Company: GDSTR
Filing Date: 2025-05-14
Form Type: S-4/A
Source: 0001213900-25-043297
Chunk: 101

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-05-14
Form: S-4/A
Chunk 101
---
 our securities. Goldenstone will be forced to liquidate the Trust Account if it cannot consummate an initial business combination by June 21, 2025 unless a further extension is approved by its stockholders. In the event of a liquidation, Goldenstone’s Public Stockholders will receive approximately $11.78 per Public Share and the Warrant and the Right included in each Unit will expire worthless. If Goldenstone is unable to complete a business combination by June 21, 2025, and is forced to liquidate, the per -shareliquidation distribution will be approximately $11.78 based on the trust balance as of December31, 2024. Furthermore, any Warrants and Rights will expire worthless. 38 As the Sponsor has agreed to vote in favor of the Business Combination and the other proposals presented at the Special Meeting, regardless of how the holders of the Public Shares vote, and the Business Combination is not conditioned on the separate approval of a majority of the unaffiliated stockholders, the Business Combination may be approved even if none of the holders of Public Shares vote in favor of it. Unlike some other blank check companies in which the initial stockholders agree to vote their shares in accordance with the majority of the votes cast by the public stockholders in connection with an initial business combination, the Sponsor has agreed, among other things, to vote in favor of the proposals presented at the Goldenstone Special Meeting. Additionally, the Business Combination is not conditioned on the separate approval of a majority of Goldenstone’s Public Stockholders. Accordingly, none of the proposals presented at the Goldenstone Special Meeting is conditioned on the approval by the holders of a majority of the Goldenstone Common Stock held by stockholders other than the Sponsor or its affiliates. As of the record date for the Goldenstone Special Meeting, the Sponsor owned approximately ___% of the issued and outstanding shares of Goldenstone Common Stock. As a result, the public stockholders will not be able to exert meaningful influence over the outcome of the proposals presented at the Goldenstone Special Meeting. Approval by the Sponsor of the Business Combination Proposal, the Charter Proposal, the Governance Proposals, the Incentive Equity Plan Proposal and the Goldenstone Adjournment Proposal would be sufficient to approve such proposals. You must tender your Public Shares in order to validly seek redemption at the Goldenstone Special Meeting of stockholders. In connection with tendering your Public Shares for redemption, you must elect either to physically tender your share certificates to Continental or to deliver your Public Shares to Continental electronically using D