Goldenstone Acquisition Limited in a proxy filing seeks a nine-month extension to June 21, 2024 in monthly increments. If approved, the SPAC agrees to pour $100,000 into trust for each month required.
The SPAC almost a year ago terminated a merger agreement with Roxe Holdings by mutual consent.
Roxe, a blockchain-based payments company, would have had a $3.6 billion enterprise value, post-merger, and was to list on the Nasdaq.
Goldenstone raised $57.5 million in a March 2022 IPO. Read more.
