Company: GDSTR
Filing Date: 2025-08-05
Form Type: S-4/A
Source: 0001213900-25-071731
Chunk: 318

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-08-05
Form: S-4/A
Chunk 318
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 Public Offering. On March 21, 2022, the Company closed its initial public offering of 5,750,000units, which includes the full exercise of the underwriters’ over -allotmentoption. The units were sold at a price of $ 10.00per unit, resulting in total gross proceeds of $ 57,500,000. Each unit consists of oneshare of common stock, oneredeemable warrant and oneright to receive one -tenth(1/10) of one share of common stock. Each redeemable warrant entitles the holder thereof to purchase one -half(1/2) of oneshare of common stock, and each ten (10) rights entitle the holder thereof to receive one share of common stock at the closing of a Business Combination. The exercise price of the warrants is $ 11.50per full share. Simultaneously with the closing of the Initial Public Offering, the Company completed the private sale of 351,250units (the “Private Units”) to the Sponsor as defined below, Ray Chen, our former Chief Financial Officer, and Yongsheng Liu, our former Chief Operating Officer, each through their respective affiliated entities. Each Private Unit consists of oneshare of common stock, onewarrant (“Private Warrant”) and oneright (each, a “Private Right”). Each Private Warrant entitles the holder to purchase one -halfof one share of common stock at an exercise price of $ 11.50per whole share. Each Private Right entitles the holder to receive one -tenthof one share of common stock at the closing of a Business Combination. The Private Units were sold at a purchase price of $ 10.00per Private Unit, generating gross proceeds to the Company of $ 3,512,500. The Private Units are identical to the Public Units sold in the Initial Public Offering, except that the holders of the Private Units have agreed not to transfer, assign or sell any of the Private Units and the underlying securities (except to certain permitted transferees) until the completion of the Company’s initial Business Combination. The Company also issued 57,500shares of Common Stock (the “Representative Shares”) to Maxim Group LLC and/or its designees (“Maxim”) as part of representative compensation. The representative shares are identical to the Common Stock sold as part of the Public Units, except that Maxim Group LLC has agreed not to transfer, assign or sell any such representative shares until