Company: GDSTR
Filing Date: 2025-06-16
Form Type: 10-K
Source: 0001213900-25-054825
Chunk: 89

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-06-16
Form: 10-K
Item: Item 1
Chunk 89
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 Acquisition
Corp., a Delaware corporation (“Merger Sub 2”) and wholly-owned subsidiary of the Registrant, and Yan (Chris) Feng, solely
in his capacity as representative, agent and attorney-in-fact of Infintium Securityholders (the “Securityholder Representative,”
and, together with Infintium, the Company, Merger Sub, the “Parties”), pursuant to which Merger Sub 2 will merge with and
into Infintium (the “Merger”), with Infintium surviving the Merger as a wholly-owned subsidiary of the Company. In connection
with the Merger, the Company will change its name to “Infintium Fuel Cell Systems Holdings, Inc.” The board of directors
of the Company has unanimously (i) approved and declared advisable the Agreement, the Merger and the other transactions contemplated
by the Agreement and (ii) resolved to recommend approval of the Agreement and related matters by the stockholders of the Registrant once
the Registration Statement has been declared effective. The Company filed its initial Form S-4 Registrant Statement on January 30, 2025
and filed two amendments to the Form S-4 on April 24, 2025 and May 14, 2025, however, there is no assurance that the Registration Statement
will be declared effective or that the Business Combination will be completed.

Extension
of the Deadline to Complete an Initial Business Combination

Pursuant
to the terms of our Amended and Restated Certificate of Incorporation and the Investment Management Trust Agreement between the Company
and Continental Stock Transfer & Trust Company, LLC (“Continental”), the Company may elect to extend the time available
to consummate its initial business combination, provided that its sponsor or its affiliates or designees must, upon ten days advance
notice prior to the applicable deadline, deposit $575,000 into the Trust Account ($0.10 per share) on or prior to the date of the applicable
deadline, for each three month extension (or up to an aggregate of $1,725,000, or $0.30 per share if we extend for the full nine months)
ten days advance notice prior to the applicable deadline.

On
March 14, 2023, the Company announced that it had extended the period of time by which it may complete an initial business combination
by an additional three months (the “Extension”). In accordance with its amended and restated certificate of incorporation,
a deposit of $575,000 was made into the