Company: GDSTR
Filing Date: 2025-08-20
Form Type: 10-Q
Source: 0001213900-25-078650
Chunk: 4

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-08-20
Form: 10-Q
Item: Item 1
Chunk 4
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 Income tax payable 
     -  
     149,752 
  
    Franchise tax payable 
     -  
     12,300 
  
    Net Cash Used in Operating Activities 
     (185,468) 
     (199,667)

    Cash Flows from Investing Activities: 

    Cash withdrawn from Trust Account for payment to redeeming stockholders 
     -  
     38,044,345 
  
    Purchase of investment held in Trust Account 
     (150,000) 
     (250,000)
  
    Withdrawal of investment held in Trust Account to pay taxes 
     -  
     653,510 
  
    Net Cash (Used in) Provided by Investing Activities 
     (150,000) 
     38,447,855 

    Cash Flows from Financing Activities: 

    Redemption of common stock 
     -  
     (38,044,345)
  
    Proceeds from working capital and extension loans from related party 
     325,000  
     310,000 
  
    Repayments of working capital loans from related party 
     -  
     (100,000)
  
    Net Cash Provided by (Used in) Financing Activities 
     325,000  
     (37,834,345)

    Net Change in Cash 
     (10,468) 
     413,843 

    Cash at beginning of period 
     14,692  
     30,823 

    Cash at end of period 
    $4,224  
    $444,666 

    Supplemental Cash Flow Information 

    Cash paid for income taxes 
    $-  
    $- 
  
    Cash paid for interest 
    $-  
    $- 

    Supplemental Disclosure of Non-cash Financing Activities 

    Excise tax payable attributable to redemption of common stock 
    $138,937  
    $380,443 
  
    Accretion of subsequent measurement of common stock subject to redemption value 
    $293,996  
    $785,092 
  
    Payables due to redeeming stockholders 
    $13,893,689  
    $- 

The accompanying notes are an integral part of these unaudited condensed
consolidated   financial statements.

4

GOLDENSTONE ACQUISITION LIMITED