Company: GDSTR
Filing Date: 2025-06-20
Form Type: S-4/A
Source: 0001213900-25-055744
Chunk: 265

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-06-20
Form: S-4/A
Chunk 265
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 general use following the Business Combination; (D)Reflects the settlement of $2,012,500 deferred underwriting discounts and commissions that becomes due and payable upon the consummation of the Business Combination, of which, 1) $150,000 paid in cash, 2) 350,000shares of Goldenstone common stock issued at $10.00 per share with a fair value of $3,500,000 and 3) the recognition of the stock compensation expenses of $1,637,500 and the transfer of Goldenstone’s historical accumulated deficit of Goldenstone, the accounting acquiree, into Infintium’s additional paid -incapital upon the consummation of the Business Combination; (E)Reflects the elimination of the historical accumulated deficit of Goldenstone, the accounting acquiree, into Infintium’s additional paid -incapital upon the consummation of the Business Combination and reflects the issuance of 610,125shares of Goldenstone common stock at $0.0001 par value from the conversion of 6,101,250 rights upon consummation of a Business Combination. (F)Reflects the settlement of approximately $1.3 million of total Goldenstone’s estimated transaction costs related to the Business Combination, of which, 1) approximately $0.8 million of transaction costs accrued as of the date of the unaudited pro forma condensed combined balance sheet and 2) approximately $0.5 million of transaction costs classified as an adjustment to Goldenstone’s accumulated deficit and subsequently reclassify to the Combined Company’s additional paid -incapital at the time of the consummation of the Business Combination; (G)Reflects the settlement of approximately $0.7 million of total Infintium’s estimated transaction costs related to the Business Combination, of which, 1) approximately $0.1million of transaction costs accrued as of the date of the unaudited pro forma condensed combined balance sheet, and 2) approximately $0.6 million transaction costs related to the Business Combination to be recognized against additional paid -incapital at the time of the consummation of the Business Combination; (H)Reflects the repayments of Promissory notes from Goldenstone’s Sponsor of approximately $3.1 million; (I)Reflects the elimination of the business combination deposits of $0.2 million; (J)Reflects the recapitalization of Infintium through (a) shares of Goldenstone common stock at $0