Company: GDSTR
Filing Date: 2025-08-05
Form Type: S-4/A
Source: 0001213900-25-071731
Chunk: 93

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-08-05
Form: S-4/A
Chunk 93
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 exemption is available. Generally, issuances of securities in connection with an initial business combination transaction (including any PIPE transaction at the time of an initial business combination), as well as any other issuances of securities not in connection with an initial business combination, would be expected to reduce the amount of the Excise Tax in connection with redemptions occurring in the same calendar year, but the number of securities redeemed may exceed the number of securities issued. On June 28, 2024, the Treasury finalized certain of the proposed regulations (those relating to procedures for reporting and paying the Excise Tax). The remaining regulations (largely relating to the computation of the Excise Tax) remain in proposed form. The Treasury intends to finalize these proposed regulations at a later date and, until such time, taxpayers may continue to rely on the proposed regulations. In addition, the Excise Tax would be payable by us, and not by the redeeming holder. Finally, subject to certain exceptions, the Excise Tax should not apply in the event of our complete liquidation. Future resales of shares of New Infintium Common Stock issued to Infintium stockholders and other significant stockholders may cause the market price of the New Infintium Common Stock to drop significantly, even if New Infintium’s business is doing well. Pursuant to the Business Combination Agreement, immediately after Closing the Infintium Securityholders will hold approximately 80.0% of the outstanding shares of New Infintium Common Stock, approximately [•]% of which will be eligible for sale immediately after the consummation of the Business Combination. These percentages assume 32 that no shares of Common Stock are redeemed in connection with the Business Combination and do not take into account any Warrants to purchase Common Stock that will be outstanding following the Business Combination. If the actual facts differ from these assumptions, these percentages will differ. Pursuant to Infintium Lock -UpAgreement and the Sponsor Lock -UpAgreement, certain New Infintium stockholders will be restricted, subject to certain exceptions, from selling any of the New Infintium Common Stock that they receive in or hold at the Effective Time, which restrictions will expire and therefore additional shares of New Infintium Common Stock will be eligible for resale six months after the Effective Time. See “ Proposal 1 — The Business Combination Proposal — Certain Related Agreements.” Subject to Infintium Lock -UpAgreements, the Infintium stockholders that are a party thereto (which are Infintium’s three