Company: GDSTR
Filing Date: 2025-06-20
Form Type: S-4/A
Source: 0001213900-25-055744
Chunk: 332

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-06-20
Form: S-4/A
Chunk 332
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 Company’s consolidated financial statements and related disclosures.

F-18

GOLDENSTONE ACQUISITION LIMITED
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
MARCH 31, 2025 NOTE 2 — SIGNIFICANT ACCOUNTING POLICIES (cont.) Management does not believe that any other recently issued, but not effective, accounting standards, if currently adopted, would have a material effect on the Company’s consolidated financial statements.

NOTE 3 — CASH AND INVESTMENTS HELD IN TRUST ACCOUNT

As of March 31, 2025 and 2024, assets held in the Trust Account were comprised of $ and $, respectively, in cash and money market funds which are invested in U.S. Treasury Securities.

The following table presents information about the Company’s assets that are measured at fair value on a recurring basis at March 31, 2025 and 2024 and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:

|                                                            | Description |   | Level |   |  March 31, 
       2025 |     |   |  March 31, 
       2024 |
|:-----------------------------------------------------------|:------------|--:|:------|:--|-----------:|:----|:--|-----------:|
| Assets:                                                    |             |   |       |   |            |     |   |            |
| Trust Account – U.S. Treasury Securities Money Market Fund |             | 1 |       | $ | 18,666,931 |     | $ | 55,495,253 |

NOTE 4 — 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 one share 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 $