Core Insights - Lichen China Limited has completed the acquisition of the remaining 40% equity interest in Bondly Enterprises Limited for US$5,330,000, marking a significant step in its strategy to integrate advanced technologies and AI capabilities into its operations [1][2]. Group 1: Acquisition Details - The acquisition allows Lichen China to gain full control over Bondly's technologies and skilled team, which are essential for the company's growth in AI-driven solutions [2]. - Bondly, founded by Mr. Zisu Zhou, specializes in business process management and digital transformation, with a proprietary AWS BPM system that enhances operational efficiency for clients [3]. Group 2: Strategic Implications - The acquisition is viewed as a strategic move to leverage Bondly's technological expertise and AI capabilities, which will accelerate the development of Lichen China's AI-driven solutions, including the Lichen AI Robot [4]. - With Bondly becoming a wholly-owned subsidiary, deeper integration of its technologies and services into Lichen China's offerings is expected to drive significant revenue growth and enhance competitive advantage in the financial, taxation, and AI sectors [4]. Group 3: Company Background - Lichen China Limited is a leading provider of financial and taxation solution services, with over 18 years of expertise in the industry, known for delivering high-quality services in China [5].

Core Points - Univest Securities, LLC announced a registered direct offering for Lichen China Limited, a financial and taxation service provider [1] - The offering involves the sale of 42,500,000 shares of Class A ordinary shares at a price of $0.08 per share, resulting in gross proceeds of approximately $3.4 million [2][3] Company Overview - Lichen China Limited specializes in financial and taxation solution services, education support services, and software maintenance services, operating under the "Lichen" brand [7] - The company has over 18 years of experience in the financial and taxation solution services industry, establishing a reputation for providing professional and high-quality services in China [7] Offering Details - The offering was conducted under a shelf registration statement on Form F-3, which was declared effective by the SEC on March 1, 2024 [4] - The final prospectus supplement and accompanying prospectus detailing the offering terms were filed with the SEC and are accessible on their website [4]

Core Viewpoint - Lichen China Limited has announced a registered direct offering of 42,500,000 Class A ordinary shares at a price of $0.08 per share, aiming to raise approximately $3.4 million in gross proceeds [1][2]. Group 1: Offering Details - The offering consists of Class A ordinary shares or pre-funded warrants, with a purchase price of $0.08 per share and an exercise price of $0.001 per share for the warrants [1]. - The transaction is expected to close on or about January 29, 2025, pending customary closing conditions [2]. - Univest Securities, LLC is acting as the sole placement agent for this offering [2]. Group 2: Regulatory Information - The offering is made under a shelf registration statement on Form F-3, which was declared effective by the SEC on March 1, 2024 [3]. - A final prospectus supplement and accompanying prospectus will be filed with the SEC and will be available on the SEC's website [3]. Group 3: Company Overview - Lichen China Limited specializes in financial and taxation solution services, education support services, and software maintenance services under the "Lichen" brand [5]. - The company has over 18 years of experience in the financial and taxation solution services industry, establishing a reputation for providing professional and high-quality services in China [5].

Core Viewpoint - Lichen China Limited plans to integrate the DeepSeek optimization framework into its existing AI Model for financial and taxation services, aiming to enhance efficiency and accuracy in handling complex tasks [1][2][3]. Integration Details - The integration of DeepSeek is expected to be completed by the end of Q2 2025, with a trial phase starting in early March 2025 [2]. - DeepSeek is recognized for its advanced multi-modal generation, efficient computation, and long-context processing capabilities, which will improve the AI's performance in various financial and taxation scenarios [2]. Key Benefits of DeepSeek Integration - **Multi-Modal Support**: The integration will enable the AI Model to process text, images, and audio, enhancing data extraction and analysis capabilities for a wider range of financial documents [7]. - **Efficient Computation**: Utilizing DeepSeek's sparse attention mechanisms will lead to faster response times and reduced resource consumption, making deployment more cost-effective [7]. - **Long-Context Processing**: The hierarchical attention mechanisms will improve the AI's ability to handle lengthy documents and complex queries, which is crucial in the financial and taxation sectors [7]. - **Adaptive Learning**: The AI Model will dynamically adjust its evaluation criteria based on user feedback, ensuring continuous improvement in output quality [7]. - **Enhanced Security**: DeepSeek's safety alignment technology will ensure reliable and secure outputs, meeting high standards required in financial and taxation applications [7]. Company Overview - Lichen China Limited is a leading provider of financial and taxation solutions, offering services such as financial consulting, tax planning, and software solutions under the "Lichen" brand, with over 18 years of industry experience [4].

Core Points - Lichen China Limited has received a Notification Letter from Nasdaq indicating that its ordinary shares have been below the $1.00 minimum closing bid price requirement for continued listing for the last 30 consecutive business days [1] - The Notification Letter does not currently affect the listing or trading of the Company's securities, and the Company has a compliance period of 180 calendar days until July 22, 2025, to regain compliance [2] - If the closing bid price reaches $1.00 or higher for at least ten consecutive business days during this period, Nasdaq will confirm compliance [2] - If compliance is not regained by July 22, 2025, the Company may be eligible for an additional 180-day period to regain compliance [3] - The Company will actively monitor its share bid price and evaluate options to meet the continued listing requirements [3] Company Overview - Lichen China Limited specializes in providing financial and taxation solution services, education support services, and software maintenance services under the "Lichen" brand [4] - The Company has over 18 years of experience in the financial and taxation solution services industry and is recognized for its professional and high-quality services in China [4]

Company Overview - Lichen China Limited is a dedicated financial and taxation service provider in China, focusing on financial and taxation solution services, education support services, and software and maintenance services under its "Lichen" brand [9]. Offering Details - The company has entered into a definitive agreement for the purchase and sale of an aggregate of 25,000,000 Class A ordinary shares at a purchase price of $0.125 per share in a registered direct offering [7]. - The aggregate gross proceeds from this offering are expected to be approximately $3.1 million, with the transaction expected to close on or about December 31, 2024, subject to customary closing conditions [4]. Regulatory Information - The registered direct offering is being made pursuant to a shelf registration statement on Form F-3, which was previously filed and declared effective by the U.S. Securities and Exchange Commission on March 1, 2024 [8].

Group 1 - Univest Securities, LLC acted as the sole placement agent for Lichen China Limited's registered direct offering [1][8] - Lichen China Limited is a dedicated financial and taxation service provider with over 18 years of experience in the industry [6][10] - The registered direct offering was conducted under a shelf registration statement previously filed with the SEC, which was declared effective on March 1, 2024 [9] Group 2 - The offering involved the sale of an aggregate of 20,000,000 shares of Class A ordinary shares at a purchase price of $0.14 per share, resulting in gross proceeds of approximately $2.8 million for the company [4][12] - The purchase price for pre-funded warrants was identical to the purchase price for shares, less the exercise price of $0.001 per share [4] - The final prospectus supplement and accompanying prospectus detailing the terms of the offering were filed with the SEC and are available on their website [9]

Company Overview - Lichen China Limited is a dedicated financial and taxation service provider in China, focusing on financial and taxation solution services, education support services, and software and maintenance services under its "Lichen" brand [4] Recent Developments - The company has entered into a definitive agreement for the purchase and sale of 20,000,000 Class A ordinary shares at a purchase price of $0.14 per share, which is expected to generate approximately $2.8 million in gross proceeds [1][6] - The transaction is anticipated to close on or about December 27, 2024, subject to customary closing conditions [6] Offering Details - The offering is being conducted as a registered direct offering under a shelf registration statement previously filed and declared effective by the U.S. Securities and Exchange Commission on March 1, 2024 [7] - Univest Securities, LLC is acting as the sole placement agent for this offering [2]

Core Viewpoint - Lichen China Limited is set to launch a new AI large-scale model for finance, taxation, and law in collaboration with JD Technology, aiming to enhance management efficiency for enterprises and serve over one million users within a year of its release [1][3]. Group 1: Company Overview - Lichen China Limited specializes in providing financial and taxation solution services, education support services, and software maintenance services under the "Lichen" brand [4]. - The company has over 18 years of experience in the financial and taxation solution services industry, establishing a reputation for delivering professional and high-quality services in China [4]. Group 2: Partnership and Development - In October 2024, the company entered into a cooperation framework agreement with JD Technology at JD's headquarters in Beijing, focusing on developing a new AI model leveraging both companies' technologies [2]. - JD Technology, a business group under JD.com, aims to serve governmental and corporate clients through technological advancements [2]. Group 3: Product Launch and Expectations - The new AI model is expected to assist financial personnel and entrepreneurs by addressing routine questions and enhancing management efficiency in finance, taxation, and law [3]. - The product will be available through JD Technology for merchants on JD Mall and is anticipated to reach over one million users within one year post-launch [3].

Core Viewpoint - Univest Securities, LLC has successfully closed a registered direct offering for Lichen China Limited, raising approximately $2.7 million through the sale of 15 million shares at a price of $0.18 per share [1][3][2]. Group 1: Offering Details - The offering involved the sale of 15,000,000 shares of Class A ordinary shares at a purchase price of $0.18 per share, with pre-funded warrants available at the same price minus an exercise price of $0.001 per share [2]. - The total gross proceeds from the offering amounted to approximately $2.7 million [3]. Group 2: Company Background - Lichen China Limited specializes in providing financial and taxation solution services, education support services, and software maintenance services under the "Lichen" brand, with over 18 years of experience in the industry [8]. - The company has established a strong reputation for delivering professional and high-quality financial and taxation services in China [8]. Group 3: Placement Agent - Univest Securities, LLC acted as the sole placement agent for the offering [4].