Distoken Acquisition Corp. Updates Business Combination Agreement with Youlife Group, Extends Termination Date

Reuters
05-31
Distoken Acquisition Corp. Updates Business Combination Agreement with Youlife Group, Extends Termination Date

Distoken Acquisition Corp. has announced an update regarding its proposed merger with Youlife. According to a recent filing, the registration statement related to the business combination was declared effective by the SEC on March 31, 2025, and May 14, 2025. The definitive proxy statement and related materials were mailed to Distoken's shareholders as of a record date of March 27, 2025, with mailings occurring on April 4, 2025, and May 16, 2025. In addition, an amendment to the subscription agreements was made, removing the May 31, 2025 termination date, and allowing any party to terminate the agreement if the transaction is not completed by June 30, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Distoken Acquisition Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-013025), on May 30, 2025, and is solely responsible for the information contained therein.

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