Company: LICN
Filing Date: 2025-01-29
Form Type: 424B5
Source: 0001213900-25-007741
Chunk: 148

Company: Lichen International Ltd
Filing Date: 2025-01-29
Form: 424B5
Chunk 148
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-third of the outstanding issued shares carrying the right to vote at such general meeting. If, within half an hour
from the time appointed for the meeting, a quorum is not present, the meeting, if convened upon the requisition of shareholders,
shall be dissolved. In any other case, it shall stand adjourned to the same day in the next week at the same time and place or to
such other time or such other place as the directors may determine, and if at the adjourned meeting a quorum is not present within
half an hour from the time appointed for the meeting, the shareholders present shall be a quorum and may transact the business for
which the meeting was called. The chairman, if any, of our Board of Directors shall preside as chairman at every general meeting of
the Company, or if there is no such chairman, or if he shall not be present within fifteen minutes after the time appointed for the
holding of the general meeting, or is unwilling to act, the directors present shall elect one of their number to be chairman of the
general meeting.

Meetings of directors

Subject to the Cayman Islands Companies Act and
the amended and restated articles of association of our company, the management of our company is entrusted to our Board of Directors,
who will make decisions by voting on resolutions of directors. At any meeting of directors, a quorum will be present if two directors
are present, unless otherwise fixed by the directors. If there is a sole director, that director shall be a quorum. A director and his
appointed alternate director shall be considered as only one person for the purpose of calculating quorum. An alternate director or proxy
appointed by a director shall be counted in a quorum at a meeting at which the director appointing him is not present. An action that
may be taken by the directors at a meeting may also be taken by a resolution of directors consented to in writing by all of the directors.

Pre-emptive rights

There are no pre-emptive rights applicable to
the issue by us of Class A ordinary shares under either Cayman Islands law or our amended and restated memorandum and articles of
association.

Conversion

Each Class B ordinary share is convertible into
one Class A ordinary share at any time at the option of the holder thereof. Class A ordinary shares are not convertible into Class B ordinary
shares under any circumstances.

Transfer of Ordinary Shares

Subject to the restrictions in our amended and
restated memorandum and articles of