Company: GDSTR
Filing Date: 2025-07-18
Form Type: S-4/A
Source: 0001213900-25-065671
Chunk: 10

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-07-18
Form: S-4/A
Chunk 10
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 on the other hand. In addition, certain of Goldenstone’s officers and directors presently have, and any of them in the future may have additional, fiduciary and contractual duties to other entities, and therefore could have conflicts of interest in determining whether to present such business combination opportunity to such entity, subject to their fiduciary duties under Delaware law. Goldenstone does not believe that duties have had any material impact on the identification of companies that may be appropriate acquisition targets; •the fact that the $2,976,966 principal balance as of March31, 2025 under the Sponsor Notes will only be repaid if an initial business combination is consummated; •the fact that given the differential in the purchase price that the Sponsor and the other Initial Stockholders paid for the founder shares as compared to the price of the Public Units sold in the IPO, the Sponsor and the other Initial Stockholders may earn a positive rate of return on their investment even if the Common Stock trades below the price initially paid for the Public Units in the IPO and the Public Stockholders experience a negative rate of return following the completion of the Business Combination; •the fact that Sponsor and the other Initial Stockholders have entered into a registration rights agreement, pursuant to which they have registration rights to require Goldenstone to register a sale of any of its securities held by them; •the fact that the Sponsor and the other Initial Stockholders will lose their entire investment in Goldenstone and will not be reimbursed for any out -of-pocketexpenses if an initial business combination is not consummated by June21, 2025 or, if such period is extended, within such extended period; •the continued indemnification of Goldenstone’s directors and officers and the continuation of Goldenstone’s directors’ and officers’ liability insurance after the Business Combination (i.e., a “tail policy”); •the fact that if the Trust Account is liquidated, including in the event SPAC is unable to complete an initial business combination by June21, 2025 or, if such period is extended, within such extended period, the Sponsor has agreed to indemnify Goldenstone to ensure that the proceeds in the Trust Account are not reduced below $10.15 per Public Share, or such lesser per Public Share amount as is in the Trust Account on the liquidation date, by the claims of prospective target businesses with which Goldenstone has entered into an acquisition agreement or claims of any third party for services rendered or products sold to Goldenstone, but only if such a vendor or target business