Company: GDSTR
Filing Date: 2025-01-30
Form Type: S-4
Source: 0001213900-25-008051
Chunk: 299

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-01-30
Form: S-4
Chunk 299
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 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.)

|                                                                             |     |   |    For the 
 Year Ended 
  March 31, 
       2024 |   |     |   |     For the 
  Year Ended 
   March 31, 
        2023 |   |
|:----------------------------------------------------------------------------|:----|:--|-----------:|:--|:----|:--|------------:|:--|
| Net income                                                                  |     | $ |  1,596,567 |   |     | $ |     145,511 |   |
| Accretion of redeemable common stock to redemption value                    |     |   | (4,039,650 | ) |     |   | (11,275,688 | ) |
| Net loss including accretion of redeemable common stock to redemption value |     | $ | (2,443,083 | ) |     | $ | (11,130,177 | ) |

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