Company: GDSTR
Filing Date: 2025-07-18
Form Type: S-4/A
Source: 0001213900-25-065671
Chunk: 183

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-07-18
Form: S-4/A
Chunk 183
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 the Code to recognize income when the shares are received, rather than upon the expiration of the transfer A participant may make a Section 83(b) election, within 30 days of the transfer of the restricted stock. If a participant makes an election and thereafter forfeits the shares, no ordinary loss deduction will be allowed. The forfeiture will be treated as a sale or exchange upon which there is realized loss equal to the excess, if any, of the consideration paid for the shares over the amount realized on such forfeiture. The loss will be a capital loss if the shares are capital assets. If a participant makes an election under Section 83(b), the holding period will commence on the day after the date of transfer and the tax basis will equal the fair market value of shares, as determined without regard to the restrictions, on the date of transfer. Required Vote The Equity Plan Proposal will be approved and adopted if the holders of a majority of the shares of Common Stock represented in person or by proxy and entitled to vote thereon at the Special Meeting vote “FOR” the Equity Plan Proposal. The Equity Plan Proposal is conditioned upon the approval of the Business Combination Proposal and Closing. If the Business Combination Proposal is not approved, the Equity Plan Proposal will have no effect even if approved by our stockholders. Approval of the Equity Plan Proposal is a condition to the Closing. Abstentions will have the same effect as a vote “AGAINST” this proposal. Broker non -voteswill have no effect with respect to the approval of this Equity Plan Proposal. Board Recommendation THE BOARD RECOMMENDS THAT OUR STOCKHOLDERS VOTE “FOR” THE EQUITY INCENTIVE PLAN PROPOSAL UNDER PROPOSAL 4. 91 PROPOSAL 5 — THE DIRECTORS ELECTION PROPOSAL At the Special Meeting, five (5) directors will be elected to be the directors of the New Infintium upon the closing of the Business Combination. If the nominees are elected, the members of the New Infintium’s board of directors will consist of the following members: Yan (Chris) Feng [(Chairman)], Eddie Ni, Curtis Rusu, Nan Sun, and Christian Cline, serving until their respective successors are elected and qualified. Biographical information about the nominees can be found in “ Directors and Executive Officers of New Infintium After the Business Combination” below. Each of the nominees has agreed to be named in this proxy statement and to serve as a director if elected. Unless authority is withheld or the shares are subject to a