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Distoken Acquisition Corp: January 2025 Financial Report & Equity Insights

$DIST
Form 8-K
Filed on: 2025-01-13
Source
Distoken Acquisition Corp: January 2025 Financial Report & Equity Insights

Based on the provided XML section of the financial report, here are the key pieces of information and insights extracted:

  1. Entity Identification:
  • Company Name: Distoken Acquisition Corporation
  • SEC CIK Number: 0001818605
  1. Report Date:
  • Date of Filing: January 7, 2025
  1. Stock Information:
  • Ordinary Shares:
    • Par Value: $0.0001 per share
    • Ticker Symbol: DIST
    • Exchange: NASDAQ
  • Redeemable Warrants:
    • Warrant Description: Each warrant entitles the holder to purchase one ordinary share.
    • Exercise Price: $11.50 per share
    • Ticker Symbol: DISTW
    • Exchange: NASDAQ
  • Rights:
    • Description: Each right entitles the holder to receive one-tenth of one ordinary share.
    • Ticker Symbol: DISTR
    • Exchange: NASDAQ
  1. Key Metrics:
  • The report references various classes of stock, including ordinary shares, redeemable warrants, and rights, indicating a structured equity offering.
  • The ordinary share has a low par value ($0.0001), which is typical for companies looking to minimize initial capital requirements while still offering equity.
  1. Contextual Information:
  • The filing is structured within the XBRL framework, which is used for the reporting of financial data in a machine-readable format, allowing for better data analysis and transparency.
  1. Contact Information:
  • Address: Unit 1006, Block C, Jinshangjun Park No. 2 Xiaoba Road, Panlong District, Kunming, China
  • Phone Number: +86 871 63624579

Insights:

  • The presence of redeemable warrants and rights indicates that Distoken Acquisition Corporation may be utilizing these instruments as part of a capital-raising strategy.
  • The company is actively engaged in the public capital markets as evidenced by its listing on NASDAQ, suggesting it is seeking to attract investment and provide liquidity for its shareholders.
  • The details provided about the stock structure (ordinary shares, warrants, and rights) suggest an effort to appeal to diverse investor preferences, potentially enhancing capital inflow and shareholder engagement.

This analysis provides a snapshot of the company's equity structure and its engagement with public markets, which can be crucial for investors and analysts evaluating investment opportunities.