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Distoken Acquisition Corp: Key Insights from 8-K Financial Report (Jan 2025)

$DIST
Form 8-K
Filed on: 2025-01-17
Source
Distoken Acquisition Corp: Key Insights from 8-K Financial Report (Jan 2025)

Based on the provided XML section of the financial report for Distoken Acquisition Corporation, here are the key insights and important information extracted:

  1. Company Identification:
  • Entity Name: Distoken Acquisition Corporation
  • CIK Number: 0001818605
  • Filing Type: 8-K
  • Filing Date: January 17, 2025
  1. Stock Information:
  • Ordinary Shares:
    • Par Value: $0.0001 per share
    • Ticker Symbol: DIST
    • Exchange: NASDAQ
  • Redeemable Warrants:
    • Each warrant entitles the holder to purchase one ordinary share.
    • Exercise Price: $11.50 per share.
    • Ticker Symbol: DISTW
    • Exchange: NASDAQ
  • Rights:
    • Each right entitles the holder to receive one-tenth of one ordinary share.
    • Ticker Symbol: DISTR
    • Exchange: NASDAQ
  1. Filing Context:
  • The report covers the financial data as of January 17, 2025. This suggests that the information is likely a snapshot of the company's financial position or significant events as of that date.
  1. Units of Measurement:
  • Financial data is presented in US Dollars (USD) and shares.
  1. Address:
  • Headquarters: Unit 1006, Block C, Jinshangjun Park No. 2 Xiaoba Road, Panlong District, Kunming, China.
  • Phone Number: +86 871 63624579
  1. Key Considerations:
  • The presence of redeemable warrants and rights indicates potential dilution of shares if these instruments are exercised.
  • The exercise price of $11.50 for the warrants may be relevant for investors assessing the attractiveness of these financial instruments.

Overall, this section provides a concise overview of the company's stock structure and recent filings, which is crucial for investors and analysts evaluating the company's market positioning and financial health.