Company: GDSTR
Filing Date: 2025-01-30
Form Type: S-4
Source: 0001213900-25-008051
Chunk: 146

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-01-30
Form: S-4
Chunk 146
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 corporate purpose, including future acquisitions and capital -raisingtransactions. 70 Proposal 3B: Removal of Supermajority Voting Provision Proposal No. 3C: Name Change and Removal of SPAC Provisions— Amending the Current Charter to change Goldenstone’s name to “Infintium Fuel Cell Systems Holdings, Inc.” and to remove the various provisions applicable only to special purpose acquisition companies that will no longer be applicable after the consummation of the Business Combination, including the elimination of Article Sixth (which generally set forth the requirements of an initial business combination). The Board believes that changing the post -BusinessCombination corporate name from “Goldenstone Acquisition Limited” to “Infintium Fuel Cell Systems Holdings, Inc.” is desirable to reflect the Business Combination and to align its name with the post -BusinessCombination company’s operating business. Furthermore, the Board has determined that it is in the best interest of Goldenstone to eliminate provisions specific to its status as a special purpose acquisition company. This deletion is desirable because these provisions will serve no purpose following consummation of the Business Combination. For example, these proposed amendments remove the requirement to dissolve the post -BusinessCombination company if Goldenstone does not complete an initial business combination within a certain period of time and will allow the post -BusinessCombination company to continue as a corporate entity with perpetual existence following consummation of the Business Combination. Perpetual existence is the customary period of existence for corporations and the Board believes that it is the most appropriate period for the post -BusinessCombination company. Vote Required for Approval The Advisory Proposals will be approved and adopted only if holders of at least a majority of the issued and outstanding shares of Common Stock present by teleconference or represented by proxy and entitled to vote at the Goldenstone Special Meeting vote “FOR” the Advisory Proposals. The Business Combination is not conditioned upon the approval of the Advisory Proposals. As discussed above, a vote to approve each of the Advisory Proposals is an advisory vote, and therefore, is not binding on Goldenstone, Infintium or their respective boards of directors. Accordingly, regardless of the outcome of the non -bindingadvisory vote, Goldenstone and Infintium intend that the Amended Charter, in the form attached to this proxy statement/prospectus as Annex B and containing the provisions noted above, will take effect at the Closing, assuming approval of the Charter Amendment Proposal (Proposal 2). Board Recommendation THE BOARD RECOMMENDS A VOTE “FOR” ADOPTION OF