Company: GDSTR
Filing Date: 2025-04-24
Form Type: S-4/A
Source: 0001213900-25-034782
Chunk: 561

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-04-24
Form: S-4/A
Chunk 561
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ium, and have assumed, that they have been reasonably prepared on bases reflecting the best currently available estimates and good faith judgements of the management of Infintium as to the future financial performance of Infintium. Given the Company’s nature as a special purpose acquisition company, for purposes of our opinion and with Goldentsone’s consent we have assumed a value of $10.00 per Share in calculating the value of the Common Shares to be issued as the consideration under the agreement, with such $10.00 value being based on Goldenstone’s initial public offering price and Goldenstone’s approximate cash per outstanding Class A Share (excluding, for the avoidance of doubt, the dilutive impact of the Goldenstone Founder Shares, par value 0.0001 per share, (the “Founder Shares” and together with Goldenstone’s Class A Shares and the NewCo Common Shares) or any warrants issued by Goldenstone). In rendering our opinion, we do not express any view or opinion as to what the value of any Goldenstone’s Common shares will be when issued pursuant to the Transaction or the price or range of prices at which any Goldenstone Common Shares or other securities and financial instruments of or relating to Goldenstone may trade or otherwise be transferable at any time before or after announcement or consummation of the transaction. In arriving at our opinion, we have not performed any independent appraisal, or physical inspection, of the assets of the Company. Our analysis does not constitute an examination, review of, or compilation of prospective financial statements in accordance with standards established by the American Institute of Certified Public Accountants (“AICPA”). We do not express an opinion or any other form of assurance on the reasonableness of the underlying assumptions or whether any of the prospective financial statements, if used, are presented in conformity with AICPA presentation guidelines. We have also assumed that neither Goldenstone nor the Company are currently involved in any material transaction other than the Transaction, and those activities undertaken in the ordinary course of conducting their businesses. We are not responsible for conclusions based on erroneous or incomplete information provided to us. Our Opinion is predicated on our assumption that the final executed form of the Business Combination Agreement will not differ in any material respect from the Business Combination Agreement (“BCA”) that the conditions to the Transaction as set forth in the BCA will be satisfied, and that the Transaction will be consummated on a timely basis in the manner contemplated by the BCA. We have also assumed, that, in the course of obtaining the necessary governmental,