Company: GDSTR
Filing Date: 2025-05-14
Form Type: S-4/A
Source: 0001213900-25-043297
Chunk: 62

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-05-14
Form: S-4/A
Chunk 62
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stone does not complete a business combination. When you consider the recommendation of the Goldenstone Board in favor of approval of the Business Combination Proposal, you should keep in mind that the Sponsor Related Parties, have interests in such proposal that are different from, or in addition to (which may conflict with), those of Goldenstone’s stockholders generally. These conflicts of interest include, among other things, the interests listed below: •the fact that Sponsor and the other Initial Stockholders own 1,788,250shares of Common Stock (exclusive of 35,125shares of Common Stock to be received upon conversion of the Private Rights included in the Private Units upon the closing of the Business Combination) as of the date hereof, representing 52.0% of the voting power of the Common Stock, and Sponsor and the other Initial Stockholders are required by the Letter Agreement to vote those shares in favor of the Business Combination; •the fact that the Sponsor and the other Initial Stockholders paid an aggregate of $25,000 for 1,437,500 founder shares and such securities will have a significantly higher value at the time of the Business Combination with an aggregate market value of approximately $16.6 million, based on the closing price of the Common Stock of $11.57 on the OTC Markets on April21, 2025; •the fact that the Sponsor and the other Initial Stockholders purchased 351,250 private placement units at a per unit price of $10.00 with each unit consisting of one share of Common Stock, one Right to receive 1/10 thof a share of Common Stock upon consummation of a Business Combination and one Warrant with an aggregate market value of approximately $4.5 million consisting of $4.5 million for the 386,375shares of Common Stock (inclusive of shares issuable upon conversion of the Rights) based on the closing price of the Common Stock on the OTC Markets on April21, 2025 of $11.57 and $14,928 for the 351,250 Warrants based on the closing price of the Warrants on the OTC Markets on April21, 2025 of $0.0425.

9 •the fact that Sponsor, officers, advisors and directors of Goldenstone have agreed to waive their rights to liquidating distributions from the Trust Account with respect to any founder shares it holds if SPAC fails to consummate an initial business combination by June21, 2025 or, if such period is extended, within such extended