Company: GDSTR
Filing Date: 2025-04-24
Form Type: S-4/A
Source: 0001213900-25-034782
Chunk: 384

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-04-24
Form: S-4/A
Chunk 384
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 2023         |          — |   |
|:---------------------------------------------------|:----|:----------------------------------------------------|:----|:---------------------------------------------------|:----|:-------------|-----------:|:--|:----|:-------------|-----------:|:--|
| Total loans payable – related party                |     |                                                     |     |                                                    |     | $            |  3,705,951 |   |     | $            |  1,705,951 |   |
| Total loans payable – related party, current       |     |                                                     |     |                                                    |     |              | (2,405,951 | ) |     |              | (1,505,951 | ) |
| Total loans payable – related parties, non-current |     |                                                     |     |                                                    |     | $            |  1,300,000 |   |     | $            |    200,000 |   |

Loan Payable — related party, limited liability company In March 2020, the Company entered into a promissory note with a related party limited liability company controlled by the Company’s ultimate major shareholder, with proceeds to the Company of $1,205,951 with an interest rate of zero percent and to be due on demand. As of December 31, 2024 and 2023, the balance of the related party loan payable is $1,205,951 and $1,205,951 as of both dates. Loan payable — related party, shareholders In February 2023, the Company entered into a promissory note with a related party entity, shareholder A, with proceeds to the Company of $200,000 and an interest rate of zero percent. As of December 31, 2024 and 2023, the balance of the noncurrent related party loan payable is $0 and $200,000, respectively and the balance of the current related party loan payable is $200,000 and $0, respectively. Loan payable — related party lenders In August 2023, the Company entered into a short -termpromissory note with a related party, lender B, with proceeds to the Company of $300,000 and an interest rate of zero percent. In March 2024, the Company repaid the entire note in the amount of $300,000 and as of December 31, 2024 and 2023, the balance of the current related party loan payable was $0 and $300,000, respectively.