Company: GDSTR
Filing Date: 2025-01-30
Form Type: S-4
Source: 0001213900-25-008051
Chunk: 191

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-01-30
Form: S-4
Chunk 191
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 nickel, to make. In addition, when powered by green hydrogen — hydrogen produced with renewable power sources — HFCs generate carbon -freeelectricity through electrochemical processes with pure water as its only byproduct, while batteries, are mostly charged by grid power that today is predominantly generated through burning fossil fuels that is believed to cause ongoing climate change. Founded in 2007 in the United States and incorporated in the state of Delaware, Infintium has been dedicated to building its business around driving the transition of global transportation systems towards a more sustainable and efficient ecosystem. Through over 15 years of R&D and engineering, it has established itself as a leading innovator in the rapidly emerging HFC industry in the transportation industry, with an initial focus on material handling equipment, notably lift trucks, with ongoing product development for other heavy duty commercial vehicles and stationary power applications. Infintium’s HFCPUs for material handling now cover three major classes of industrial vehicles — Class 1, 2 and 3. The company’s HFCPUs for industrial vehicles are designed to provide reliable and efficient performance in a wide range of operating conditions. The company has developed proprietary and patent -pendingcontrol algorithms and monitoring systems that enable its HFC systems to adapt to harsh working environments, minimize the risk of performance issues and maximize uptime for its customers. In addition, compared with battery -poweredsolutions, which generally require approximately an hour for lithium -ionbatteries and four hours for lead -acidbatteries for recharging, our HFCPUs take less than three minutes to refill, enabling a longer shift of operation and saving significant downtime. HFCs also eliminate the need for battery swap and charging rooms. Infintium has successfully deployed its HFC power units with renowned industrial brands such as BMW, Mercedes -Benz, Hyster -Yaleand Ford, and is in the process of deploying in major retail chains with substantial warehouse facilities and footprints in the U.S. as well as select foreign countries in North and South America. Products and Services Infintium has developed a comprehensive portfolio of over eighteen different HFC products, designed to be compatible with a wide range of electric material handling vehicle models in the market. The company believes that its HFC power systems offer superior performance characteristics compared to traditional lithium -ionbatteries, including higher energy density, faster refueling time, more distance coverage per fill, and a broader operating temperature range. Infintium’s HFC systems, manufactured and assembled in its South Carolina headquarters and