Company: GDSTR
Filing Date: 2025-07-18
Form Type: S-4/A
Source: 0001213900-25-065671
Chunk: 168

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-07-18
Form: S-4/A
Chunk 168
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 shares        |           |
|:----------------------------------------------------------------------------------------------------------------------------|:----|:--------------|-----------:|:----|:------------|-----------:|:----|:------------|-----------:|:----|:------------|-----------:|:----|:--------------|----------:|
| Goldenstone’s initial offering price of $9.09 per share included in the units (adjusted to exclude the value of the rights) |     | $             |       9.09 |     | $           |       9.09 |     | $           |       9.09 |     | $           |       9.09 |     | $             |      9.09 |
| Goldenstone’s net tangible book value, as adjusted                                                                          |     | $             | 11,989,346 |     | $           | 11,462,745 |     | $           | 10,936,157 |     | $           | 10,409,556 |     | $             | 9,882,968 |
| Goldenstone’s shares outstanding, as adjusted                                                                               |     |               |  3,249,371 |     |             |  3,205,504 |     |             |  3,161,638 |     |             |  3,117,771 |     |               | 3,073,905 |
| Goldenstone’s net tangible book value per share, as adjusted(1)                                                             |     | $             |       3.69 |     | $           |       3.58 |     | $           |       3.46 |     | $           |       3.34 |     | $             |      3.22 |
| Dilution to non-redeeming Goldenstone’s public shareholders                                                                 |     | $             |       5.40 |     | $           |       5.51 |     | $           |       5.63 |     | $           |       5.75 |     | $             |      5.87 |

The following table illustrates the as adjusted net tangible book value to Goldenstone’s shareholders as a result of transaction costs incurred by Goldenstone, and funds released from the Trust Account at de -SPAC, and reflecting the issuance of ordinary shares to the Rights holders for Rights issued at the IPO:

| Numerator adjustments                                                                   |     | Assuming no   
 redemption of 
 shares        |            |   |     | Assuming    
 25%