Company: GDSTR
Filing Date: 2025-07-18
Form Type: S-4/A
Source: 0001213900-25-065671
Chunk: 101

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-07-18
Form: S-4/A
Chunk 101
---
 Stock to adhere to more stringent rules and possibly result in a reduced level of trading activity in the secondary trading market for our securities; •a limited amount of news and analyst coverage; and •a decreased ability to issue additional securities or obtain additional financing in the future. The National Securities Markets Improvement Act of 1996, which is a federal statute, prevents or preempts the states from regulating the sale of certain securities, which are referred to as “covered securities.” Our Units, Common Stock, Rights and Warrants no longer qualify as covered securities under the statute. Although the states are preempted from regulating the sale of our securities, the federal statute does allow the states to investigate companies if there is a suspicion of fraud, and, if there is a finding of fraudulent activity, then the states can regulate or bar the sale of covered securities in a particular case. While we are not aware of a state having used these powers to prohibit or restrict the sale of securities issued by blank check companies, other than the State of Idaho, certain state securities regulators view blank check companies unfavorably and might use these powers, or threaten to use these powers, to hinder the sale of securities of blank check companies in their states. Further, we could be subject to regulation in each state in which we offer our securities. Goldenstone will be forced to liquidate the Trust Account if it cannot consummate an initial business combination by June 21, 2026 unless a further extension is approved by its stockholders. In the event of a liquidation, Goldenstone’s Public Stockholders will receive approximately $___ per Public Share and the Warrant and the Right included in each Unit will expire worthless. If Goldenstone is unable to complete a business combination by June 21, 2026, and is forced to liquidate, the per -shareliquidation distribution will be approximately $___ based on the trust balance as of March31, 2025. Furthermore, any Warrants and Rights will expire worthless. 39 As the Sponsor has agreed to vote in favor of the Business Combination and the other proposals presented at the Special Meeting, regardless of how the holders of the Public Shares vote, and the Business Combination is not conditioned on the separate approval of a majority of the unaffiliated stockholders, the Business Combination may be approved even if none of the holders of Public Shares vote in favor of it. Unlike some other blank check companies in which the initial stockholders agree to vote their shares in accordance with the majority of the votes cast by the public stockholders in