Company: GDSTR
Filing Date: 2025-05-23
Form Type: PRE 14A
Source: 0001213900-25-047384
Chunk: 12

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-05-23
Form: PRE 14A
Chunk 12
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 September 21, 2023 to June 21, 2024, provided that the Company deposits into the trust the sum of $100,000 for each one month extension. On June 18, 2024, the Charter and the Trust Agreement were amended again to extend the date by which the Company has to consummate a business combination up to twelve (12) times, each such extension for an additional one (1) month period, from June 21, 2024 to June 21, 2025, provided that the Company deposits into the trust the sum of $50,000 for each one month extension. As of the date of this proxy statement, the Company has extended the Business Combination Period to its current expiration of June 21, 2025. On June 26, 2024, the Company entered into a Business Combination Agreement (as amended, the “BCA”) with Infintium Fuel Cell Systems, Inc., a Delaware corporation (the “Infintium”), Pacifica Acquisition Corp., a Delaware corporation (“Merger Sub”) and wholly -ownedsubsidiary of the Company, and Yan (Chris) Feng, solely in his capacity as representative, agent and attorney -in -factof the Infintium Securityholders (the “Securityholder Representative,” and, together with the Company, Infintium, Merger Sub, the “Parties”). Pursuant to the BCA, Merger Sub will merge with and into Infintium (the “Merger”), with Infintium surviving the Merger as a wholly -ownedsubsidiary of the Company. In connection with the Merger, the Company will change its name to “Infintium Fuel Cell Systems Holdings, Inc.” The purpose of the Third Extension Amendment Proposal and Third Trust Amendment Proposal is to allow the Company an option to further extend the time to complete a Business Combination. Without the Third Extension Amendment and the Third Trust Amendment, the Company believes that it will not be able to complete a Business Combination on or before June 21, 2025. The Company’s Board has determined that it is in the best interests of Goldenstone to seek an extension of the Termination Date and have the Company’s stockholders approve the Third Extension Amendment Proposal and Third Trust Amendment Proposal because the Company will be required to dissolve if the Third Extension Amendment Proposal is not approved and the currently required extension payments are not made. If the Board otherwise determines that the Company will not be able to consummate an initial business combination on or before