Company: GDSTR
Filing Date: 2025-04-24
Form Type: S-4/A
Source: 0001213900-25-034782
Chunk: 312

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-04-24
Form: S-4/A
Chunk 312
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 (loss) is calculated using the total net loss less any dividends paid. The Company then allocated the undistributed income (loss) ratably based on the weighted average number of shares outstanding between the redeemable and non -redeemableCommon Stock. Any remeasurement of the accretion to redemption value of the Common Stock subject to possible redemption was considered to be dividends paid to the public stockholders. For the years ended March 31, 2024 and 2023, the Company has not considered the effect of a) the Public and Private Warrants sold in the Initial Public Offering to purchase an aggregate of 6,101,250shares, b) the Public and Private Rights that will automatically convert into an aggregate of 610,125shares upon consummation of its initial Business Combination, and c) the Unit Purchase Option (“UPO”) to purchase up to 270,250Units, which include option to purchase 270,250shares, option to purchase an aggregate of 270,250shares from the exercise of warrants, and 27,025shares automatically converted from the 270,250rights upon consummation of its initial Business Combination, in the calculation of diluted net income (loss) per share, since the exercise of the Public and Private Warrants, the effect of the Public and Private Rights, and the exercise of the UPO are contingent upon the occurrence of future events and the inclusion of these financial securities would be anti -dilutiveand the Company did not have any other dilutive securities and other contracts that could, potentially, be exercised or converted into Common Stock and then share in the earnings of the Company. As a result, diluted income (loss) per share is the same as basic (income) loss per share for the period presented. F-16

GOLDENSTONE ACQUISITION LIMITED
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS NOTE 2 — SIGNIFICANT ACCOUNTING POLICIES (cont.)

The net income (loss) per share presented in the statement of operations is based on the following:

|                                                                             |     |   |    For the 
 Year Ended 
  March 31, 
       2024 |   |     |   |     For the 
  Year Ended 
   March 31, 
        2023 |   |
|:----------------------------------------------------------------------------|:----|:--|-----------:|:--|:----|:--|------------:|:--|
| Net income                                                                  |     | $ |