GS Group and Goldman Sachs & Co. LLC File Schedule 13G for Distoken (6.0%)

Rhea-AI Filing Summary

The Goldman Sachs Group, Inc. and its subsidiary Goldman Sachs & Co. LLC report shared beneficial ownership of 166,929 ordinary shares of Distoken Acquisition Corporation, representing 6.0% of the class. Both reporting persons show 0 sole voting and dispositive power and 166,929 shared voting and dispositive power, indicating the position is held jointly rather than unilaterally. Exhibit disclosures identify GS Group as a parent holding company and Goldman Sachs & Co. LLC as a broker-dealer and registered investment adviser subsidiary. The filers certify the securities were acquired and are held in the ordinary course of business and not to influence control.

Positive

• Material disclosure: Goldman Sachs reports 166,929 shares (6.0%), exceeding the 5% Schedule 13G reporting threshold.
• Joint filing and subsidiary identification: the filing includes a joint filing agreement and Exhibit (99.2) identifying the parent-subsidiary relationship.

Negative

• No sole control: both filers report 0 sole voting and dispositive power, indicating no unilateral control over the issuer.
• No stated strategic intent: the filing certifies the securities are held in the ordinary course of business and not to influence control, so no additional context on purpose is provided.

Insights

Securities Analyst

GS Group reports a material 6.0% shared stake (166,929 shares) in Distoken Acquisition, exceeding the 5% reporting threshold.

The Schedule 13G is a routine disclosure of beneficial ownership above the 5% threshold. The position is reported as shared voting and dispositive power with 0 shares held with sole power. The filing includes a joint filing agreement and classifies the parties by their SEC roles. This is material information for ownership monitoring but contains no indication of an intent to change control.

Corporate Governance Expert

Shared ownership with no sole voting or dispositive power suggests no unilateral control; filing disclaims use to influence control.

The filing highlights that the securities are held in the ordinary course of business and explicitly not for influencing control. Exhibit (99.2) clarifies the parent-subsidiary relationship between GS Group and Goldman Sachs & Co. LLC, and the joint filing agreement formalizes shared reporting responsibility. This is informative for governance and ownership transparency but does not signal governance changes.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

DISTOKEN ACQUISITION CORPORATION

(Name of Issuer)

Ordinary shares, par value $0.0001 per share

(Title of Class of Securities)

G27740110

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. G27740110

1

Names of Reporting Persons

THE GOLDMAN SACHS GROUP, INC.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 166,929.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 166,929.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

166,929.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.0 %

12

Type of Reporting Person (See Instructions)

HC, CO

SCHEDULE 13G

CUSIP No. G27740110

1

Names of Reporting Persons

GOLDMAN SACHS & CO. LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NEW YORK

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 166,929.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 166,929.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

166,929.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.0 %

12

Type of Reporting Person (See Instructions)

BD, OO, IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: DISTOKEN ACQUISITION CORPORATION
(b)	Address of issuer's principal executive offices: Unit 1006, Block C, Jinshangjun Park, No. 2 Xiaoba Road, Panlong District, F4, 650000
Item 2.
(a)	Name of person filing: THE GOLDMAN SACHS GROUP, INC.| GOLDMAN SACHS & CO. LLC
(b)	Address or principal business office or, if none, residence: The Goldman Sachs Group, Inc. 200 West Street New York, NY 10282| Goldman Sachs & Co. LLC 200 West Street New York, NY 10282
(c)	Citizenship: THE GOLDMAN SACHS GROUP, INC. - Delaware| GOLDMAN SACHS & CO. LLC - New York
(d)	Title of class of securities: Ordinary shares, par value $0.0001 per share
(e)	CUSIP No.: G27740110
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: See the response(s) to Item 9 on the attached cover page(s).
(b)	Percent of class: See the response(s)to Item 11 on the attached cover page(s).
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: See the response(s) to Item 5 on the attached cover page(s).
	(ii) Shared power to vote or to direct the vote: See the response(s) to Item 6 on the attached cover page(s).
	(iii) Sole power to dispose or to direct the disposition of: See the response(s) to Item 7 on the attached cover page(s).
	(iv) Shared power to dispose or to direct the disposition of: See the response(s) to Item 8 on the attached cover page(s).
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See Exhibit (99.2)
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

THE GOLDMAN SACHS GROUP, INC.

Signature:	Name: Sam Prashanth
Name/Title:	Attorney-in-fact
Date:	07/17/2025

GOLDMAN SACHS & CO. LLC

Signature:	Name: Sam Prashanth
Name/Title:	Attorney-in-fact
Date:	07/17/2025

Exhibit Information

EXHIBIT (99.1) JOINT FILING AGREEMENT In accordance with Rule 13d-1(k)(1) promulgated under the Securities Exchange Act of 1934, the undersigned agree to the joint filing of a Statement on Schedule 13G (including any and all amendments thereto) with respect to the Ordinary shares, par value $0.0001 per share, of DISTOKEN ACQUISITION CORPORATION and further agree to the filing of this agreement as an Exhibit thereto. In addition, each party to this Agreement expressly authorizes each other party to this Agreement to file on its behalf any and all amendments to such Statement on Schedule 13G. Date: 07/17/2025 THE GOLDMAN SACHS GROUP, INC. By:/s/ Sam Prashanth ---------------------------------------- Name: Sam Prashanth Title: Attorney-in-fact GOLDMAN SACHS & CO. LLC By:/s/ Sam Prashanth ---------------------------------------- Name: Sam Prashanth Title: Attorney-in-fact EXHIBIT (99.2) ITEM 7 INFORMATION The securities being reported on by The Goldman Sachs Group, Inc. ("GS Group"), as a parent holding company, are owned, or may be deemed to be beneficially owned, by Goldman Sachs & Co. LLC ("Goldman Sachs"), a broker or dealer registered under Section 15 of the Act and an investment adviser registered under Section 203 of the Investment Advisers Act of 1940. Goldman Sachs is a subsidiary of GS Group.

FAQ

How many Distoken Acquisition Corporation shares does Goldman Sachs report owning (DIST)?

166,929 shares, representing 6.0% of the class according to the Schedule 13G.

Do Goldman Sachs or its affiliate have sole voting control of the DIST shares?

No. The filing reports 0 sole voting power and 166,929 shared voting power.

Which entities filed the Schedule 13G for DIST?

The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC are the reporting persons.

Is the Goldman Sachs position reported as held to influence control of DIST?

No. The filers certify the securities were acquired and are held in the ordinary course of business and not to change or influence control.

Does the filing identify the relationship between the reporting entities?

Yes. Exhibit (99.2) states GS Group is a parent holding company and Goldman Sachs & Co. LLC is its subsidiary and a broker-dealer and registered investment adviser.