Goldenstone Acquisition Ltd. (GDST): debt financing — Goldenstone extends business combo deadline to Sept 21, 2023, secures $550K sponsor loan

Goldenstone Acquisition Ltd.

Entered $550,000 unsecured promissory note with sponsor Goldenstone Holding, LLC; due at business combination or Dec 31, 2023.
Extended business combination deadline from June 21 to September 21, 2023 by depositing $575,000 into trust account.
Proceeds from sponsor loan will be used to fund the extension payment and for working capital.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Goldenstone Acquisition Ltd. incurred loan of $550,000 with Goldenstone Holding, LLC at does not bear interest maturing December 31, 2023.

Instrument: loan
Principal: $550,000
Counterparty: Goldenstone Holding, LLC
Rate: does not bear interest
Maturity: December 31, 2023
Event: incurrence

Exact text from the filing

On June 14, 2023, Goldenstone Acquisition Limited (the “Company”) issued an unsecured promissory note in the aggregate principal amount of $550,000 (the “Note”) to Goldenstone Holding, LLC, the Company’s sponsor (the “Sponsor”).

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54 debt financings filed in the last 30 days. Browse all debt financings →

Goldenstone Acquisition Ltd. filing history →

Source: SEC EDGAR

accession 0001213900-23-050056

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