Company: GDSTR
Filing Date: 2025-01-30
Form Type: S-4
Source: 0001213900-25-008051
Chunk: 106

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-01-30
Form: S-4
Chunk 106
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 the Business Combination Agreement. You should not rely on the representations and warranties described below as current characterizations of factual information about Goldenstone or Infintium, because they were made as of specific dates, may be intended merely as a risk allocation mechanism between Goldenstone and Merger Sub, and Infintium and are modified by the disclosure schedules. Merger Consideration The Business Combination Agreement provides for Goldenstone to issue to the Infintium Securityholders aggregate consideration of 13,000,000shares of New Infintium Common Stock at the Effective Time. In addition, the Business Combination Agreement provides for an additional earn -outof up to an aggregate of 1,500,000 additional shares of New Infintium Common Stock to be issued post -Closingto the Infintium Securityholders if the Surviving Corporation achieves certain stock price targets. Specifically, Infintium stockholders (but excluding the holders who exercise dissenters’ rights) will be entitled to receive an aggregate of 500,000 Merger Consideration Earnout Shares in accordance with their respective pro rata shares, if, within 12months from the Closing Date, the closing share price of New Infintium Common Stock equals or exceeds $11.50 for any 20 consecutive Trading Days within such 12 -monthperiod. Infintium stockholders (but excluding the holders who exercise dissenters’ rights) will be entitled to receive a second tranche equal to an aggregate of 500,000 Merger Consideration Earnout Shares in accordance with their respective pro rata shares, if, within 24months from the Closing Date, the closing share price of New Infintium Common Stock equals or exceeds $13.00 for any 20 consecutive Trading Days within such 24 -monthperiod. Lastly, Infintium stockholders (but excluding the holders who exercise dissenters’ rights) will be entitled to receive a third tranche of an aggregate of 500,000 Merger Consideration Earnout Shares in accordance with their respective pro rata shares, if, within 36months from the Closing Date, the closing share price of the New Infintium Common Stock equals or exceeds $15.00 for any 20 consecutive Trading Days within such 36 -monthperiod. If the price conditions for any one tranche are not satisfied during the respective time period, the potential right to receive those shares is forfeited. 46 Conditions to the Consummation of the Business Combination The consummation of the Business Combination is conditioned upon customary closing conditions