Company: GDSTR
Filing Date: 2025-07-18
Form Type: S-4/A
Source: 0001213900-25-065671
Chunk: 270

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-07-18
Form: S-4/A
Chunk 270
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: (A)Reflects the extension loans of approximately $0.2 million provided by Goldenstone’s Sponsor and the deposits made in the Trust Account to extend the date by which Goldenstone can complete the Business Combination; (B)Reflects the issuance of approximately $5.0million senior secured convertible note, net of 7% original issuance discount, to an investor at the closing of the Business Combination. (C)Reflects the redemption of 1,152,875shares of Goldenstone’s common stock by Goldenstone’s stockholders at approximately $12.00 per share in July 2025, along with the related 1% excise tax; (D)Reflects the reclassification of cash held in the Trust Account and the transfer from the Trust Account to the operating account of the Combined Company that becomes available for general use following the Business Combination; (E)Reflects the settlement of $2,012,500 deferred underwriting discounts and commissions that becomes due and payable upon the consummation of the Business Combination, of which, 1) $150,000 paid in cash, 2) 350,000shares of Goldenstone common stock issued at $10.00 per share with a fair value of $3,500,000 and 3) the recognition of the stock compensation expenses of $1,637,500 and the transfer of Goldenstone’s historical accumulated deficit of Goldenstone, the accounting acquiree, into Infintium’s additional paid -incapital upon the consummation of the Business Combination; (F)Reflects the elimination of the historical accumulated deficit of Goldenstone, the accounting acquiree, into Infintium’s additional paid -incapital upon the consummation of the Business Combination and reflects the issuance of 610,125shares of Goldenstone common stock at $0.0001 par value from the conversion of 6,101,250 rights upon consummation of a Business Combination. (G)Reflects the settlement of approximately $1.3 million of total Goldenstone’s estimated transaction costs related to the Business Combination, of which, 1) approximately $0.8 million of transaction costs accrued as of the date of the unaudited pro forma condensed combined balance sheet and 2) approximately $0.5 million of transaction costs classified as an adjustment to Goldenstone’s accumulated deficit and subsequently reclassify to the Combined Company’s additional paid -incapital at the time of the consummation of the Business Combination; (H)