Company: GDSTR
Filing Date: 2025-01-30
Form Type: S-4
Source: 0001213900-25-008051
Chunk: 317

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-01-30
Form: S-4
Chunk 317
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 or geographic region for purposes of consummating a Business Combination. On June 2, 2022, Goldenstone Merger Sub, Inc. (“Merger Sub 1”) was incorporated in the state of Delaware as a corporation and is wholly -ownedby the Company. Merger Sub 1 was formed in connection with the execution of a business combination agreement that was subsequently terminated. It has not conducted any activities and is inactive. On June 20, 2024, Pacifica Acquisition Corp (“Merger Sub 2”) was incorporated in the state of Delaware as a corporation and is wholly -ownedby the Company. Merger Sub 2 was formed in connection with the execution of a business combination agreement. It has not conducted any activities and is inactive. The Company has selected March 31 as its fiscal year end. As of September 30, 2024 and March 31, 2024, the Company had not commenced any operations. For the period from September 9, 2020 (inception) to September 30, 2024, the Company’s efforts have been limited to organizational activities as well as activities related to the Initial Public Offering (as defined below) and to consummate a Business Combination. The Company will not generate any operating revenues until after the completion of a Business Combination, at the earliest. The Company will generate non -operatingincome in the form of interest income from the proceeds derived from the Initial Public Offering. On March 21, 2022, the Company closed its initial public offering of 5,750,000units, which includes the full exercise of the underwriters’ over -allotmentoption. The units were sold at a price of $ 10.00per unit, resulting in total gross proceeds of $ 57,500,000. Each unit consists of oneshare of common stock, oneredeemable warrant and oneright to receive one -tenth(1/10) of oneshare of common stock. Each redeemable warrant entitles the holder thereof to purchase one -half(1/2) of oneshare of common stock, and each ten (10) rights entitle the holder thereof to receive one share of common stock at the closing of a Business Combination. The exercise price of the warrants is $ 11.50per full share. Simultaneously with the closing of the Initial Public Offering, the Company completed the private sale of 351,250units (the “Private Units”) to the Sponsor