Company: GDSTR
Filing Date: 2025-08-20
Form Type: 10-Q
Source: 0001213900-25-078650
Chunk: 143

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-08-20
Form: 10-Q
Item: Item 2
Chunk 143
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 with its amended and restated certificate of incorporation, a deposit of $575,000 was made
into the Trust Account established at the time of the Company’s initial public offering for the benefit of the public stockholders.
Pursuant to the Extension, the new deadline for completion of an initial business combination was extended to June 21, 2023.  

On June 20, 2023, the Company
announced that it had extended the period of time by which it may complete an initial business combination by an additional three months
(the “Second Extension”). In accordance with its amended and restated certificate of incorporation, on June 14, 2023, a deposit
of $575,000 was made into to the Trust Account established at the time of the Company’s initial public offering for the benefit
of the public stockholders. Pursuant to the Second Extension, the new deadline for completion of an initial business combination was September
21, 2023.

On September 21, 2023, the Company’s stockholders approved the
amendment to the Company’s Amended and Restated Certificate of Incorporation to extend the date by which the Company has to consummate
a business combination up to nine (9) times (the “Third Extension”), each such extension for an additional one (1) month period
(each an “Extension”), from September 21, 2023 to June 21, 2024 (such date actually extended being referred to as the “Extended
Termination Date”). The Company’s stockholders also approved an amendment to the Investment Management Trust Agreement, dated
March 16, 2022 by and between the Company and Continental Stock Transfer & Trust Company, to provide that the time for the Company
to complete its initial business combination (the “Business Combination Period”) under the Trust Agreement from September
21, 2023 to June 21, 2024 (the “Trust Amendment”) provided that the Company deposits into the Trust Account established in
connection with the Company’s initial public offering (the “Trust Account”) the sum of $100,000 for each one month extended.
In addition, the Company’s stockholders approved an amendment (the “NTA Amendment”) to Article Sixth, Paragraph D of
the Charter to remove the net tangible asset requirement (the “NTA Requirement”) to no longer require that the Company will
not consummate any business combination unless it (i) has net tangible assets of at least $5,000,001 upon