Event-Driven Stocks

Distoken Acquisition Corp

DIST, DISTR, DISTW

Financials · Blank Checks · E9 · SEC filings ↗ · Compare ⊕

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Signs● 1 good● 2 warning● 2 severedetails ↓

Financials

SEC XBRL · annual
 FY24FY23FY22FY21
Revenue————
Operating income−$1.9M−$1.2M−$2,155—
Net income$37,131$1.3M−$2,155$0
Total assets$7.5M$41.7M$680,816$256,184
Total liabilities$3.1M$966,364$664,816$238,029
Equity−$3.0M−$66,145$16,000$18,155
EPS (diluted)————
Shares out.6.4M9.4M2.0M2.0M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2024
Operating margin
—
Net margin
—
Return on equity
−1.2%
Return on assets
0.5%
Return on capital (ROCE)
—
Liabilities / assets
40.9%
Debt / equity
—
Book value / share
$-0.46
Revenue growth (YoY)
—
Net income growth (YoY)
−97.2%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2024
Accruals / assets
11.6%high accruals
Piotroski F-Score
2/6weak

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
40
/ 100
Profitability 50Growth 0Catalyst 100Earnings quality 0Financial strength 50

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →

Signs

● 2 severe● 2 warning● 1 good
  • Negative shareholder equity
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Negative operating cash flow
  • High accruals — earnings-quality risk
  • Conservative leverage (liabilities < 50% of assets)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Risk flags

late SEC filings

A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Insider transactions

SEC Form 4 · most recent
1 acquisitions1 disposals1 open-market buy(s)net −1.7M shares · last 2
InsiderDateTypeSharesPrice
Zhang JianOfficer — CEO and ChairmanJul 9, 2025J2.3M—
Zhang JianOfficer — CEO and ChairmanFeb 17, 2023Buy545,000$10.00

Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (2)

Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.