Company: GDSTR
Filing Date: 2025-06-16
Form Type: 10-K
Source: 0001213900-25-054825
Chunk: 257

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-06-16
Form: 10-K
Item: Item 1B
Chunk 257
---
following table summarizes the relevant pre-existing fiduciary or contractual obligations of our officers and directors:

    Name
    of Individual
     
    Name
    of Affiliated Company
     
    Affiliation
     
    Priority/Preference
    relative to 
    Goldenstone Acquisition Limited
  
    Eddie Ni
     
    Windfall Group
     
    Chief Executive Officer and Chairman
     
    Windfall Group
  
    Jonathan McKeage
     
    American Education Center, Inc.
     
    Chief Executive Officer
     
    American Education Center, Inc.
  
    Nan Sun
     
    H-Bar Continuous Cast Iron Corp
     
    General Manager
     
    H-Bar Continuous Cast Iron Corp

Potential
investors should also be aware of the following other potential conflicts of interest:

    ●
    None of our officers or
    directors is required to commit his or her full time to our affairs and, accordingly, may have conflicts of interest in allocating
    his or her time among various business activities.

    ●
    Our sponsors, executive
    officers and directors have agreed to waive their redemption rights with respect to their founder shares and any public shares they
    hold in connection with the consummation of our initial business combination. Additionally, our sponsors, executive officers and
    directors have agreed to waive their redemption rights with respect to their founder shares if we fail to consummate our initial
    business combination within 15 months after the closing of the IPO, although they will be entitled to liquidating distributions from
    the Trust Account with respect to any public shares they hold. If we do not complete our initial business combination within such
    applicable time period, the proceeds of the sale of the private placement units will be used to fund the redemption of our public
    shares, and the private placement units will expire worthless. With certain limited exceptions, the founder shares will not be transferable,
    assignable or salable by our initial stockholders until the earlier of (1) one year after the completion of our initial business
    combination and (2) the date on which we consummate a liquidation, merger, capital stock exchange, reorganization, or other similar
    transaction after our initial business combination that results in all of our stockholders having the right to exchange their shares
    of common stock for cash, securities or other property. Notwithstanding the foregoing, if the last sale price of our common stock
    equals or exceeds $18.00 per share (