Company: GDSTR
Filing Date: 2025-04-24
Form Type: S-4/A
Source: 0001213900-25-034782
Chunk: 359

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-04-24
Form: S-4/A
Chunk 359
---
 advance notice prior to the applicable deadline, must deposit into the Trust Account $ 575,000($ 0.10per share) on or prior to the date of the applicable deadline, for each three month extension (or up to an aggregate of $ 1,725,000, or $ 0.30per share if the Company extends for the full nine months). On September 21, 2023, the Company’s stockholders approved the amendment to the Company’s Amended and Restated Certificate of Incorporation to extend the date by which the Company has to consummate a business combination up to nine (9) times, each such extension for an additional one month period, from September 21, 2023 to June 21, 2024, and must deposit into the Trust Account in the sum of $ 100,000for each one month extended. On June 18, 2024, the Company’s stockholders approved a second amendment to the Company’s Amended and Restated Certificate of Incorporation to extend the date by which the Company has to consummate a business combination up to twelve (12) times, each such extension for an additional one month period, from June 21, 2024 to June 21, 2025, and must deposit into the Trust Account in the sum of $ 50,000for each one month extended. Any such payments would be made in the form of a loan. Any such loans will be non -interestbearing F-44 GOLDENSTONE ACQUISITION LIMITED
NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
DECEMBER 31, 2024 NOTE 6 — RELATED PARTY TRANSACTIONS (cont.) and payable upon the consummation of its initial Business Combination. If the Company completes its initial Business Combination, the Company would either repay such loaned amounts out of the proceeds of the Trust Account released to the Company, or up to $ 1,725,000of such loans may be convertible into private units at a price of $ 10.00per unit at the option of the lender. As of December 31, 2024 and March 31, 2024, the Company had $ 2,756,000and $ 1,791,000, respectively, of borrowings under the working capital and extension loans. Administrative Services Agreement and Service Fees The Company is obligated, commencing from the closing of the Initial Public Offering and for 12 months