Company: GDSTR
Filing Date: 2025-06-20
Form Type: S-4/A
Source: 0001213900-25-055744
Chunk: 347

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-06-20
Form: S-4/A
Chunk 347
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 fee in connection with the Business Combination             |     | $          |  (343,250 | ) |     | $          |   (15,000 | ) |
| Other formation and operating costs                                              |     |            |  (627,967 | ) |     |            |  (702,167 | ) |
| Franchise tax credit (expenses)                                                  |     |            |    37,275 |   |     |            |  (129,953 | ) |
| Income from business combination deposits forfeited by the former target company |     |            |         — |   |     |            |   125,000 |   |
| Interest earned on investment held in Trust Account                              |     |            | 1,330,551 |   |     |            | 2,934,879 |   |
| Income taxes provision                                                           |     |            |  (287,243 | ) |     |            |  (616,192 | ) |
| Net income                                                                       |     | $          |   109,366 |   |     | $          | 1,596,567 |   |

The key measures of segment profit or loss reviewed by the Company’s CODM are interest earned on investment in Trust Account and formation and operating expenses. The CODM reviews interest earned on investment in Trust Account to measure and monitor stockholder value and determine the most effective strategy of investment with the Trust Account funds while maintaining compliance with the trust agreement. Within formation and operating costs, the CODM specifically reviews professional service fees in connection with the business combination, which are a significant segment expense, and include legal fees, and advisory fees, as these represent significant costs affecting the Company’s consummation of the Business Combination. Other formation and operating costs, including accounting expenses, printing expenses, and regulatory filing fees, are reviewed in aggregate to ensure alignment with budget and contractual obligations. These expenses are monitored to manage and forecast cash available to complete a business combination within the required period.

NOTE 11 — SUBSEQUENT EVENTS The Company evaluated subsequent events and transactions that occurred after the balance sheet date through June 16, 2025 when these consolidated financial statements were issued. Based on this review, except as disclosed below, the Company did not identify any other subsequent events that would require adjustment or disclosure in the consolidated financial statements. In April 2025, the Company issued an unsecured promissory note in the principal amount of $ 50,000to the Sponsor. The proceeds of the prom