Company: GDSTR
Filing Date: 2025-06-20
Form Type: S-4/A
Source: 0001213900-25-055744
Chunk: 149

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-06-20
Form: S-4/A
Chunk 149
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 to the projections provided at the time of the fairness opinion. For fiscal years 2023 and 2024, Infintium has not achieved any of its projected metrics. In selecting EntrepreneurShares to provide a fairness opinion, Goldenstone considered, among other factors, EntrepreneurShares’ qualifications, experience, fees, required time to prepare its report, and reputation., including their unique academic qualifications as tenured professors at the top ranked entrepreneurship program, leading asset manager in the global entrepreneurial venture community, frequent guest appearances as valuation experts in leading media stations such as CNBC, Fox Business & Bloomberg and the fact that EntrepreneurShares is regularly engaged in the valuation of businesses and their securities and the provision of fairness opinions in connection with business combination transactions. EntrepreneurShares received a fixed fee of $75,000 and was not contingent upon the outcome of the Fairness opinion or closing of the transaction. No material relationships existed between EntrepreneurShares and Goldenstone for the previous two years. The full text of EntrepreneurShares’ written opinion dated June 21, 2024, which sets forth, among other things, the procedures followed, assumptions made, matters considered, and qualifications and limitations on the scope of review undertaken in rendering its opinion is incorporated by reference in its entirety into this registration/proxy statement. EntrepreneurShares’ opinion was addressed to, and provided for the information and benefit of, the board of directors of Goldenstone (the “Goldenstone Board”) in connection with their evaluation of the Business Combination. The opinion confirmed that, the consideration to be issued, paid or exchanged to Infintium’s stockholders in the Business Combination is fair from a financial point of view to the Goldenstone stockholders. The opinion does not constitute a recommendation to the relevant officers of Goldenstone or to any other persons in respect of the Business Combination, including as to how any stockholder of Goldenstone should vote or act in respect of the Proposed Business Combination. EntrepreneurShares’ opinion does not address the relative merits of the Proposed Business Combination as compared to other business or financial strategies that might be available to Goldenstone, nor does it address the underlying business decision of Goldenstone to engage in the Business Combination. In connection with rendering its opinion, EntrepreneurShares had, among other things: •The financial terms and conditions of the proposed Business Combination set forth in the LOI. •Financial forecasts provided by the management of Infintium (the “Management”); •Certain guideline public companies and precedent transactions recommended by Management as having attributes similar to aspects of the Business Line that Infintium is pursuing; •