Company: GDSTR
Filing Date: 2025-11-19
Form Type: 10-Q
Source: 0001213900-25-112608
Chunk: 120

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-11-19
Form: 10-Q
Item: Item 8
Chunk 120
---
 three months (the “Extension”).
In accordance with its amended and restated certificate of incorporation, a deposit of $575,000 was made into the Trust Account established
at the time of the Company’s initial public offering for the benefit of the public stockholders. Pursuant to the Extension, the
new deadline for completion of an initial business combination was extended to June 21, 2023.  

On June 20, 2023, the Company announced that it
had extended the period of time by which it may complete an initial business combination by an additional three months (the “Second
Extension”). In accordance with its amended and restated certificate of incorporation, on June 14, 2023, a deposit of $575,000 was
made into to the Trust Account established at the time of the Company’s initial public offering for the benefit of the public stockholders.
Pursuant to the Second Extension, the new deadline for completion of an initial business combination was September 21, 2023.

On September 21, 2023, the Company’s stockholders
approved the amendment to the Company’s Amended and Restated Certificate of Incorporation to extend the date by which the Company
has to consummate a business combination up to nine (9) times (the “Third Extension”), each such extension for an additional
one (1) month period (each an “Extension”), from September 21, 2023 to June 21, 2024 (such date actually extended being referred
to as the “Extended Termination Date”). The Company’s stockholders also approved an amendment to the Investment Management
Trust Agreement, dated March 16, 2022 by and between the Company and Continental Stock Transfer & Trust Company, to provide that the
time for the Company to complete its initial business combination (the “Business Combination Period”) under the Trust Agreement
from September 21, 2023 to June 21, 2024 (the “Trust Amendment”) provided that the Company deposits into the Trust Account
established in connection with the Company’s initial public offering (the “Trust Account”) the sum of $100,000 for each
one month extended. In addition, the Company’s stockholders approved an amendment (the “NTA Amendment”) to Article Sixth,
Paragraph D of the Charter to remove the net tangible asset requirement (the “NTA Requirement”) to no longer require that
the Company will not consummate any business combination unless it (i) has net