Item 4.01 Changes in Registrant’s Certifying Accountant.
a) Dismissal of Independent Registered Public Accounting Firm.
Based on information provided
by Friedman LLP (“Friedman”), the independent registered public accounting firm of Goldenstone Acquisition Corporation
(the “Company”), effective September 1, 2022, Friedman combined with Marcum LLP (“Marcum”)
and continued to operate as an independent registered public accounting firm. Friedman continued to serve as the Company’s independent
registered public accounting firm through October 19, 2022. On October 21, 2022, the Company dismissed Friedman and engaged Marcum to
serve as the independent registered public accounting firm of the Company for the year ending March 31, 2023, effective immediately. On
October 21, 2022, an engagement letter was executed by Marcum and the Company, effectively immediately. The services previously provided
by Friedman will now be provided by Marcum. The decision to change accountants was expressly approved by the Chairman of the
Company’s Audit Committee.
Friedman’s reports
on the Company’s financial statements from September 9, 2020 (inception) through March 31, 2021 and for the fiscal year ended March
31, 2022 did not contain an adverse opinion or a disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope
or accounting principles, except that the audit reports on the financial statements of the Company contained an uncertainty about the
Company’s ability to continue as a going concern.
During the period from September
9, 2020 (inception) through March 31, 2021 and the fiscal year ended March 31, 2022, and the subsequent interim period through October
21, 2022, there were no disagreements with Friedman on any matter of accounting principles or practices, financial statement disclosure,
or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of Friedman, would have caused Friedman to make
reference to the subject matter of the disagreements in connection with its reports on the Company’s financial statements for such
periods. Also during this time, there were no “reportable events,” as defined in Item 304(a)(1)(v) of Regulation S-K.
The Company provided Friedman
with a copy of the above disclosures and requested that Friedman furnish the Company with a letter addressed to the Securities and Exchange
Commission stating whether or not it agrees with the statements made above. A copy of Friedman’s letter, dated November 14, 2022,
is attached as Exhibit 16.1 to this Current Report on Form 8-K.
(b) Appointment of New Independent Registered Public Accounting
Firm.
On October 21, 2022, the
Company engaged Marcum as the Company’s independent registered public accounting firm for the fiscal year ending March 31, 2023,
effective immediately. During the period from September 9, 2020 through March 31, 2021, the fiscal year ended March 31, 2022 and the interim
period through October 21, 2022, neither the Company nor anyone on its behalf consulted with Marcum regarding (i) the application of accounting
principles to any specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company’s
financial statements, and neither a written report nor oral advice was provided to the Company that Marcum concluded was an important
factor considered by the Company in reaching a decision as to any accounting, auditing, or financial reporting issue, or (ii) any matter
that was either the subject of a “disagreement,” as defined in Item 304(a)(1)(iv) of Regulation S-K, or a “reportable
event,” as defined in Item 304(a)(1)(v) of Regulation S-K.
