Company: GDSTR
Filing Date: 2025-07-18
Form Type: S-4/A
Source: 0001213900-25-065671
Chunk: 175

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-07-18
Form: S-4/A
Chunk 175
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 is qualified by reference to the complete text of the Amended Charter, a copy of which is attached to this proxy statement/prospectus as Annex B. We encourage all Goldenstone stockholders and Infintium Securityholders to read the Amended Charter in its entirety for a more complete description of its terms. Reasons for the Advisory Proposals The Board’s reasons for proposing each of these amendments to the Current Charter is set forth below. Proposal No. 3A: Increase in Authorized Shares— Amending the Current Charter to increase the number of shares of capital stock that the post -Business Combination company is authorized to issue from 15,000,000 shares to 210,000,000 shares, consisting of 200,000,000 shares of New Infintium Common Stock and 10,000,000 shares of preferred stock. The Board believes that the increase in authorized shares of Common Stock is necessary in order for New Infintium to have sufficient authorized common stock to issue to the Infintium Securityholders pursuant to the Business Combination Agreement and the Business Combination. The Board also believes that it is important for New Infintium to have available for issuance a number of authorized shares of common stock and preferred stock that is sufficient to support growth and to provide flexibility for future corporate needs (including, if needed, as part of financing for future growth acquisitions). The shares of New Infintium Common Stock to be authorized would be issuable as consideration for the Business Combination and for any proper corporate purpose, including future acquisitions, capital raising transactions consisting of equity or convertible debt, stock dividends, or issuances under any future stock incentive plans. The shares of preferred stock to be authorized would be issuable for any proper corporate purpose, including future acquisitions and capital -raisingtransactions. Proposal 3B: Removal of Supermajority Voting Provision— Amending the Current Charter to remove the requirement of an affirmative vote of holders of more than 60% of the voting power of all then outstanding shares of capital stock entitled to vote generally in the election of directors, voting together as a single class, to remove any or all of the directors at any time for cause. 86 The Board believes that removing this provision that requires a supermajority vote to remove any members of the Board of Directors is in the best interests of stockholders and consistent with preferred corporate governance practices. Under Delaware law, the default rule will apply which gives stockholders the right to vote to remove any or all directors with or without cause. Proposal No. 3C: Name Change