I am going to recommend you meet with a tax professional; however it may be too late if you have already sent in the S corp revocation.
There could be significant tax consequences doing what you want to do / did.
You do not indicate what assets are in the S corp, but as noted by @MaryK4, in order to get the assets out of the former S corporation, you are essentially liquidating. Distribution of assets to a shareholder(s) is treated as if the assets were sold at FMV and the S corporation will recognize gain or loss. The shareholder will of course get a step up in basis, but that requires tax to be paid NOW.
Assets that are distributed out in liquidation are also required to be reported on Form 1099-DIV boxes 9 and 10 as appropriate. These distributions are not reflected on Sch K or K-1.
Unfortunately when you make the election to be taxed as an S corporation, you will need to treat the entity as an S corporation from start to finish.
*A reminder that posts in a forum such as this do not constitute tax advice.
Also keep in mind the date of replies, as tax law changes.
