Lichen China Limited Announces $3.1 Million Registered Direct Offering

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].