Company: GDSTR
Filing Date: 2025-08-05
Form Type: S-4/A
Source: 0001213900-25-071731
Chunk: 151

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-08-05
Form: S-4/A
Chunk 151
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, that based upon Goldenstone’s analyses and due diligence, Target has the potential to be a market leader and has substantial future growth opportunities, all of which the Goldenstone Board believes have a strong potential to create meaningful stockholder value following the consummation of the Business Combination. The above discussion of the material factors considered by the Goldenstone Board is not intended to be exhaustive, but does set forth the principal factors considered by the Goldenstone Board. 67 As described under “ — The Background of the Business Combination” above, the Board, in evaluating the Business Combination, consulted with Goldenstone’s management and accounting and legal advisors. In reaching its unanimous decision to approve the Business Combination Agreement and the Business Combination, the Board considered a range of factors, including, but not limited to, the factors discussed below. In light of the number and wide variety of factors considered in connection with its evaluation of the combination, the Board did not consider it practicable to, and did not attempt to, quantify or otherwise assign relative weights to the specific factors that it considered in reaching its determination and supporting its decision. The Board viewed its decision as being based on all of the information available and the factors presented to and considered by it. In addition, individual directors may have given different weight to different factors. This explanation of Goldenstone’s reasons for the Business Combination and all other information presented in this section is forward -lookingin nature and, therefore, should be read in light of the factors discussed under the section titled “ Cautionary Note Regarding Forward -Looking Statements.” Before reaching its decision, the Board reviewed the results of the due diligence conducted by our management, which included: •extensive meetings and calls with Infintium’s management to understand and analyze Infintium’s business and to understand Infintium’s final financial models and forecasts; •consultation with industry experts regarding competitive landscape, industry outlook, company reputation, business model and scientific validity; •consultation with Goldenstone’s legal and accounting advisors; •review of Infintium’s material contracts and financial, tax, legal, accounting, environmental, and intellectual property due diligence; •review of Infintium’s financial statements; •research on comparable public companies; and •research on comparable transactions. In approving the combination, the Board obtained the opinion of EntrepreneurShares LLC as to the fairness from a financial point of view of the consideration to be given in the Business Combination. In addition, the officers and directors of Goldenstone have substantial experience in evaluating the operating and financial merits of companies from a wide