Goldenstone SPAC to merge with Infintium Fuel Cell at $130M pre-money EV

Goldenstone Acquisition Ltd.

Definitive business combination agreement valued at $130M pre-money enterprise value.
Provides ~$18M gross cash proceeds to Infintium at closing, before expenses and redemptions.
Existing Infintium stockholders rolling 100% of equity into combined company.
Infintium's hydrogen fuel cells power forklifts for Fortune 500 firms including Mercedes-Benz, Ford, BMW.
Closing expected by Q1 2025, subject to SEC registration and stockholder approvals.

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