Company: GDSTR
Filing Date: 2025-06-16
Form Type: 10-K
Source: 0001213900-25-054825
Chunk: 933

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-06-16
Form: 10-K
Item: Item 7
Chunk 933
---
 (6,486,801)

    Net
    Change in Cash 
     (16,131) 
     20,060 

    Cash
    at beginning of year 
     30,823  
     10,763 

    Cash
    at end of year 
    $14,692  
    $30,823 

    Supplemental
    Cash Flow Information 

    Cash
    paid for income taxes 
    $971,189  
    $506,854 

    Supplemental
    Disclosure of Non-cash Financing Activities 

    Excise
    tax payable attributable to redemption of common stock 
    $380,443  
    $81,578 
  
    Accretion
    of subsequent measurement of common stock subject to redemption value 
    $1,625,328  
    $4,039,650 

The
accompanying notes are an integral part of these consolidated financial statements.

F-6

GOLDENSTONE
ACQUISITION LIMITED

NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS

MARCH
31, 2025

NOTE
1 — ORGANIZATION AND BUSINESS BACKGROUND

Goldenstone
Acquisition Limited (the “Company”) is a Delaware corporation incorporated as a blank check company on September 9, 2020.
The Company was formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization,
reorganization or similar business combination with one or more businesses or entities (the “Business Combination”). The
Company is not limited to a particular industry or geographic region for purposes of consummating a Business Combination.

On
June 2, 2022, Goldenstone Merger Sub, Inc. (“Merger Sub 1”) was incorporated in the state of Delaware as a corporation and
is wholly-owned by the Company. Merger Sub 1 was formed in connection with the execution of a business combination agreement that was
subsequently terminated. It has not conducted any activities and is inactive.

On
June 20, 2024, Pacifica Acquisition Corp (“Merger Sub 2”) was incorporated in the state of Delaware as a corporation and
is wholly-owned by the Company. Merger Sub 2 was formed in connection with the execution of the June 26, 2024 Business Combination Agreement
described below. It has not conducted any activities and is inactive.

The
Company has selected March