Company: GDSTR
Filing Date: 2025-01-30
Form Type: S-4
Source: 0001213900-25-008051
Chunk: 172

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-01-30
Form: S-4
Chunk 172
---
 2024, February 20, 2023, March 20, 2023, April 20, 2023 and May 20, 2023, another deposit of $100,000 was made into to the trust account established at the time of the Company’s initial public offering for the benefit of the Public Stockholders. Pursuant to these extensions, the new deadline for completion of an initial business combination is June 21, 2024. 88 On June18, 2024, the Company’s stockholders approved an additional amendment to the Company’s Amended and Restated Certificate of Incorporation, as previously amended on September21, 2023, to extend the date by which the Company has to consummate a business combination up to twelve (12) times (the “Fourth Extension”), each such extension for an additional one (1) month period, from June21, 2024 to June21, 2025. In connection with the stockholders’ vote at the Annual Meeting, 3,395,590shares of common stock were tendered for redemption. As a result, approximately $38,030,691 (approximately $11.20 per share) has been removed from the Company’s Trust Account to pay such holders, without taking into account additional allocation of payments to cover any tax obligation of the Company, such as franchise taxes, but not including any excise tax, since that date. On June18, 2024, the Company filed a second amendment to its Amended and Restated Certificate of Incorporation with the Delaware Secretary of State (the “Charter Amendment”), to extend the date to consummate a business combination until June21, 2025, as approved by the Company’s stockholders at the Annual Meeting. Pursuant to the Fourth Extension, the Company has deposited a total of eight $50,000 payments in the Trust Account, to extend the date by which the Company can complete an initial business combination to February21, 2025. In connection with the votes to approve the Company’s Amended and Restated Certificate of Incorporation, 3,395,590shares of Common Stock of the Company were rendered for redemption for an aggregate payment of approximately $38.0million in June 2024. We now have until January 21, 2025, with the option, upon approval of our Board of Directors, to extend up to June 21, 2025, or such later time as our stockholders may approve in accordance with our