Company: GDSTR
Filing Date: 2025-04-24
Form Type: S-4/A
Source: 0001213900-25-034782
Chunk: 251

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-04-24
Form: S-4/A
Chunk 251
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 and other transaction effects that have occurred or are reasonably expected to occur ( “Management’s Adjustments”). New Infintium has elected not to present Management’s Adjustments and will only be presenting Transaction Accounting Adjustments in the following unaudited pro forma condensed combined financial information. Transaction Accounting Adjustments to Unaudited Pro Forma Condensed Combined Balance Sheet The transaction accounting adjustments included in the unaudited pro forma condensed combined balance sheet as of December31, 2024 are as follows: (A)Reflects the reclassification of cash held in the Trust Account and the transfer from the Trust Account to the operating accounting of the Combined Company that becomes available for general use following the Business Combination; (B)Reflects the settlement of $2,012,500 deferred underwriting discounts and commissions that becomes due and payable upon the consummation of the Business Combination, of which, 1) $150,000 paid in cash, 2) 350,000shares of Goldenstone common stock issued at $10.00 per share with a fair value of $3,500,000 and 3) the recognition of the stock compensation expenses of $1,637,500 and the transfer of Goldenstone’s historical accumulated deficit of Goldenstone, the accounting acquiree, into Infintium’s additional paid -incapital upon the consummation of the Business Combination; (C)Reflects the elimination of the historical accumulated deficit of Goldenstone, the accounting acquiree, into Infintium’s additional paid -incapital upon the consummation of the Business Combination and reflects the issuance of 610,125shares of Goldenstone common stock at $0.0001 par value from the conversion of 6,101,250 rights upon consummation of a Business Combination. (D)Reflects the settlement of approximately $1.3 million of total Goldenstone’s estimated transaction costs related to the Business Combination, of which, 1) approximately $0.7 million of transaction costs accrued as of the date of the unaudited pro forma condensed combined balance sheet and 2) approximately $0.6 million of transaction costs classified as an adjustment to Goldenstone’s accumulated deficit and subsequently reclassify to the Combined Company’s additional paid -incapital at the time of the consummation of the Business Combination; (E)Reflects the settlement of approximately $0.7 million of total Infintium’s estimated transaction costs related to the Business Combination, of which, 1) approximately $50,