Company: GDSTR
Filing Date: 2025-05-23
Form Type: PRE 14A
Source: 0001213900-25-047384
Chunk: 34

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-05-23
Form: PRE 14A
Chunk 34
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 proposed Third Extension Amendment is attached hereto as Annex A. The Board believes that it is in the best interests of the Company and its shareholders that the Extension be obtained so that the Company will have an additional amount of time to consummate its initial business combination because the Company will be required to dissolve if the Third Extension Amendment Proposal is not approved and the currently required extension payments are not made. Without the Extension, the Company will not be able to complete an initial business combination on or before the Termination Date, and would be forced to liquidate. the Company intends to hold a special meeting at a future date to approve a business combination. Reasons for the Third Extension Amendment Proposal On June 26, 2024, the Company entered into a Business Combination Agreement (as amended, the “BCA”) with Infintium Fuel Cell Systems, Inc., a Delaware corporation (the “Infintium”), Pacifica Acquisition Corp., a Delaware corporation (“Merger Sub”) and wholly -ownedsubsidiary of the Company, and Yan (Chris) Feng, solely in his capacity as representative, agent and attorney -in -factof the Infintium Securityholders (the “Securityholder Representative,” and, together with the Company, Infintium, Merger Sub, the “Parties”). Pursuant to the BCA, Merger Sub will merge with and into Infintium (the “Merger”), with Infintium surviving the Merger as a wholly -ownedsubsidiary of the Company. In connection with the Merger, the Company will change its name to “Infintium Fuel Cell Systems Holdings, Inc.” The purpose of the Third Extension Amendment Proposal and Third Trust Amendment Proposal is to allow the Company an option to further extend the time to complete a Business Combination. Without the Third Extension Amendment and the Third Trust Amendment, the Company believes that it will not be able to complete a Business Combination on or before June 21, 2025. The Company has determined that in order for us to potentially consummate an initial business combination, we will need to obtain the Extension to extend the date by which it has to consummate a business combination from June 21, 2025 to June 21, 2026, because the Company will be required to dissolve if the Third Extension Amendment Proposal is not approved. The Charter currently provides that the Company has until June 21, 2025, the current Termination Date, to complete an initial business combination. Without the Extension, the Company will not be able to complete