Company: GDSTR
Filing Date: 2025-11-19
Form Type: 10-Q
Source: 0001213900-25-112608
Chunk: 173

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-11-19
Form: 10-Q
Item: Item 3
Chunk 173
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are accurate based on a verification of funds available for withdrawal and supported by stockholder delivery of a valid redemption notice,
and

(3) financial instruments
are appropriately valued and disclosed within the financial statements.

Based on our assessment of these control deficiencies
as material weaknesses, management determined that we did not maintain effective internal control over financial reporting as of September
30, 2025.

Management is in the process of implementing remediation
steps to improve our internal control over financial reporting. Specifically, we performed sufficient detail review over the calculation
of complex financial instruments and plan to communicate to the redemption stockholders in late August 2025 for additional payment to
be paid in August 2025. We remediated the deficiency by reevaluating the estimated income tax and deposited the excess withdrawal made
in July 2025 back to the Trust Account in November 2025.

Changes in Internal Control over Financial
Reporting

There were no changes in our internal control
over financial reporting (as such term is defined in Rules 13a-15(f) and 15d-15(f) of the Exchange Act) during the most recent fiscal
quarter that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting except
as described above related to the material weaknesses in internal control over financial reporting that were identified during the most
recent fiscal quarter.

31

PART II - OTHER INFORMATION

ITEM 1. Legal Proceedings

None.

ITEM 1A. Risk Factors.

As   a smaller reporting company we are not required to make
disclosures under this Item.

ITEM 2. Unregistered Sales of Equity Securities
and Use of Proceeds.

The disclosure required by this Item 2 is incorporated
by reference to the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on March 21, 2022.

ITEM 3. Defaults Upon Senior Securities

None.

ITEM 4. Mine Safety Disclosures

Not applicable.

ITEM 5. Other Information

None.

ITEM 6. Exhibits.

    Exhibit
Number
     
    Description
  
    31.1*
     
    Certification of Chief Executive Officer (Principal Executive Officer) Pursuant to Rules 13a-14(a) and 15d- 14(a) under the Securities Exchange Act of 1934, as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
  
    32.1**
     
    Certification of