Company: GDSTR
Filing Date: 2025-05-14
Form Type: S-4/A
Source: 0001213900-25-043297
Chunk: 77

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-05-14
Form: S-4/A
Chunk 77
---
 controls are necessary to provide reliable financial reports and prevent fraud. Infintium will take certain actions and continues to evaluate steps to remediate the material weaknesses. These remediation measures may be time consuming and costly and there is no assurance that these initiatives will ultimately have the intended effects. If Infintium’s independent registered public accounting firm identifies any new material weaknesses in the future, any such newly identified material weakness could limit the company’s ability to prevent or detect a misstatement of its accounts or disclosures that could result in a material misstatement of its annual or interim financial statements. In such case, investors may lose confidence in the company’s financial reporting and the company’s financial performance may be adversely impacted. Infintium cannot provide assurance that the measures it will take will be sufficient to avoid potential future material weaknesses. 24 Our management lacks experience leading a public company. Our management team lacks experience in operating a public company which may place us in a competitive disadvantage to other companies with management members with such experience. This lack of experience may also result in our management team’s lack of adequate preparation for the challenges present in public companies, whether business, legal, and other challenges which our management members may face. New Infintium’s financial performance may be adversely impacted due to this lack of public company management experience. In addition, the requirements of being a public company may strain our resources and divert management’s attention, and the increases in legal, accounting and compliance expenses that will result from the Business Combination may be greater than we anticipate which may also affect our financial performance. We could be adversely affected by risks associated with capital investments and new business processes. We may in the future, seek to expand our business through investments in capital equipment and new business processes. While necessary for the growth of our business, investments in capital equipment and new business processes involve allocating resources based on future expectations that may or may not be correct. Investments in capital equipment and new business processes may not address the requirements of the targeted markets in the future and may result in lower -than-expectedreturns on such investments. The above risks and difficulties, if they materialize, could disrupt our ongoing business, distract management, result in the loss of key personnel, increase expenses and otherwise have a material adverse effect on our business, results of operations and financial performance. We could be adversely affected by risks associated with mergers and acquisitions. We may in the future, seek to expand our business through acquisitions and investments. Acquisitions will be in part dependent on management’s ability to identify, acquire and develop suitable acquisition