Distoken Acquisition Corporation
A blank-check company, or SPAC, that raised money through an initial public offering with the sole purpose of merging with a private business. Formed in 2020, it hunted for technology companies with operations in Asia, and in July 2025 it completed a merger with Youlife Group, a China-based platform that helps blue-collar workers find jobs, get vocational training, and manage their careers. The name "Distoken" is widely read as a mashup of "digital" and "token," nodding to the tech sector it was chasing.
Rights to purchase Class A ordinary shares
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