Goldenstone Acquisition Limited
GDSTW
Other OTC0.02
USD
+0.00
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Goldenstone Acquisition Limited
GDSTW
(Other OTC)
Recent
price
0.02
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.- Similar Companies
- Business
- Goldenstone Acquisition Limited (GDSTW) is a blank check company, or special purpose acquisition company (SPAC), formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses; it currently has no significant operations or revenues and focuses on growth-oriented targets with enterprise values between $150 million and $500 million across various sectors and geographies, with an emphasis on emerging markets and innovative enterprises. The company targets institutional investors seeking exposure to high-potential businesses through strategic SPAC transactions. Founded on September 9, 2020 and headquartered at 4360 E. New York Street, Aurora, Illinois 60504, the company operates primarily in the United States with a global investment focus unbound by specific industries or regions. Its sponsor provides financial backing and strategic guidance to facilitate post-acquisition growth and value creation for shareholders. In recent developments, Goldenstone entered into a definitive business combination agreement on June 26, 2024, with Infintium Fuel Cell Systems, Inc., a hydrogen fuel cell technology provider valued at a $130 million pre-money enterprise value, which was amended on January 28, 2025 and expected to close in early 2025 with the combined entity renaming to Infintium Fuel Cell Systems Holdings, Inc.; however, Infintium terminated the agreement on October 1, 2025, pursuant to its terms after missing the September 30, 2025 deadline. Previously, the company mutually terminated a merger agreement with Roxe Holding Inc., a blockchain payments firm, on September 30, 2022. Goldenstone has extended its deadline to complete an initial business combination multiple times, most recently to June 21, 2025, and continues to seek a suitable target amid ongoing SEC filings and shareholder approvals.