Company: GDSTR
Filing Date: 2025-05-14
Form Type: S-4/A
Source: 0001213900-25-043297
Chunk: 152

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-05-14
Form: S-4/A
Chunk 152
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 of Infintium, or any class of such persons, whether related to the Business Combination or otherwise. EntrepreneurShares was not asked to, nor did it express any view on, and its opinion does not address, any other term or aspect of the LOI or the Business Combination Consideration, including, without limitation, the structure or form of the Business Combination, or any term or aspect of any other agreement or instrument contemplated by the Business Combination or the transactions that are the subject of such agreement. EntrepreneurShares’ opinion does not address the relative merits of the 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. The credit, financial, and stock markets have been experiencing unusual volatility and EntrepreneurShares expressed no opinion or view as to any potential effects of such volatility on the parties or the Business Combination. 69

Set forth below is a summary of the material financial analyses carried out by EntrepreneurShares in connection with the opinion. as presented by EntrepreneurShares to the Goldenstone Board on June 21, 2024, in connection with EntrepreneurShares rendering its opinion. The following summary, however, does not purport to be a complete description of the analyses performed by EntrepreneurShares. The order of the analyses described, and the results of these analyses do not represent relative importance or weight given to these analyses by EntrepreneurShares. Except as otherwise noted, the following quantitative information, to the extent that it is based on market data, is based on market data that existed on or before June 20, 2024, and is not necessarily indicative of current market conditions. Summary of EntrepreneurShares’ Financial Analysis of Infintium Market Method — Guideline Public Traded Companies (GPTC) The primary method EntrepreneurShares used as the basis for the fairness opinion assessment was a Market Method — GPC, GTM & GCM as further described below. Guideline Public Companies Analysis The Guideline Public Companies (“GPC”) Method is a market indicator used to value a business. In the GPC Analysis, EntrepreneurShares reviewed and analyzed publicly available data (sourced through paid search platform S&P Capital IQ (“CapIQ”)) about companies that were considered to have attributes similar to Infintium or one or more of the Business Lines (the “GPC Analysis”). There are no guideline public companies that are directly comparable to Infintium’s future prospective business. EntrepreneurShares, selected a group of 21 guideline public companies (“GPC Guideline Companies