SCHEDULE 13G/A: Wealthspring Capital LLC and Matthew Simpson Report Zero Beneficial Ownership in Distoken Acquisition Corporation
Beneficial Ownership Report
Wealthspring Capital LLC and Matthew Simpson have filed an amended Schedule 13G, indicating they no longer hold any beneficial ownership in Distoken Acquisition Corporation as of December 31, 2024.
Summary
- Wealthspring Capital LLC and Matthew Simpson filed an Amendment No. 1 to Schedule 13G regarding their beneficial ownership of Ordinary Shares in Distoken Acquisition Corporation.
- As of December 31, 2024, both Wealthspring Capital LLC and Matthew Simpson reported 0.00 shares beneficially owned.
- This translates to 0% of the class of Ordinary Shares for each reporting person.
- The filing confirms that the securities were acquired and held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing reporting 0% beneficial ownership, which is neutral in sentiment regarding the company's performance or outlook.
Future Outlook
NA
Industry Context
This filing is a standard regulatory disclosure indicating a change in beneficial ownership below the reporting threshold, common for investment firms adjusting their portfolios. It does not provide insights into broader industry trends or competitive landscape.
Stakeholder Impact
- Shareholders: This filing indicates that Wealthspring Capital LLC and Matthew Simpson no longer hold shares, which might be noted by other investors but does not inherently impact the company's operations or value.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of event which requires filing of this statement, indicating the reporting persons' beneficial ownership became 0%. |
| 02/10/2025 | Date the Schedule 13G Amendment No. 1 was signed by Wealthspring Capital LLC and Matthew Simpson. |
Keywords
SEC filing, Schedule 13G, beneficial ownership, Distoken Acquisition Corporation, Wealthspring Capital LLC, Matthew Simpson, ordinary shares, investment adviser
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