Company: GDSTR
Filing Date: 2025-06-16
Form Type: 10-K
Source: 0001213900-25-054825
Chunk: 1361

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-06-16
Form: 10-K
Item: Item 9B
Chunk 1361
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 country of Ukraine and related
economic sanctions, and conflict between Isreal and Hamas, the Company’s ability to consummate a Business Combination, or the operations
of a target business with which the Company ultimately consummates a Business Combination, may be materially and adversely affected.
In addition, the Company’s ability to consummate a transaction may be dependent on the ability to raise equity and debt financing
which may be impacted by these events, including as a result of increased market volatility, or decreased market liquidity in third-party
financing being unavailable on terms acceptable to the Company or at all. The impact of this action and related sanctions on the world
economy and the specific impact on the Company’s financial position, results of operations and/or ability to consummate a Business
Combination are not yet determinable. The consolidated financial statements do not include any adjustments that might result from the
outcome of this uncertainty.

Registration
Rights

The
holders of the Insider Shares issued and outstanding on the date of this filing, as well as the holders of the Private Units (and all
underlying securities) and any securities our initial stockholders, officers, directors or their affiliates may be issued in payment
of working capital loans made to the Company, will be entitled to registration rights pursuant to an agreement prior to or on the date
of Initial Public Offering. The holders of the majority of the Insider Shares can elect to exercise these registration rights at any
time commencing three months prior to the date on which these shares of common stock are to be released from escrow. The holders of a
majority of the Private Units (and underlying securities) and securities issued in payment of Working Capital Loans (or underlying securities)
or loans to extend our life can elect to exercise these registration rights at any time after the Company consummates a Business Combination.
In addition, the holders have certain “piggy-back” registration rights with respect to registration statements filed subsequent
to the consummation of a Business Combination. The Company will bear the expenses incurred in connection with the filing of any such
registration statements.

Underwriters
Agreement

The
underwriters will be entitled to a deferred fee of 3.5% of the gross proceeds of the Initial Public Offering, or $2,012,500 until the
closing of the Business Combination. The deferred fee can be paid in cash, stock or a combination of both (at the underwriter’s
discretion). Any stock issued as a part of the deferred fee will be issued to the underwriters