Company: GDSTR
Filing Date: 2025-01-30
Form Type: S-4
Source: 0001213900-25-008051
Chunk: 350

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-01-30
Form: S-4
Chunk 350
---
 Equity”. The Company accounted for the warrant as an expense of the IPO resulting in a charge directly to stockholders’ equity. The Company estimates that the fair value of the warrants is approximately $ 1.2million, or $ 0.21per Warrant, using the Black -ScholesOption Pricing Model. The fair value of the warrants is estimated as of the date of grant using the following assumptions: (1) expected volatility of 12.96%, (2) risk -freeinterest rate of 1.16%, (3) expected life of 5years, (4) exercise price of $ 11.50and (5) stock price of $ 9.03.

NOTE 9 — INCOME TAXES

The Company’s taxable income primarily consists of dividend earned on investments held in the Trust Account.

|                      |     |   |       For the 
  Three Months 
         Ended 
 September 30, 
          2024 |   |     |   |       For the 
  Three Months 
         Ended 
 September 30, 
          2023 |   |     |   |       For the 
    Six Months 
         Ended 
 September 30, 
          2024 |   |     |   |       For the 
    Six Months 
         Ended 
 September 30, 
          2023 |   |
|:---------------------|:----|:--|--------------:|:--|:----|:--|--------------:|:--|:----|:--|--------------:|:--|:----|:--|--------------:|:--|
| Current              |     |   |               |   |     |   |               |   |     |   |               |   |     |   |               |   |
| Federal              |     | $ |        74,445 |   |     | $ |       160,892 |   |     | $ |       224,197 |   |     | $ |       303,258 |   |
| State                |     |   |             — |   |     |   |             — |   |     |   |             — |   |     |   |             — |   |
| Deferred             |     |   |               |   |     |   |               |   |     |   |               |   |     |   |               |   |
| Federal              |     |   |       (28,597 |