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Goldenstone Acquisition Limited Announces Intent to Merge with Deluxe Technology Group
GDST
M&A
New Projects/Investments
Delisting/Listing Issues
- Goldenstone Acquisition Limited (GDST) announced its intent to merge with Deluxe Technology Group, a Taiwan-based leader in green technology machinery and sustainable material solutions, with a target of a NASDAQ listing in 2026.
- Deluxe specializes in compostable packaging made from agricultural waste, utilizing a proprietary pulp molding formula, and holds over 130 patents and 20 global awards.
- The proposed merger aims to capitalize on the rapidly growing sustainable packaging market, projected to exceed $250 billion by 2035, and is strengthened by a strategic partnership with Oji Holdings Corporation for raw material supply.
- Goldenstone completed its initial public offering (IPO) for US$57.5 million on March 17, 2022, and reported approximately US$5.3 million in its trust account as of September 30, 2025.
3 days ago
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