M&A
confidence high
sentiment negative
materiality 0.90
Infintium terminates business combination deal with SPAC Goldenstone as deadline missed
Goldenstone Acquisition Ltd.
- Infintium terminated the Business Combination Agreement effective Oct 1, 2025 because the transaction was not completed by the Sept 30, 2025 outside date.
- The agreement was originally signed June 26, 2024 and amended Jan 28, 2025.
- Goldenstone, a SPAC, had agreed to merge with Infintium Fuel Cell Systems; no alternative deal is disclosed.