Company: GDSTR
Filing Date: 2025-06-20
Form Type: S-4/A
Source: 0001213900-25-055744
Chunk: 266

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-06-20
Form: S-4/A
Chunk 266
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.0001 par value to Infintium’s stockholders and (b) the consideration of the issuance of 1,500,000 Earnout shares of Goldenstone common stock, subject to the vesting schedule set forth in the Merger Agreement, deemed to be as equity instruments in accordance with ASC 815; and (K)In Scenario1, reflects the reclassification of 1,595,871shares of Goldenstone common stock subject to possible redemption to permanent equity at $0.0001 par value with no redemptions. In Scenario2, which assumes the same facts as described in Items A through J above, but reflects the assumption that the maximum number of 1,331,817 shares of Goldenstone common stock are redeemed for cash by Goldenstone stockholders to satisfy the $5.0 million cash balance of closing condition. Scenario 2 requires a $5.0million senior secured convertible note financing for the Business Combination to occur. 145

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 three months ended March31, 2025 and 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 1,331,817 shares of Goldenstone common stock redeemed for cash by Goldenstone shareholders for the entire period; and (CC) Reflects the approximately $0.5 million of Goldenstone’s transaction costs to be incurred subsequent to March 31, 2025. This is a non -recurringitem. 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