Company: GDSTR
Filing Date: 2025-04-24
Form Type: S-4/A
Source: 0001213900-25-034782
Chunk: 162

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-04-24
Form: S-4/A
Chunk 162
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 in coonnection with the Business Combination                     |     |    13,000,000 |     |  13,000,000 |     |  13,000,000 |     |  13,000,000 |     |    13,000,000 |
| Infintium Shareholders’ potential earnout shares to be issued                  |     |     1,500,000 |     |   1,500,000 |     |   1,500,000 |     |   1,500,000 |     |     1,500,000 |
| Infintium Warrants                                                             |     |     4,829,593 |     |   4,829,593 |     |   4,829,593 |     |   4,829,593 |     |     4,829,593 |
| Shares initially reserved for issuance under the Equity Plan                   |     |     3,000,000 |     |   3,000,000 |     |   3,000,000 |     |   3,000,000 |     |     3,000,000 |
| Total potentially dilutive outstanding securities                              |     |    25,812,618 |     |  25,812,618 |     |  25,812,618 |     |  25,812,618 |     |    25,812,618 |

Anticipated Accounting Treatment The Business Combination will be accounted for as a “reverse recapitalization,” with no goodwill or other intangible assets recorded, in accordance with GAAP. A reverse recapitalization does not result in a new basis of accounting, and the financial statements of the combined entity represent the continuation of the financial statements of Infintium in many respects. Under this method of accounting, Goldenstone will be treated as the “acquired” company for financial reporting purposes. For accounting purposes, Infintium will be deemed to be the accounting acquirer in the transaction and, consequently, the transaction will be treated as a recapitalization of Infintium (i.e., a capital transaction involving the issuance of stock by Goldenstone for the stock of Infintium). Accordingly, the consolidated assets, liabilities and results of operations of Infintium will become the historical financial statements of New Infintium, and Goldenstone’s assets, liabilities and results of operations will be consolidated with Infintium’s beginning on the acquisition