Company: GDSTR
Filing Date: 2025-04-24
Form Type: S-4/A
Source: 0001213900-25-034782
Chunk: 102

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-04-24
Form: S-4/A
Chunk 102
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 notice to CFIUS, or to proceed with an initial business combination without notifying CFIUS and risk CFIUS intervention, before or after closing the initial business combination. Although we do not believe we or the Sponsor are a “foreign person”, CFIUS may take a different view and decide to block or delay a potential initial business combination, impose conditions to mitigate national security concerns with respect to a potential initial business combination, order us to divest all or a portion of a U.S. business of New Infintium if we had proceeded without first obtaining CFIUS clearance, or impose penalties if CFIUS believes that the mandatory notification requirement applied. Additionally, the laws and regulations of other U.S. government entities may impose review or approval procedures on account of any potential foreign ownership by the Sponsor. As a result, the pool of potential targets with which we could complete an initial business combination may be limited due to such regulatory restrictions. Moreover, the process of any government review, whether by CFIUS or otherwise, could be lengthy. Because we have only a limited time to complete an initial business combination, our failure to obtain any required approvals within the requisite time period may require us to liquidate. If we liquidate, our Public Stockholders may only receive $10.00 per share, and our warrants will expire worthless. This will also cause you to lose any potential investment opportunity in a potential initial business combination and the chance of realizing future gains on your investment through any price appreciation in New Infintium. Any distributions received by Goldenstone stockholders could be viewed as an unlawful payment if it was proved that immediately following the date on which the distribution was made, Goldenstone was unable to pay its debts as they fell due in the ordinary course of business. Upon completion of the IPO, Goldenstone’s Certificate of Incorporation provided that it will continue in existence only until January 22, 2024 (subject to Goldenstone’s ability to extend the deadline in accordance with its provisions). In January this deadline was extended to April 22, 2024 in accordance with its Certificate of Incorporation). In April 2024, stockholders approved an amendment to the Certificate of Incorporation to provide for monthly extensions, at the option of the Goldenstone board up through April 22, 2024 and currently the term has been extended through June 21, 2025. Each monthly extension requires the payment $50,000 into the Trust Account. If Goldenstone is unable to consummate an initial business combination transaction within the