Company: GDSTR
Filing Date: 2025-08-05
Form Type: S-4/A
Source: 0001213900-25-071731
Chunk: 79

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-08-05
Form: S-4/A
Chunk 79
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 change as well. In addition, we may consider expanding our business beyond what is currently contemplated in our business plan. Depending on the financing requirements of a potential acquisition or new product opportunity, we may be required to raise additional capital through the issuance of equity or debt. If we are unable to raise additional capital on acceptable terms, we may be unable to pursue a potential acquisition or new product opportunity. We are dependent on third party suppliers for the supply of key materials and components for our products. We have established relationships with third party suppliers, on whom we rely to provide materials and components for our products. A supplier’s failure to supply materials or components in a timely manner, or to supply materials and components that meet our quality, quantity or cost requirements, or our inability to obtain substitute sources for these materials and components in a timely manner or on terms acceptable to us, could harm our ability to manufacture our products. In addition, to the extent that our product development plans rely on development of supplied materials or components, we cannot guarantee that we will be able to leverage our relationships with suppliers to support these plans. To the extent that the processes that our suppliers use to manufacture the materials and components are proprietary, we may be unable to obtain comparable materials or components from alternative suppliers, which could adversely affect our ability to produce viable fuel cell products or significantly raise our cost of producing such products. Supply chains could be further disrupted in the future by factors beyond our control. This could include: a reduction in the supply or availability of commodities or parts required to manufacture our products; lockdowns and workforce disruptions caused by epidemics and pandemics; the impacts of climate change on transportation networks and suppliers manufacturing facilities; and economic sanctions or embargoes. If we are unable to broaden our customer base and expand relationships with other potential customers, our business may be negatively impacted. We currently have a limited customer base. If we are unable to broaden our customer base and expand relationships with other potential customers, our business may be negatively impacted. Our dependence on a small number of customers also exposes us to numerous other risks, including: (i) a slowdown or delay in the customers’ deployment of our products significantly reducing demand for our products as well as increase pricing pressure on our products due to increased purchasing leverage; (ii) customer -specificfactors resulting in a choice to pursue an alternative technology or supplier; (iii) reductions in a few customers’ forecasts and demand resulting in excess inventories; (iv) current or future economic conditions negatively affecting our major customers and causing them to significantly