Company: GDSTR
Filing Date: 2025-06-16
Form Type: 10-K
Source: 0001213900-25-054825
Chunk: 15

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-06-16
Form: 10-K
Item: Item 1
Chunk 15
---
 this alternative, which we believe is less expensive, while offering greater certainty of execution than the traditional initial
public offering. During an initial public offering, there are typically expenses incurred in marketing, which would be costlier than
a business combination with us. Furthermore, once a proposed business combination is approved by our stockholders (if applicable) and
the transaction is consummated, the target business will have effectively become public, whereas an initial public offering is always
subject to the underwriters’ ability to complete the offering, as well as general market conditions that could prevent the offering
from occurring. Once public, we believe the target business would have greater access to capital and additional means of creating management
incentives that are better aligned with stockholders’ interests than it would as a private company. It can offer further benefits
by augmenting a company’s profile among potential new customers and vendors and aid in attracting talented management staffs.

Strong
Financial Position and Flexibility

With
the funds held in our Trust Account, we can offer a target business a variety of options to facilitate a business combination and fund
future expansion and growth of its business. Because we are able to consummate a business combination using the cash proceeds from this
offering, our share capital, debt or a combination of the foregoing, we have the flexibility to use an efficient structure allowing us
to tailor the consideration to be paid to the target business to address the needs of the parties. However, if a business combination
requires us to use substantially all of our cash to pay for the purchase price, we may need to arrange third party financing to help
fund our business combination. Since we have no specific business combination under consideration, we have not taken any steps to secure
third-party financing.

Initial
Business Combination Criteria 

The
focus of our management team is to create stockholder value by leveraging its experience to improve the efficiency of the business while
implementing strategies to grow revenue and profits organically and/or through acquisitions.

Consistent
with our strategy, we have identified the following general criteria and guidelines that we believe are important in evaluating prospective
target businesses. While we intend to use these criteria and guidelines in evaluating prospective businesses, we may deviate from these
criteria and guidelines should we see fit to do so:

    ●
    Advantage
    of the Niche Deal Size

We
intend to acquire companies with enterprise values of between $150 million and $500 million that are preferably already cash-generative.
We believe we have