Company: GDSTR
Filing Date: 2025-06-20
Form Type: S-4/A
Source: 0001213900-25-055744
Chunk: 422

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-06-20
Form: S-4/A
Chunk 422
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 Closing Statement to Goldenstone, as promptly as practicable after the occurrence of any event that would change the information set forth in the latest version of the Closing Statement that it previously delivered to Goldenstone. (e) Nothing contained in this Section 3.06 or in the Closing Statement shall be construed or deemed to: (i) modify the Company’s obligations pursuant to this Agreement to obtain Goldenstone’s prior consent to the issuance of any securities; or (ii) alter or amend the definition of the Merger Consideration Shares. For the avoidance of doubt, in no event shall the aggregate merger consideration payable to the Company Stockholders exceed the Aggregate Closing Merger Consideration. Section 3.07 Earnout . (a) After the Closing, subject to the terms and conditions set forth herein, Company Stockholders (but excluding holders of Dissenting Shares) shall have the contingent right to receive additional shares of Goldenstone Common Stock based on the performance of Surviving Corporation if the requirements as set forth in this Section 3.07 are achieved. The Merger Consideration Earnout Shares shall be allocated among the Company Stockholders in accordance with this Section 3.07 . (b) The Merger Consideration Earnout Shares shall be issued as follows: (i) an aggregate of 500,000 Merger Consideration Earnout Shares (the “ 2025 Earnout Shares ”) will be promptly issued to Company Stockholders in accordance with their respective Pro Rata Shares if, and only if, within 12 months from the Closing Date the closing share price of Goldenstone Common Stock was greater than or equal to $11.50 for any 20 consecutive Trading Days within such 12-month period, and if such condition is met, the 2025 Earnout Shares will be issued on or before the 30 th day after the end of the 12-month period set forth in this Section 3.07(b)(i). (ii) an aggregate of 500,000 Merger Consideration Earnout Shares (the “ 2026 Earnout Shares ”) will be promptly issued to Company Stockholders in accordance with their respective Pro Rata Shares if, and only if, within 24 months from the Closing Date the closing share price of Goldenstone Common Stock was greater than or equal to $13.00 for any 20 consecutive Trading Days within such 24-month period, and if such condition is met, the 2026 Earnout Shares will be issued on or before the 30 th day after the