Company: GDSTR
Filing Date: 2025-08-05
Form Type: S-4/A
Source: 0001213900-25-071731
Chunk: 117

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-08-05
Form: S-4/A
Chunk 117
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 at any given time, such existence being dependent upon the individual decisions of buyers and sellers over which neither New Infintium nor any market maker has control. The failure of an active and liquid trading market to develop and continue would likely have a material adverse effect on the value of the New Infintium Common Stock. An inactive market may also impair New Infintium’s ability to raise capital to continue to fund operations by issuing shares and may impair New Infintium’s ability to acquire other companies or technologies by using New Infintium’s shares as consideration. Risks Related to U.S. and International Taxation Generally and in Connection with the Business Combination Changes in tax laws or exposure to additional income tax liabilities could affect Infintium’s future profitability. Factors that could materially affect Infintium’s future effective tax rates include but are not limited to: •changes in tax laws or the regulatory environment; •changes in accounting and tax standards or practices; •changes in the composition of operating income by tax jurisdiction; and •Infintium’s operating results before taxes. Because Infintium does not have a long history of operating at its present scale and it has significant expansion plans, Infintium’s effective tax rate may fluctuate in the future. Future effective tax rates could be affected by operating losses in jurisdictions where no tax benefit can be recorded under GAAP, changes in the composition of earnings in countries with differing tax rates, changes in deferred tax assets and liabilities, or changes in tax laws. If the Business Combination does not qualify as a tax-free reorganization under Section 368(a) of the Code, holders of Infintium Common Stock may incur a substantially greater U.S. federal income tax liability as a result of the Business Combination. The U.S. federal income tax consequences of the Business Combination to U.S. Holders (as defined under the heading “Material Federal Income Tax Consequences”) will depend on whether the Business Combination qualifies as a “reorganization” within the meaning of Section 368(a) of the Code. If the Business Combination fails to qualify as a reorganization, a U.S. Holder of Infintium common stock would recognize gain or loss for U.S. federal income tax purposes on each share of Infintium common stock surrendered in the Business Combination for New Infintium common stock. For a more complete discussion of the material U.S. federal income tax consequences of the merger, please carefully review the information set forth in the section entitled “Material U.S. Federal Income Tax Consequences — U.S.