Company: LICN
Filing Date: 2025-04-29
Form Type: 20-F
Source: 0001213900-25-036244
Chunk: 94

Company: Lichen International Ltd
Filing Date: 2025-04-29
Form: 20-F
Item: Item 16G
Chunk 94
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Item
16G. Corporate Governance

As
a company listed on the Nasdaq Capital Market, we are subject to the Nasdaq corporate governance listing standards. However, Nasdaq rules
permit a foreign private issuer like us to follow the corporate governance practices of its home country. Certain corporate governance
practices in the Cayman Islands, which is our home country, may differ significantly from the Nasdaq corporate governance listing standards.

Currently, we do not plan
to rely on home country practice with respect to our corporate governance. However, to the extent we choose to follow home country practice
in the future, our shareholders may be afforded less protection than they otherwise would under the Nasdaq corporate governance listing
standards applicable to U. S. domestic issuers. See “ Item 3. D. Risk Factors-Risks Relating to Our Class A Ordinary Share- Because
we are a foreign private issuer and are exempt from certain Nasdaq corporate governance standards applicable to U. S. issuers, you will
have less protection than you would have if we were a domestic issuer. ”

Item
16H. Mine Safety Disclosure