriting commission of