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Lichen China prices IPO

Lichen China Limited announced pricing for its initial public offering of 4 million Class A common shares at a public offering price of $4.00 per Class A common share. The Company anticipates total gross proceeds of $16 million from the offering, before deducting subscription discounts and other related costs. In addition, the Company has granted the underwriters a 45-day option to purchase up to 600,000 additional Class A common shares at the public offering price, less subscription discounts.

The Class A common shares have been admitted to listing on the Nasdaq Capital Market and are expected to begin trading on February 6, 2023 under the ticker LICN.

Offer expected to end on or about February 8, 2023.

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