Company: GDSTR
Filing Date: 2025-06-20
Form Type: S-4/A
Source: 0001213900-25-055744
Chunk: 223

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-06-20
Form: S-4/A
Chunk 223
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 provide more vertically integrated and expansive product and service portfolios, which might include other HFC applications as well as hydrogen production, transportation and storage and which might dilute management attention and require far more resources to support. Infintium believes that its strategic focus enables it to better address the unique needs of each of its customers and provide more timely and tailored services. Business Strategy and Growth Initiatives Infintium’s immediate growth strategy is focused on leveraging its proven HFC technology, customer relationships, and manufacturing capabilities to expand its market share in the HFC lift truck segment that is emerging rapidly in the U.S. Infintium aims to expand its market share and sales first through increasing penetration and sales to its existing customers, including its partners in lift truck manufacturing, distribution, wholesale and HFC services, as well as direct, large end users. Infintium is targeting new customers in the automotive, industrial, logistics, and retail distribution companies, and it also plans to expand geographically into non -U.S. markets, notably Canada, Central and South America, followed by Middle East and Europe. Infintium believes that its combined strategy to first focus on increasing its market share in the U.S. material handling or industrial vehicle market as a qualified, reliable and attractive HFC supplier and to leverage its HFC knowhow and technology to enter segments outside of material handling, such as light and heavy -dutycommercial trucks, distributed energy and energy storage markets, brings significant market opportunities for its long -termgrowth. ____________ 1 https://www.precedenceresearch.com/hydrogen -fuel-cells-market 115 MANAGEMENT’S DISCUSSION AND ANALYSIS OF
FINANCIAL CONDITION AND RESULTS OF OPERATIONS OF GOLDENSTONE The following discussion and analysis of Goldenstone’s financial condition and results of operations should be read in conjunction with our audited financial statements and the notes related thereto which are included elsewhere in this proxy statement/prospectus. Certain information contained in the discussion and analysis set forth below includes forward -looking statements. Our actual results may differ materially from those anticipated in these forward -looking statements as a result of many factors, including those set forth under “Cautionary Note Regarding Forward -Looking Statements.” Unless the context otherwise requires, all references in this section to the “Company,” “we,” “us,” or “our” refer to Goldenstone Acquisition Limited. Overview We are a blank check company incorporated on September 9, 2020 as a Delaware corporation and formed for the purpose of effecting a merger