Company: GDSTR
Filing Date: 2025-08-05
Form Type: S-4/A
Source: 0001213900-25-071731
Chunk: 196

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-08-05
Form: S-4/A
Chunk 196
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 Goldenstone Public Shares who do not exercise their redemption rights will not be selling, exchanging, or otherwise transferring their Goldenstone Public Shares and should therefore not be subject to any material U.S. federal income tax consequences as a result of the Business Combination. U.S. Federal Income Tax Consequences of the Business Combination to U.S. Holders of Infintium Shares The following is a discussion of the tax consequences of the Business Combination to an owner of Infintium shares who is a U.S. Holder. Shares received on the closing of the merger In connection with the filing of this proxy statement/prospectus, Infintium has received a short -formopinion of its counsel, DHH Law Firm P.C. (“Tax Counsel”), a copy of which is filed as Exhibit 8.1 to the registration statement of which this proxy statement/prospectus forms a part. A long -formtax opinion is not provided; instead, the discussion herein reflects the conclusions of Tax Counsel as stated in its short -formopinion. Subject to the assumptions, qualifications, and limitations described therein, such opinion states that, for U.S. federal income tax purposes, the merger will qualify as a “reorganization” within the meaning of Code Section 368(a). If the merger does qualify as a reorganization then, except as discussed below with respect to the “Earn Out shares”, the consequences of the merger exchange to U.S. Holders are as follows: A U.S. Holder will not recognize gain or loss on the exchange of his Infintium shares for New Infintium Common Stock. The U.S. Holder’s aggregate adjusted tax basis in his shares of New Infintium Common Stock received as a result of the merger will be the same as his aggregate adjusted tax basis in the Infintium shares surrendered in the exchange as of the date of the merger. The U.S. Holder’s holding period in his shares of New Infintium Common Stock received in the exchange will include the period during which he held the Infintium shares surrendered in the exchange. U.S. Holders of compensatory options should consult with their own tax advisors about the tax consequences to them of exchanging their options for options in New Infintium. Earn Out shares Generally, the tax consequences of the receipt of Earn Out shares will be the same as those described above under “Shares received on the closing of the merger.” However, a portion of each Earn Out share will be treated as imputed interest and taxable as interest. Since Earn Out shares will not