Company: GDSTR
Filing Date: 2025-06-16
Form Type: 10-K
Source: 0001213900-25-054825
Chunk: 133

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-06-16
Form: 10-K
Item: Item 1A
Chunk 133
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 treaties
between China and the country where the judgment is made or on principles of reciprocity between jurisdictions. At present, China does
not have any treaties or other forms of written arrangement with the U.S. that provide for the reciprocal recognition and enforcement
of foreign judgments. In addition, according to the PRC Civil Procedures Law, the PRC courts will not enforce a foreign judgment
against us or our directors and officers if they decide that the judgment violates the basic principles of PRC laws or national sovereignty,
security, or public interest. As a result, there is no guarantee that a PRC court would enforce a judgment rendered by a court in the
U.S.

It
will be difficult for you or overseas regulators to conduct investigations or collect evidence within China. Although the authorities
in China may establish a regulatory cooperation mechanism with its counterparts of another country or region to monitor and oversee cross-border
securities activities, such regulatory cooperation with the securities regulatory authorities in the United States may not be efficient
in the absence of a practical cooperation mechanism. Furthermore, according to Article 177 of the PRC Securities Law, or “Article
177,” which became effective in March 2020, no overseas securities regulator is allowed to directly conduct investigations or evidence
collection activities within the territory of the PRC. Article 177 further provides that Chinese entities and individuals are not allowed
to provide documents or materials related to securities business activities to foreign agencies without prior consent from the securities
regulatory authority of the State Council and the competent departments of the State Council.

14

We
may not be able to complete an initial business combination with a U.S. target company since such initial business combination may be
subject to U.S. foreign investment regulations and review by a U.S. government entity such as the Committee on Foreign Investment in
the United States (“CFIUS”), or ultimately prohibited.

Our
board of directors consists of five members. All but one of our directors is a citizen of the United States. In addition, two members
of Goldenstone Capital LLC, one of our sponsor entities, are foreign persons. In addition, we have not yet entered into an agreement
for our initial business combination. Therefore, we do not know whether the target or the nature of its business could make the transaction
subject to U.S. foreign regulations or review by a U.S. government entity. As a result, it is possible that the Business Combination
may be subject to a CFIUS review, the scope of which was expanded by