Company: GDSTR
Filing Date: 2025-07-18
Form Type: S-4/A
Source: 0001213900-25-065671
Chunk: 51

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-07-18
Form: S-4/A
Chunk 51
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 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) will bring significant market opportunities for the company’s long -termgrowth. Background of the Business Combination On March17, 2022, Goldenstone consummated its IPO. Upon the consummation of the IPO, Goldenstone’s management team commenced an active search for prospective businesses to acquire in its initial business combination. During this search process, Goldenstone evaluated approximately 30 business combination opportunities across a broad range of sectors including medical, pharmaceutical, auto, EV, green energy/battery, robotics, etc. These targets represented opportunities in North America and Asia. After careful consideration, Goldenstone concluded that Infintium was the best fit for their strategic goals. On January12, 2024, a Letter of Intent (LOI) was signed with Infintium, The parties conducted due diligence and negotiated the terms of the Business Combination Agreement. The deal was publicly announced on June26, 2024, coinciding with the signing of the Business Combination Agreement. The Business Combination Agreement On June 26, 2024, Goldenstone entered into the Business Combination Agreement with Infintium, Merger Sub, and Yan (Chris) Feng, solely in his capacity as representative, agent and attorney -in-factof the Infintium Securityholders (the “Securityholder Representative,” and, together with Infintium, Goldenstone and Merger Sub, the “Parties”), pursuant to which Merger Sub will merge with and into Infintium (the “Business Combination”), with Infintium surviving the Merger as a wholly -ownedsubsidiary of Goldenstone. In connection with the Business Combination, Goldenstone will change its name to “Infintium Fuel Cell Systems Holdings, Inc.” The board of directors of Goldenstone has unanimously (i) approved and declared advisable the Agreement, the Business Combination and the other transactions contemplated by the Agreement and (ii) resolved to recommend approval of the Agreement and related matters by the stockholders of Goldenstone once the Registration Statement has been declared effective. Capitalized terms used herein but not otherwise defined have the meanings set forth in the Agreement. Treatment of Infintium Securities Common Stock.At the effective time of the Business Combination (the “Effective Time”), each share of the Class A common stock, par value $0.0001 per share, of Infintium