Company: GDSTR
Filing Date: 2025-08-05
Form Type: S-4/A
Source: 0001213900-25-071731
Chunk: 155

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-08-05
Form: S-4/A
Chunk 155
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2024, which sets forth, among other things, the procedures followed, assumptions made, matters considered, and qualifications and limitations on the scope of review undertaken in rendering its opinion is incorporated by reference in its entirety into this registration/proxy statement. EntrepreneurShares’ opinion was addressed to, and provided for the information and benefit of, the board of directors of Goldenstone (the “Goldenstone Board”) in connection with their evaluation of the Business Combination. The opinion confirmed that, the consideration to be issued, paid or exchanged to Infintium’s stockholders in the Business Combination is fair from a financial point of view to the Goldenstone stockholders. The opinion does not constitute a recommendation to the relevant officers of Goldenstone or to any other persons in respect of the Business Combination, including as to how any stockholder of Goldenstone should vote or act in respect of the Proposed Business Combination. EntrepreneurShares’ opinion does not address the relative merits of the Proposed Business Combination as compared to other business or financial strategies that might be available to Goldenstone, nor does it address the underlying business decision of Goldenstone to engage in the Business Combination. In connection with rendering its opinion, EntrepreneurShares had, among other things: •The financial terms and conditions of the proposed Business Combination set forth in the LOI. •Financial forecasts provided by the management of Infintium (the “Management”); •Certain guideline public companies and precedent transactions recommended by Management as having attributes similar to aspects of the Business Line that Infintium is pursuing; •Other publicly available industry information (i.e., various equity analyst reports, macroeconomic reports, and public information about guideline companies), information available from the virtual data room and relevant market data from databases such as Capital IQ; •Confirmatory discussions with Management regarding Infintium’s Business Lines and key assumptions and risks associated with Infintium’s business plans thereof, including working capital and capital expenditure assumptions; and •Confirmatory discussions with Management on appropriate unit economics and key metrics associated with the Company’s Business Lines. 70 For purposes of its analysis and opinion, EntrepreneurShares assumed and relied upon the accuracy and completeness of the financial and other information publicly available, and all of the information supplied or otherwise made available to, discussed with, or reviewed by EntrepreneurShares, without any independent verification of such information (and assumed no responsibility or liability for any independent verification of such information) and further relied upon the assurances of the Management of Goldenstone that they were not aware of any facts or circumstances that would make such information inaccurate or misleading. With respect