Distoken Acquisition Corp: Nasdaq/NYSE listing notice — Distoken Acquisition receives Nasdaq MVPHS deficiency notice, 180 days to comply

Distoken Acquisition Corp

On April 29, 2025, Nasdaq notified Distoken that its Market Value of Publicly Held Shares (MVPHS) was below $15M for 30 consecutive business days.
Company has 180 calendar days, until October 27, 2025, to regain compliance by closing MVPHS at $15M+ for 10 consecutive business days.
No immediate impact on listing; company intends to monitor and consider options to regain compliance.
Affected securities: ordinary shares (DIST), warrants (DISTW), rights (DISTR) on Nasdaq.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Distoken Acquisition Corp received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(2)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: market value
Rules: 5450(b)(2)

Exact text from the filing

April 29, 2025, Distoken Acquisition Corporation (the “ Company ”) received a deficiency letter from the Listing Qualifications Department (the “ Staff ”) of the Nasdaq Stock Market (“ Nasdaq ”) notifying the Company that, for the preceding 30 consecutive business days, the Company’s Market Value of Publicly Held Shares (“ MVPHS ”) was below the $15 million minimum requirement under the continued listing standards of The Nasdaq Global Market pursuant to Nasdaq Listing Rule 5450(b)(2) (the “ MVPHS Requirement ”). The notification received has no immediate effect on the Company’s Nasdaq listing.

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Source: SEC EDGAR

accession 0001641172-25-008343

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