Company: GDSTR
Filing Date: 2025-06-16
Form Type: 10-K
Source: 0001213900-25-054825
Chunk: 287

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-06-16
Form: 10-K
Item: Item 1B
Chunk 287
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 Company will change its name to “Infintium Fuel Cell Systems Holdings, Inc.” The board of directors
of the Company has unanimously (i) approved and declared advisable the Agreement, the Merger and the other transactions contemplated
by the Agreement and (ii) resolved to recommend approval of the Agreement and related matters by the stockholders of the Registrant once
the Registration Statement has been declared effective. The Company filed its initial Form S-4 Registrant Statement on January 30, 2025
and filed two amendments to the Form S-4 on April 24, 2025 and May 14, 2025, however, there is no assurance that the Registration Statement
will be declared effective or that the Business Combination will be completed.

Extension
of the Deadline to Complete an Initial Business Combination

Pursuant
to the terms of our Amended and Restated Certificate of Incorporation and the Investment Management Trust Agreement between the Company
and Continental Stock Transfer & Trust Company, LLC (“Continental”), the Company may elect to extend the time available
to consummate its initial business combination, provided that its sponsor or its affiliates or designees must, upon ten days advance
notice prior to the applicable deadline, deposit $575,000 into the Trust Account ($0.10 per share) on or prior to the date of the applicable
deadline, for each three month extension (or up to an aggregate of $1,725,000, or $0.30 per share if we extend for the full nine months)
ten days advance notice prior to the applicable deadline.

On
March 14, 2023, the Company announced that it had extended the period of time by which it may complete an initial business combination
by an additional three months (the “Extension”). In accordance with its amended and restated certificate of incorporation,
a deposit of $575,000 was made into the Trust Account established at the time of the Company’s initial public offering for the
benefit of the public stockholders. Pursuant to the Extension, the new deadline for completion of an initial business combination was
extended to June 21, 2023.

On
June 20, 2023, the Company announced that it had extended the period of time by which it may complete an initial business combination
by an additional three months (the “Second Extension”). In accordance with its amended and restated certificate of incorporation,
on June 14, 2023, a deposit of $575,000 was made into to the