- CEO
- Eddie Ni
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 4360 East New York Street Aurora IL United States of America 60504
- IPO Date
- Mar 17, 2022
- Business
- Goldenstone Acquisition Limited (GDSTU) operates as a blank check company, or special purpose acquisition company (SPAC), with no significant current operations; it focuses on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities, primarily targeting opportunities in technology and sustainability sectors. The company offers no core products or services beyond its SPAC structure, which provides public market access and capital infusion to high-potential targets exhibiting competitive advantages, robust management, and paths to profitability; it emphasizes rigorous due diligence, transparent deal structures, and post-acquisition operational excellence. Incorporated on September 9, 2020, as a Delaware corporation, Goldenstone Acquisition Limited maintains principal executive offices at 4360 East New York Street, Aurora, Illinois 60504, United States, and trades its units on the OTC Markets under the ticker GDSTU, with associated Class A ordinary shares (GDST), warrants (GDSTW), and rights (GDSTR). Geographically, it operates from the United States with a management team leveraging global business connections to pursue international investment opportunities. In recent developments, Goldenstone entered a Business Combination Agreement with Infintium Fuel Cell Systems, Inc. on June 26, 2024—amended January 28, 2025—which was terminated by Infintium on October 1, 2025; previously, a merger agreement with Roxe Holding Inc. was mutually terminated, and the company has extended its initial business combination deadline multiple times, most recently to June 21, 2026 via stockholder approval and sponsor-funded deposits, amid substantial doubt about its ability to continue as a going concern due to shrinking trust assets, net losses, and heavy redemptions.