Company: GDSTR
Filing Date: 2025-01-30
Form Type: S-4
Source: 0001213900-25-008051
Chunk: 125

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-01-30
Form: S-4
Chunk 125
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 did it attempt to, quantify or otherwise assign relative weights to the specific factors it took into account in reaching its decision. Individual members of the Goldenstone Board may have given different weight to different factors. Certain information presented in this section, is forward -lookingin nature and, therefore, should be read in light of the factors discussed under “ Cautionary Note Regarding Forward -Looking Statements.” Before reaching its decision to approve the transaction and the Business Combination Agreement, the Goldenstone Board reviewed the results of the due diligence conducted by its management, the Sponsor, and Goldenstone’s advisors, which included: •Extensive meetings and calls with the management team and advisors of Infintium regarding, among other things, operations and forecasts; •The opinion of EntrepreneurShares Valuation Services as to the valuation range for Infintium and EntrepreneurShares’ opinion as to the fairness from a financial point of view of the consideration to be given to the stockholders of Infintium; •Review of material contracts and other material matters; •Financial, tax, legal, insurance, accounting, operational, business and other due diligence; •Consultation with Goldenstone’s management and its legal counsel and financial advisors; •Review of historical financial performance of Infintium and Infintium’s management projections for its business; and •Financial and valuation analyses of Infintium and the Business Combination. 57 The officers and directors of Goldenstone have substantial experience in evaluating the operating and financial merits of companies from a wide range of industries and concluded that their experience and background, enabled such officers and directors of Goldenstone to make the necessary analyses and determinations regarding the Business Combination. The Goldenstone Board also considered a variety of uncertainties and risk and other potentially negative factors concerning the Business Combination including, but not limited to, the following: • Development Stage Company.Target’s status as a growth stage company, and the risk that it may not be able to execute on its business plan; • Macro -economic Risks.Macro -economicuncertainty and the effects it could have on the Combined Company’s revenues; • Redemption Risk.The potential that a significant number of Goldenstone’s stockholders elect to redeem their shares prior to the consummation of the Business Combination and pursuant to Goldenstone’s existing charter, which would potentially make the Business Combination more difficult or impossible to complete, and/or reduce the amount of cash available to the Combined Company following the Closing; • Stockholder Vote.The risk that Goldenstone’s or Target’s stockholders may fail to provide the respective votes necessary to effect the Business