---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-023349"
form_type: "8-K"
ticker: null
cik: "0001818605"
company_name: "Distoken Acquisition Corp"
filed_at: "2023-02-17T23:59:59+00:00"
generated_at: "2026-06-19T08:12:40.184187+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Distoken Acquisition Corp closes IPO of 6.9M units at $10/unit, gross $69M

## Summary
- Closed IPO of 6,900,000 units (incl. full over-allotment) at $10.00 per unit; gross proceeds $69M.
- Private placement of 545,000 units to sponsor at $10/unit, raising $5.45M; no underwriting discounts.
- Net IPO and placement proceeds of $70.38M deposited in trust account for future business combination.
- Company will focus on technology businesses in Asia; no VIE structure used in any combination.
- Units trade on Nasdaq (DISTU); ordinary shares, warrants, rights to trade separately under DIST, DISTW, DISTR.

## SEC filing metadata
- accession: 0001104659-23-023349
- form_type: 8-K
- cik: 0001818605
- company_name: Distoken Acquisition Corp
- filed_at: 2023-02-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1818605/000110465923023349/0001104659-23-023349-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1818605/000110465923023349/tm237270d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-023349
- JSON: https://secwatch.observer/filing/0001104659-23-023349.json
- Plain text: https://secwatch.observer/filing/0001104659-23-023349.txt

## Key facts
- Governance Changes
  Distoken Acquisition Corp: Amended and Restated Memorandum and Articles of Association filed and effective (effective 2023-02-15).
  - Change: charter amendment
  - Effective: 2023-02-15
  source text: On February 15, 2023, in connection with the IPO, the Company filed its Amended and Restated Memorandum and Articles of Association with the Cayman Islands General Registry, effective the same day.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1818605/000110465923023349/0001104659-23-023349-index.htm
- Material Agreements
  Distoken Acquisition Corp entered into Underwriting Agreement with I-Bankers Securities, Inc. valued at Underwriting agreement for IPO of 6,900,000 units at $10.00 per unit, generating gross proceeds of $ (effective 2023-02-15).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: I-Bankers Securities, Inc.
  - Value: Underwriting agreement for IPO of 6,900,000 units at $10.00 per unit, generating gross proceeds of $
  - Effective: 2023-02-15
  source text: On February 17, 2023, Distoken Acquisition Corporation (the “ Company ”) consummated its initial public offering (the “ IPO ”) of 6,900,000 units (the “ Units ”), including 900,000 additional Units issued pursuant to the full exercise by the underwriters of their over-allotment option (the “Over-Allotment Option”). Each Unit consists of one ordinary share, par value $0.0001 per share of the Company (the “ Ordinary Shares ”), one redeemable warrant (the “ Public Warrants ”), each Public Warrant exercisable to purchase one Ordinary Share at an exercise price of $11.50 per share, and one right to receive one-tenth (1/10) of one Ordinary Share upon the consummation of the Company’s initial business combination.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1818605/000110465923023349/0001104659-23-023349-index.htm
- Material Agreements
  Distoken Acquisition Corp entered into Business Combination Marketing Agreement with I-Bankers Securities, Inc. valued at Business Combination Marketing Agreement entered into in connection with IPO (effective 2023-02-15).
  - Action: entry
  - Counterparty: I-Bankers Securities, Inc.
  - Value: Business Combination Marketing Agreement entered into in connection with IPO
  - Effective: 2023-02-15
  source text: 15, 2023 , between the Company and I-Bankers Securities, Inc., as representative of the several underwriters; A Business Combination Marketing Agreement, dated
  evidence_url: https://www.sec.gov/Archives/edgar/data/1818605/000110465923023349/0001104659-23-023349-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.