Company: GDSTR
Filing Date: 2025-05-14
Form Type: S-4/A
Source: 0001213900-25-043297
Chunk: 256

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-05-14
Form: S-4/A
Chunk 256
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 of closing condition, reduces by potential minimum aggregate principal amount of $3.0 million bridge financing. Scenario 2 requires a $3.0million bridge financing for the Business Combination to occur. Transaction Accounting Adjustments to Unaudited Pro Forma Condensed Combined Statements of Operations The transaction accounting adjustments included in the unaudited pro forma condensed combined statement of operations for the year ended December 31, 2024 are as follows: (AA) Represents an adjustment to eliminate interest earned on investment held in Trust Account, net of income tax effect, as if the Business Combination had been consummated on January 1, 2024, the beginning of the earliest period presented; (BB) The calculation of weighted average shares outstanding for basic and diluted net loss per share assumes that the Business Combination had been consummated on January 1, 2024. In addition, as the Business Combination is being reflected as if it had occurred on this date, the calculation of weighted average shares outstanding for basic and diluted net loss per share assumes that the shares have been outstanding for the entire period presented. In Scenario2, this calculation is retroactively adjusted to eliminate the number of 1,481,315shares of Goldenstone common stock are redeemed for cash by Goldenstone shareholders for the entire period; and (CC) Reflects the approximately $0.6 million of Goldenstone’s transaction costs to be incurred subsequent to December31, 2024. This is a non -recurringitem. 142

Note 4 — Loss per Share Represents the loss per share calculated using the historical weighted average shares outstanding, and the change in number of shares in connection with the Business Combination, assuming the shares were outstanding since the beginning of the earliest period presented in the unaudited pro forma condensed combined statements of operations. As the Business Combination and related transactions are being reflected as if they had occurred at the beginning of the period presented, the calculation of weighted average shares outstanding for basic and diluted loss per share assumes that the shares issuable relating to the Business Combination have been outstanding for the entire period presented. Potentially dilutive securities not considered in weighted average shares outstanding calculations due to the periods having a net loss. Basic and diluted loss per share is computed by dividing pro forma net loss by the weighted average number of the shares of Goldenstone common stock outstanding during the periods. The unaudited pro forma condensed combined loss per share has been prepared assuming no redemptions and assuming maximum redemptions for the year ended December 31, 202