---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-119131"
form_type: "8-K"
ticker: null
cik: "0001818605"
company_name: "Distoken Acquisition Corp"
filed_at: "2023-11-16T23:59:59+00:00"
generated_at: "2026-06-08T01:22:49.157278+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Distoken shareholders approve extension to Nov 2024; sponsor provides up to $360k note

## Summary
- Amendment to extend business combination deadline from Nov 17, 2023 to Nov 18, 2024 approved by shareholders.
- Sponsor Xiaosen Sponsor LLC issued up to $360,000 promissory note; $30k monthly deposits into trust account starting Nov 18, 2023.
- Shareholders redeemed 3,018,308 public shares ($31.9M at ~$10.57/share); remaining public shares 3,881,692.
- Trust account contains approx $10.58 per remaining public share after first deposit.
- Note is non-interest bearing, repayable upon business combination or liquidation.

## SEC filing metadata
- accession: 0001104659-23-119131
- form_type: 8-K
- cik: 0001818605
- company_name: Distoken Acquisition Corp
- filed_at: 2023-11-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 5.03, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1818605/000110465923119131/0001104659-23-119131-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1818605/000110465923119131/tm2330771d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-119131
- JSON: https://secwatch.observer/filing/0001104659-23-119131.json
- Plain text: https://secwatch.observer/filing/0001104659-23-119131.txt

## Key facts
- Debt Financings
  Distoken Acquisition Corp incurred loan of up to $360,000 with Xiaosen Sponsor LLC at no interest maturing the earlier of (a) the date of the consummation of the Business Combination, and (b) the date of the liquidation of the Company.
  - Instrument: loan
  - Principal: up to $360,000
  - Counterparty: Xiaosen Sponsor LLC
  - Rate: no interest
  - Maturity: the earlier of (a) the date of the consummation of the Business Combination, and (b) the date of the liquidation of the Company
  - Event: incurrence
  source text: issued a promissory note (the “ Note ”) in the aggregate principal amount of up to $360,000 (the “ Extension Funds ”) to Xiaosen Sponsor LLC
  evidence_url: https://www.sec.gov/Archives/edgar/data/1818605/000110465923119131/0001104659-23-119131-index.htm
- Shareholder Votes
  Distoken Acquisition Corp shareholders approved Amend the Company's amended and restated memorandum and articles of association to extend the date by which the Company has to consummate an initial business combination from November 17, 2023 to November 18, 2024. at the 2023-11-10 meeting.
  - Proposal: charter amendment
  - Outcome: passed
  - Meeting: 2023-11-10
  source text: For Against Abstain 7,270,057 247,751 99,772 Accordingly, the Extension Amendment Proposal was approved.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1818605/000110465923119131/0001104659-23-119131-index.htm

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