Company: GDSTR
Filing Date: 2025-05-14
Form Type: S-4/A
Source: 0001213900-25-043297
Chunk: 106

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-05-14
Form: S-4/A
Chunk 106
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 business and cash resources and the ultimate value Goldenstone’s stockholders receive as a result of the Business Combination. The Initial Stockholders who own shares of Common Stock and Private Units will not participate in liquidation distributions and, therefore, they may have a conflict of interest in determining whether the Business Combination is appropriate. As of the Record Date, the Initial Stockholders owned an aggregate of 1,437,500shares of Common Stock and 351,250 Private Units. They have waived their right to redeem any founder shares in connection with a stockholder vote to approve a proposed initial business combination or sell any founder shares to Goldenstone in a tender offer in connection with a proposed initial business combination, or to receive distributions with respect to any founder shares upon the liquidation of the Trust Account if Goldenstone is unable to consummate a business combination. Based on a market price of $12.00 per Unit on January28, 2025, the value of the Units was $4.2million. The Private Units (including underlying securities) and founder shares acquired prior to the IPO will be worthless if Goldenstone does not consummate a business combination. Consequently, our directors’ discretion in identifying and selecting Infintium as a suitable target business may result in a conflict of interest when determining whether the terms, conditions and timing of the Business Combination are appropriate and in Goldenstone’s Public Stockholders’ best interest. Goldenstone is requiring stockholders who wish to redeem their Public Shares in connection with a proposed business combination to comply with specific requirements for redemption that may make it more difficult for them to exercise their redemption rights prior to the deadline for exercising their rights. Goldenstone is requiring stockholders who wish to redeem their Public Shares to either tender their certificates to Continental or to deliver their Public Shares to Continental electronically using the DTC’s DWAC (Deposit/Withdrawal At Custodian) System at least two business days before the Goldenstone Special Meeting. In order to obtain a physical certificate, a stockholder’s broker and/or clearing broker, DTC and Continental will need to act to facilitate this request. It is Goldenstone’s understanding that stockholders should generally allot at least two weeks to obtain physical 41 certificates from Continental. However, because Goldenstone does not have any control over this process or over the brokers or DTC, it may take significantly longer than two weeks to obtain a physical certificate. While Goldenstone has been advised that it takes a short time to deliver Public Shares through the DWAC System, Goldenstone cannot assure you of this fact.