Company: GDSTR
Filing Date: 2025-06-16
Form Type: 10-K
Source: 0001213900-25-054825
Chunk: 1911

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-06-16
Form: 10-K
Item: Item 8
Chunk 1911
---
, Inc.
     
    Chief Executive Officer
     
    American Education Center, Inc.
  
    Nan Sun
     
    H-Bar Continuous Cast Iron Corp
     
    General Manager
     
    H-Bar Continuous Cast Iron Corp

Potential
investors should also be aware of the following other potential conflicts of interest:

    ●
    None of our officers or
    directors is required to commit his or her full time to our affairs and, accordingly, may have conflicts of interest in allocating
    his or her time among various business activities.

    ●
    Our sponsors, executive
    officers and directors have agreed to waive their redemption rights with respect to their founder shares and any public shares they
    hold in connection with the consummation of our initial business combination. Additionally, our sponsors, executive officers and
    directors have agreed to waive their redemption rights with respect to their founder shares if we fail to consummate our initial
    business combination within 15 months after the closing of the IPO, although they will be entitled to liquidating distributions from
    the Trust Account with respect to any public shares they hold. If we do not complete our initial business combination within such
    applicable time period, the proceeds of the sale of the private placement units will be used to fund the redemption of our public
    shares, and the private placement units will expire worthless. With certain limited exceptions, the founder shares will not be transferable,
    assignable or salable by our initial stockholders until the earlier of (1) one year after the completion of our initial business
    combination and (2) the date on which we consummate a liquidation, merger, capital stock exchange, reorganization, or other similar
    transaction after our initial business combination that results in all of our stockholders having the right to exchange their shares
    of common stock for cash, securities or other property. Notwithstanding the foregoing, if the last sale price of our common stock
    equals or exceeds $18.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like)
    for any 20 trading days within any 30-trading day period commencing at least 150 days after our initial business combination, the
    founder shares will be released from the lock-up. With certain limited exceptions, the private placement units and the securities
    underlying such units will not be transferable, assignable or salable by our initial stockholders until 30 days after the completion