Company: GDSTR
Filing Date: 2025-06-05
Form Type: DEF 14A
Source: 0001213900-25-051563
Chunk: 38

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-06-05
Form: DEF 14A
Chunk 38
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 of an additional one month from June 21, 2024 to June 21, 2025 by depositing into the Trust Account the amount of $50,000 for each one -monthextension. The Company and its board of directors have determined that there will not be sufficient time to enter into a business combination agreement, hold a special meeting to obtain the requisite stockholder approval of, and to consummate, an initial business combination before June 21, 2025 (its current termination date) which is the final deadline under the Charter and the Trust Agreement. If the Third Trust Amendment Is Not Approved If the Third Trust Amendment Proposal is not approved, and we do not consummate an initial business combination by June 21, 2025, we will be required to dissolve and liquidate our Trust Account by returning the then remaining funds in such account to the public stockholders. If we are required to liquidate the Company, our investors would not be able to realize the benefits of owning shares in a successor operating business, including the potential appreciation in the value of our shares and warrants following such a transaction, and our warrants and rights would expire worthless. The Company’s initial stockholders have waived their rights to participate in any liquidation distribution with respect to their insider shares. The Company will pay the costs of liquidation from its remaining assets outside of the Trust Account. If the Third Trust Amendment Proposal Is Approved If the Third Extension Amendment Proposal and the Third Trust Amendment Proposal are approved, the amendment to the Trust Agreement in the form of Annex Bhereto will be executed and the Trust Account will not be disbursed except in connection with our completion of the initial business combination or in connection with our liquidation if we do not complete an initial business combination by the Extended Date. Our public shareholders will have the right to elect a redemption of their public shares. The Company will then continue to attempt to consummate an initial business combination until the Extended Date or until the Company’s Board of Directors determines in its sole discretion that it will not be able to consummate an initial business combination by the Extended Date as described below and does not wish to seek an additional extension. 20 If the Third Extension Amendment is approved, public stockholders may elect (the “ Election”) to redeem their public shares (“ Public Shares”) for a per -shareprice, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest not previously released to the Company to pay franchise and income taxes, divided by the number of then outstanding Public Shares