Company: GDSTR
Filing Date: 2025-05-14
Form Type: S-4/A
Source: 0001213900-25-043297
Chunk: 102

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-05-14
Form: S-4/A
Chunk 102
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TC’s DWAC (Deposit/Withdrawal At Custodian) System, in each case at least two business days before the Goldenstone Special Meeting. The requirement for physical or electronic delivery ensures that a redeeming holder’s election to redeem is irrevocable once the Business Combination is consummated. Any failure to observe these procedures will result in your loss of redemption rights in connection with the vote on the Business Combination. If third parties bring claims against Goldenstone, the proceeds held in trust could be reduced and the per Public Share liquidation price received by Goldenstone’s Public Stockholders may be less than $10.00. Goldenstone’s placing of funds in trust may not protect those funds from third party claims against Goldenstone. Although Goldenstone has received from many of the vendors, service providers (other than its independent accountants) and prospective target businesses with which it does business executed agreements waiving any right, title, interest or claim of any kind in or to any monies held in the Trust Account for the benefit of Goldenstone’s Public Stockholders, they may still seek recourse against the Trust Account. Additionally, a court may not uphold the validity of such agreements. Accordingly, the proceeds held in trust could be subject to claims which could take priority over those of Goldenstone’s Public Stockholders. If Goldenstone liquidates the Trust Account before the completion of a business combination and distributes the proceeds held therein to its Public Stockholders, the Sponsor has contractually agreed that it will be liable to ensure that the proceeds in the Trust Account are not reduced by the claims of target businesses or claims of vendors or other entities that are owed money by us for services rendered or contracted for or products sold to us, but only if such a vendor or prospective target business does not execute such a waiver. However, Goldenstone cannot assure you that they will be able to meet such obligation. Therefore, the per -sharedistribution from the Trust Account for our stockholders may be less than $10.00 per Public Share due to such claims. Additionally, if Goldenstone is forced to file a bankruptcy case or an involuntary bankruptcy case is filed against it which is not dismissed, the proceeds held in the Trust Account could be subject to applicable bankruptcy law, and may be included in Goldenstone’s bankruptcy estate and subject to the claims of third parties with priority over the claims of its stockholders. To the extent any bankruptcy claims deplete the Trust Account, Goldenstone may not be able to return $10.00 to our Public Stockholders. We may be