Company: GDSTR
Filing Date: 2025-06-05
Form Type: DEF 14A
Source: 0001213900-25-051563
Chunk: 15

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-06-05
Form: DEF 14A
Chunk 15
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 Company to pay franchise and income taxes, divided by the number of then outstanding Public Shares, regardless of whether such public stockholders vote “FOR” or “AGAINST” the Third Extension Amendment Proposal, the Third Trust Amendment Proposal, and the Adjournment Proposal, and an Election can also be made by public stockholders who do not vote, or do not instruct their broker or bank how to vote, at the Special Meeting. Public stockholders may make an Election regardless of whether such public stockholders were holders as of the Record Date. If the Third Extension Amendment Proposal, the Third Trust Amendment Proposal are approved by the requisite vote of stockholders, the remaining holders of Public Shares will retain their right to redeem their Public Shares when the Business Combination is submitted to the stockholders, subject to any limitations set forth in the Charter, as amended by the Third Extension Amendment (as long as their election is made at least two (2) business days prior to the meeting at which the stockholders’ vote is sought). Each redemption of shares by our public stockholders will decrease the amount in the Trust Account, which held approximately $18,847,241 of marketable securities as of May31, 2025. In addition, public stockholders who do not make the Election would be entitled to have their shares redeemed for cash if the Company has not completed a business combination by the Extended Date. The closing price of the Company’s common stock on the Record Date was $11.90. The Company cannot assure stockholders that they will be able to sell their shares of the Company’s common stock in the open market, even if the market price per share is higher than the redemption price stated above, as there may not be sufficient liquidity in its securities when such stockholders wish to sell their shares. The Sponsor and our officers and directors hold the right to vote over an aggregate of 1,788,750shares of common stock which include 1,437,500shares of our common stock, which we refer to as the “ Founder Shares”, that were issued prior to the IPO and 351,250shares of common stock that make up part of the units, which we refer to as the “ Private Placement Units”, that were purchased by the Sponsor in a private placement that occurred simultaneously with the completion of the IPO. To exercise your redemption rights, you must tender your shares to the Company’s transfer agent at least two business days prior to the Special Meeting (or June 16 , 2025). You may tender your shares by either delivering your share