other material
confidence high
sentiment neutral
materiality 0.60
Goldenstone Acquisition closes $57.5M IPO; trust funded with $58.4M
Goldenstone Acquisition Ltd.
- Closed IPO of 5,750,000 units at $10.00 per unit, including full over-allotment exercise.
- Gross proceeds of $57.5M; private placement of 351,250 units raised $3.5125M from sponsor and investors.
- Net proceeds of $58.3625M deposited in trust for benefit of public stockholders.
- Each unit consists of one common share, one redeemable warrant (exercise $11.50 per full share), and one right (1/10 share per right).
- Units trade on Nasdaq under GDSTU; common stock, warrants, rights to trade separately as GDST, GDSTW, GDSTR.