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Goldenstone Acquisition Limited reported a board change. Effective March 10, 2026, director Ray Chen resigned from the board for personal reasons. On the same date, the company appointed Mr. Wong Chi Kit (“Carson”) to fill the resulting vacancy on the Board of Directors.
Mr. Wong is the founder of Sigma Global Fund and a responsible officer at a Hong Kong licensed asset management firm, with over 20 years of experience in asset management and capital markets. He oversees three active portfolios focused on equities, private equity, technology, media and telecommunications, and global multi-asset credit, and has experience with IPO and SPAC exits.
Goldenstone Acquisition Limited reported results of a special stockholder meeting. Stockholders approved extending the deadline to complete a business combination in one‑month increments from March 21, 2026 to December 21, 2026, and separately extended the trust agreement deadline to December 31, 2026 with deposits of $1,500 per month into the trust account.
They also approved removing restrictions on combining with businesses based in or operating primarily in the People’s Republic of China, and changing the company name to Chi Special Acquisition Company. In connection with the meeting, 422,840 shares of common stock were redeemed, leaving 20,156 shares of public common stock outstanding.
Goldenstone Acquisition Limited is asking stockholders to approve several changes to keep its SPAC alive and broaden potential deal options. The board proposes extending the business-combination deadline from June 21, 2026 to December 21, 2026 with one-month extensions funded by $1,500 deposits into the trust each month. It also seeks to remove restrictions on acquiring China-based targets, change the name to “Chi Special Acquisition Company,” and allow meeting adjournments if support is insufficient. Public holders can redeem their shares around $13.03 per share from a Trust Account holding about $5.77M as of December 31, 2025, while the sponsor and insiders control 1,788,750 votes, or about 78.13% of outstanding shares.
W. R. Berkley Corporation and Berkley Insurance Company filed a Schedule 13G reporting beneficial ownership of 168,989 shares of Goldenstone Acquisition Limited (GDST) common stock, representing 7.4% as of 09/30/2025.
The filing lists shared voting power: 168,989 and shared dispositive power: 168,989, with 0 sole voting and dispositive power. The signatory certified the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control.