secwatch.observer — SEC 8-K summary
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Issuer:     Distoken Acquisition Corp (—)
CIK:        0001818605
Form:       8-K
Filed at:   2025-07-15T23:59:59+00:00
Accession:  0001641172-25-019753
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.01, 3.03, 5.01, 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Distoken completes merger with Youlife; begins trading on Nasdaq as YOUL
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1818605/000164117225019753/0001641172-25-019753-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1818605/000164117225019753/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-019753

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer