Company: GDSTR
Filing Date: 2025-06-20
Form Type: S-4/A
Source: 0001213900-25-055744
Chunk: 350

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-06-20
Form: S-4/A
Chunk 350
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 compensation – warrants                                         |     | $                          |  6,512,497 |   |     | $         |          — |   |

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.

F-31 INFINTIUM FUEL CELL SYSTEMS, INC.
NOTES TO FINANCIAL STATEMENTS
(Unaudited) NOTE 1 — NATURE OF THE ORGANIZATION AND BUSINESS Infintium Fuel Cell Systems, Inc. (“Infintium” or the “Company”) was incorporated on November 9, 2017 under the laws of Delaware and its corporate headquarters are located in Greenville, South Carolina. Infintium is a developer and provider of advanced hydrogen fuel cell (“HFC”) technologies and power systems built upon proton exchange membranes (“PEM”) for heavy transportation applications; the Company engages in the design, engineering, commercialization, manufacturing, marketing, sales and after -saleservices of its HFC systems, which are sold and deployed in large factories and warehouses primarily for material handling applications for its automotive, industrial and retail distribution customers. The Company’s mission is to develop reliable, innovative, and efficient HFCs to accelerate the development of the hydrogen economy for clean energy transition. In June 2024, the Board of Directors of the Company entered into a Business Combination Agreement (“BCA”) with Goldenstone Acquisition Limited, a Delaware corporation (“Goldenstone”), a wholly owned direct subsidiary of Goldenstone (“Merger Sub”), the Corporation, and Yan (Chris) Feng, solely in his capacity as representative, agent and attorney -in-factof the Company Securityholders (as such term is defined in the BCA), pursuant to which Merger Sub will merge with and into the Corporation (the “Merger”), with the Corporation surviving the Merger as a wholly owned subsidiary of Goldenstone, and Goldenstone will change its name to “Infintium Fuel Cell Systems Inc.”, which will continue as a public corporation after the closing of the Merger. NOTE 2 — BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying unaudited condensed financial statements of the Company have been prepared in accordance with the generally accepted accounting principles in the United States of America (“U.S. GAAP”) and pursuant to the rules and regulations of the Securities Exchange Commission (“SEC”) for interim reporting. As permitted under those rules, certain footnotes or other financial information that are normally required by U.S. GAAP can be condensed or