---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-028730"
form_type: "8-K"
ticker: null
cik: "0001818605"
company_name: "Distoken Acquisition Corp"
filed_at: "2024-02-28T23:59:59+00:00"
generated_at: "2026-06-05T09:21:48.048240+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Distoken Acquisition issues up to $1M promissory note to sponsor for working capital

## Summary
- Unsecured note up to $1,000,000 issued to sponsor Xiaosen Sponsor LLC on Feb 26, 2024.
- Note bears no interest and matures upon consummation of initial business combination or liquidation.
- Drawdowns require sponsor approval; each draw must be at least $10,000 unless agreed otherwise.
- Payee waived any rights to trust account proceeds from the IPO.
- Funds are for general working capital needs of the SPAC.

## SEC filing metadata
- accession: 0001104659-24-028730
- form_type: 8-K
- cik: 0001818605
- company_name: Distoken Acquisition Corp
- filed_at: 2024-02-28T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1818605/000110465924028730/0001104659-24-028730-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1818605/000110465924028730/tm247452d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-028730
- JSON: https://secwatch.observer/filing/0001104659-24-028730.json
- Plain text: https://secwatch.observer/filing/0001104659-24-028730.txt

## Key facts
- Material Agreements
  Distoken Acquisition Corp entered into Note with Xiaosen Sponsor LLC valued at aggregate principal amount of up to $1,000,000 (effective 2024-02-26).
  - Action: entry
  - Counterparty: Xiaosen Sponsor LLC
  - Value: aggregate principal amount of up to $1,000,000
  - Effective: 2024-02-26
  source text: On February 26, 2024, Distoken Acquisition Corporation (the “ Company ”) issued an unsecured promissory note (the “ Note ”) in the aggregate principal amount of up to $1,000,000 to Xiaosen Sponsor LLC
  evidence_url: https://www.sec.gov/Archives/edgar/data/1818605/000110465924028730/0001104659-24-028730-index.htm

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