Company: LICN
Filing Date: 2025-04-29
Form Type: 20-F
Source: 0001213900-25-036244
Chunk: 62

Company: Lichen International Ltd
Filing Date: 2025-04-29
Form: 20-F
Item: Item 10
Chunk 62
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 of the shares of that class, be deemed to be varied by the creation or issue of further shares ranking pari passu with such existing
class of shares.

Changes in the number of shares we are authorized
to issue and those in issue

We may from time to time by
resolution of shareholders in the requisite majorities:

  amend our amended and restated                                                                                                           
  memorandum of association to increase the authorized share capital of our Company or cancel any shares which at the date of the passing  
  of the resolution have not been taken or agreed to be taken by any person;                                                               
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────

  subdivide our authorized and                       

  consolidate our authorized and                  

Inspection of Books and Records

Holders of our Ordinary Shares
will have no general right under Cayman Islands law to inspect or obtain copies of our register of members or our corporate records. However,
we will provide our shareholders with annual audited financial statements.

Rights of Non-Resident or Foreign Shareholders

There are no limitations imposed
by our amended and restated memorandum and articles of association on the rights of non-resident or foreign shareholders to hold or exercise
voting rights on our shares. In addition, there are no provisions in our amended and restated memorandum and articles of association governing
the ownership threshold above which shareholder ownership must be disclosed.

Issuance of additional Ordinary Shares

Our amended and restated memorandum
and articles of association authorizes our Board of Directors to issue additional ordinary shares from time to time as our Board of Directors
shall determine, to the extent that there are sufficient authorized but unissued shares.

Exempted Company

We are an exempted company
with limited liability under the Cayman Islands Companies Act. The Cayman Islands Companies Act distinguishes between ordinary resident
companies and exempted companies. Any company that is registered in the Cayman Islands but conducts business mainly outside of the Cayman
Islands may apply to be registered as an exempted company. An exempted company shall not trade in the Cayman Islands with any person,
firm or corporation except in furtherance of the business of the exempted company carried on outside the Cayman Islands. An exempted company:

  does not have to file an annual                              

  is not required to open its          

  does not have to hold an annual  

  is prohibited from making any                                                                                                          

  may issue bearer shares or shares  
  with no