Company: LICN
Filing Date: 2025-01-29
Form Type: 424B5
Source: 0001213900-25-007741
Chunk: 20

Company: Lichen International Ltd
Filing Date: 2025-01-29
Form: 424B5
Chunk 20
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 our existing Operating Subsidiaries or any newly formed ones incur debt on their own behalf in the future, the instruments governing their debt may restrict their ability to pay dividends to us. Implications of Being an Emerging Growth Company We qualify as and elect to be an “emerging growth company” as defined in the Jumpstart our Business Startups Act of 2012, or the JOBS Act. An emerging growth company may take advantage of specified reduced reporting and other burdens that are otherwise applicable generally to public companies. These provisions include, but not limited to:

| ● | Reduced                                                                                                                      
 disclosure about the emerging growth company’s executive compensation arrangements in our periodic reports, proxy statements 
 and registration statements; and                                                                                             |

| ● | an                                                                                                                                
 exemption from the auditor attestation requirement in the assessment of our internal control over financial reporting pursuant to 
 the Sarbanes-Oxley Act of 2002.                                                                                                   |

We will remain an “emerging growth company” until the earliest to occur of (i) the last day of the fiscal year (a) following the fifth anniversary of the closing of the Business Combination, (b) in which we have total annual gross revenue of at least $1.235 billion or (c) in which we are deemed to be a large accelerated filer, which means the market value of equity securities held by our non-affiliates exceeds $700 million as of the last business day of our prior second fiscal quarter, and (ii) the date on which we have issued more than $1.0 billion in non-convertible debt during the prior three-year period. Implication of Being a Foreign Private Issuer We are a foreign private issuer within the meaning of the rules under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). As such, we are exempt from certain provisions applicable to United States domestic public companies. For example:

| ● | we                                                                                                                                   
 are not required to provide as many Exchange Act reports or provide periodic and current reports as frequently, as a domestic public 
 company;                                                                                                                             |

| ● | for                                                                                                                                  
 interim reporting, we are permitted to comply solely with our home country requirements, which are less rigorous than the rules that 
 apply to domestic public companies;                                                                                                  |

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| ● | we                                                                                                          
 are not required to provide the same level of disclosure on certain issues, such as executive compensation; |

| ● | we                                                                                                                                 
 are exempt from provisions of Regulation