Company: GDSTR
Filing Date: 2025-04-24
Form Type: S-4/A
Source: 0001213900-25-034782
Chunk: 108

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-04-24
Form: S-4/A
Chunk 108
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 be limited and your ability to sell your shares in the market could be adversely affected. New Infintium has applied to list its shares on Nasdaq. However, Nasdaq may not list the Common Stock, which could limit investors’ ability to make transactions in Goldenstone’s securities and subject Goldenstone to additional trading restrictions. New Infintium will be required to meet the initial listing requirements to be listed on Nasdaq. However, New Infintium may be unable to maintain the listing of its securities in the future. If New Infintium fails to meet the continued listing requirements and Nasdaq delists its securities, Goldenstone could face significant material adverse consequences, including: •a limited availability of market quotations for its securities; •a limited amount of news and analyst coverage for New Infintium; and •a decreased ability to issue additional securities or obtain additional financing in the future Goldenstone and/or Infintium may waive one or more of the conditions to the Business Combination without resoliciting stockholder approval for the Business Combination. Goldenstone and/or Infintium may agree to waive, in whole or in part, one or more of the conditions to their respective obligations to complete the Business Combination, to the extent permitted by applicable laws. The Board will evaluate the materiality of any waiver to determine whether amendment of this proxy statement/prospectus and resolicitation of proxies is warranted. In some instances, if the Board determines that a waiver is not sufficiently material to warrant resolicitation of stockholders, Goldenstone has the discretion to complete the Business Combination without seeking further stockholder approval. For example, it is a condition to Goldenstone’s obligations to close the Business Combination that there be no applicable law and no injunction or other order restraining or imposing any condition on the consummation of the Business Combination, however, if the Board determines that any such order or injunction is not material to the business of Infintium, then the Board may elect to waive that condition without stockholder approval and close the Business Combination. 44 Goldenstone’s stockholders will experience immediate dilution as a consequence of the issuance of Common Stock as consideration in the Business Combination. Having a minority share position may reduce the influence that Goldenstone’s current stockholders have on the management of Goldenstone. We anticipate that upon completion of the Business Combination, assuming no redemptions of the 1,595,871 Public Shares that remain outstanding, Goldenstone’s Public Stockholders will retain an ownership interest of approximately 12.5% in New Infintium