Company: GDSTR
Filing Date: 2025-07-18
Form Type: S-4/A
Source: 0001213900-25-065671
Chunk: 145

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-07-18
Form: S-4/A
Chunk 145
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 Goldenstone, its stockholders (including the Sponsor) and affiliates would stand to benefit more than in the Business Combination with Infintium. |

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| Stakeholder                              |     | Benefits                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |     | Detriments                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
| Unaffiliated Stockholders of Goldenstone |     | Failure to complete a business combination would result in Goldenstone and the Trust Account being liquidated, in which case Goldenstone public stockholders would receive their pro rata portion of the Trust Account. If the market was to recognize the valuation and potential of the Combined Company, the stock price may increase from the Trust Account amount per share of approximately $[    ] as of [    ], 2025.                                                                                                                                                                                  |     | For non-redeeming Goldenstone public stockholders, there is a risk that the market will not support the valuation of the Combined Company either as a result of a general market downturn or risks specific to the Combined Company. In this case, the stock price may be reasonably expected to trade below the Trust Account amount per share of approximately $[    ] as of [    ], 2025. If this scenario were to materialize, the Goldenstone public stockholders would have been better off redeeming their Goldenstone Public Shares than holding their Goldenstone Public Shares following the Closing. |
| Infintium                                |     | The Business Combination represents the opportunity for Infintium to become a publicly traded company while maintaining Infintium’s mission and bitcoin treasury strategy. Becoming a publicly traded company as a result of the Business Combination would provide the Combined Company with enhanced access to capital to facilitate its growth, as well as greater liquidity to Infintium’s stockholders. The Business Combination is conditioned on the receipt of approval for listing on Nasdaq of the shares of Combined Company Common Stock to be issued in connection with the Business Combination. |     | The potential detriments to Infintium and its affiliates are the increased costs and difficulty of operating as a public company and the dilution of their ownership stake in Infintium as a result of the Business Combination.                                                                                                                                                                                                                                                                                                                                                                                |

Goldenstone’s Board of Directors’ Reasons for the Approval of the Business Combination As described under “ Background of the Business Combination” above, in evaluating the Business Combination, the Goldenstone Board consulted with Goldenstone’s management and financial and legal advisors. In reaching its unanimous decision to approve the Business Combination Agreement and the transactions contemplated by the Business Combination Agreement, considered a range of factors, including but not