Company: GDSTR
Filing Date: 2025-05-14
Form Type: S-4/A
Source: 0001213900-25-043297
Chunk: 363

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-05-14
Form: S-4/A
Chunk 363
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2023    |     | $ |  59,544,769 |   |
| Redemption of common stock                                     |     |   |  (8,157,801 | ) |
| Plus:                                                          |     |   |             |   |
| Subsequent accretion of carrying value to redemption value     |     |   |   4,039,650 |   |
| Common stock subject to possible redemption, March 31, 2024    |     |   |  55,426,618 |   |
| Redemption of common stock                                     |     |   | (38,044,345 | ) |
| Plus:                                                          |     |   |             |   |
| Subsequent accretion of carrying value to redemption value     |     |   |   1,423,955 |   |
| Common stock subject to possible redemption, December 31, 2024 |     | $ |  18,806,228 |   |

NOTE 5 — PRIVATE PLACEMENT Simultaneously with the closing of the Initial Public Offering, the Company completed the private sale of 351,250units (the “Private Units”) to the Sponsor, Ray Chen, our former Chief Financial Officer, and Yongsheng Liu, our former Chief Operating Officer, each through their respective affiliated entities. Each Private Unit consists of oneshare of common stock, onewarrant (“Private Warrant”) and oneright (each, a “Private Right”). Each Private Warrant entitles the holder to purchase one -halfof one share of common stock at an exercise price of $ 11.50per whole share. Each Private Right entitles the holder to receive one -tenthof one share of common stock at the closing of a Business

F-43 GOLDENSTONE ACQUISITION LIMITED
NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
DECEMBER 31, 2024 NOTE 5 — PRIVATE PLACEMENT (cont.) Combination. The Private Units were sold at a purchase price of $ 10.00per Private Unit, generating gross proceeds to the Company of $ 3,512,500. The Private Units are identical to the Public Units sold in the Initial Public Offering, except that the holders of the Private Units have agreed not to transfer, assign or sell any of the Private Units and the underlying securities (except to certain permitted transferees) until the completion of the Company’s initial Business Combination. NOTE