m_and_a
confidence high
sentiment neutral
materiality 0.75
Distoken completes merger with Youlife; begins trading on Nasdaq as YOUL
Distoken Acquisition Corp
- Closed business combination July 9, 2025; 601,118 shares redeemed at ~$11.86 per share.
- Post-closing capital: 64,887,792 Class A ordinary shares and 11,160,808 Class B ordinary shares.
- Pubco ADSs trade on Nasdaq under YOUL starting July 10, 2025; warrants quoted OTC.
- Founder shares locked up for 1 year; other shareholders 180 days; early release if ADS >= $12.50 for 20/30 days after 150 days.
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