Company: GDSTR
Filing Date: 2025-08-05
Form Type: S-4/A
Source: 0001213900-25-071731
Chunk: 34

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-08-05
Form: S-4/A
Chunk 34
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 lose their entire investment); •the fact that Goldenstone’s officers and directors are not required to, and will not, commit their full time to Goldenstone’s affairs, which may result in a conflict of interest in allocating their time between Goldenstone’s operations and the proposed Business Combination and their other businesses, on the other hand. In addition, certain of Goldenstone’s officers and directors presently have, and any of them in the future may have additional, fiduciary and contractual duties to other entities, and therefore could have conflicts of interest in determining whether to present such business combination opportunity to such entity, subject to their fiduciary duties under Delaware law. Goldenstone does not believe that duties have had any material impact on the identification of companies that may be appropriate acquisition targets; xii •the fact that the $2,976,966 principal balance as of March31, 2025 under the Sponsor Notes will only be repaid if an initial business combination is consummated. The Sponsor loaned additional $100,000 to the Company subsequent to March31, 2025. The Company is intended to repay the Sponsor in full at the close of the Business Combination; •the fact that given the differential in the purchase price that the Sponsor and the other Initial Stockholders paid for the founder shares as compared to the price of the Public Units sold in the IPO, the Sponsor and the other Initial Stockholders may earn a positive rate of return on their investment even if the Common Stock trades below the price initially paid for the Public Units in the IPO and the Public Stockholders experience a negative rate of return following the completion of the Business Combination; •the fact that Sponsor and the other Initial Stockholders have entered into a registration rights agreement, pursuant to which they have registration rights to require Goldenstone to register a sale of any of its securities held by them; •the fact that the Sponsor and the other Initial Stockholders will lose their entire investment in Goldenstone and will not be reimbursed for any out -of-pocketexpenses if an initial business combination is not consummated by June21, 2026 or, if such period is extended, within such extended period; •the continued indemnification of Goldenstone’s directors and officers and the continuation of Goldenstone’s directors’ and officers’ liability insurance after the Business Combination (i.e., a “tail policy”); •the fact that if the Trust Account is liquidated, including in the event SPAC is unable to complete an initial business combination by June21, 2026 or,