Company: GDSTR
Filing Date: 2025-04-24
Form Type: S-4/A
Source: 0001213900-25-034782
Chunk: 146

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-04-24
Form: S-4/A
Chunk 146
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 New Infintium Common Stock, payable under the terms of the Letter of Intent (“LOI”) dated January 12, 2024 is fair, from a financial point of view, to the stockholders of Goldenstone other than the Sponsor, any of its affiliates and any other holder of Goldenstone Founder Shares. The consideration to be paid in the Business Combination was determined by Goldenstone. The Board has not obtained nor will it obtain an additional updated fairness opinion prior to the Closing that takes into account any changes in the operations and prospects of Infintium, general market and economic conditions and other factors that may be beyond the control of Goldenstone and Infintium, and on which the fairness opinion was based, may alter the value of Goldenstone or Infintium or the price of the Goldenstone Common Stock by the time the Business Combination is completed. The fairness opinion does not speak to any date other than the date of such opinion, and as such, the opinion will not address the fairness of the Merger Consideration, from a financial point of view, at any date after the date of such opinion, including at the time the Business Combination is completed. 68 In selecting EntrepreneurShares to provide a fairness opinion, Goldenstone considered, among other factors, EntrepreneurShares’ qualifications, experience, fees, required time to prepare its report, and reputation., including their unique academic qualifications as tenured professors at the top ranked entrepreneurship program, leading asset manager in the global entrepreneurial venture community, frequent guest appearances as valuation experts in leading media stations such as CNBC, Fox Business & Bloomberg and the fact that EntrepreneurShares is regularly engaged in the valuation of businesses and their securities and the provision of fairness opinions in connection with business combination transactions. EntrepreneurShares received a fixed fee of $75,000 and was not contingent upon the outcome of the Fairness opinion or closing of the transaction. No material relationships existed between EntrepreneurShares and Goldenstone for the previous two years. The full text of EntrepreneurShares’ written opinion dated June 21, 2024, which sets forth, among other things, the procedures followed, assumptions made, matters considered, and qualifications and limitations on the scope of review undertaken in rendering its opinion is incorporated by reference in its entirety into this registration/proxy statement. EntrepreneurShares’ opinion was addressed to, and provided for the information and benefit of, the board of directors of Goldenstone (the “Goldenstone Board”) in connection with their evaluation of the Business Combination. The opinion confirmed that, the consideration to be issued, paid or exchanged