secwatch.observer — SEC 8-K summary
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Issuer:     Goldenstone Acquisition Ltd. (GDST)
CIK:        0001858007
Form:       8-K
Filed at:   2024-07-02T23:59:59+00:00
Accession:  0001213900-24-058190
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Goldenstone Acquisition merges with Infintium Fuel Cell Systems in $130M deal
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- Merger sub merges into Infintium; combined entity to be renamed Infintium Fuel Cell Systems Holdings, Inc.
- Company valuation set at $130M; stock consideration based on $10.00 per Parent common share.
- Earnout: up to 1.5M additional shares contingent on stock price reaching $11.50, $13.00, $15.00 thresholds.
- Closing requires >$5M available cash, stockholder approvals, Nasdaq listing, and no HSR issues.
- Sponsor and certain company stockholders subject to six-month lock-up with potential early release at $12.50.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1858007/000121390024058190/0001213900-24-058190-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1858007/000121390024058190/ea0208728-8k425_golden.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-058190

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer