Company: LICN
Filing Date: 2025-12-02
Form Type: F-3
Source: 0001185185-25-001892
Chunk: 22

Company: Lichen International Ltd
Filing Date: 2025-12-02
Form: F-3
Chunk 22
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 securities if it is later 
 determined that the PCAOB is unable to inspect or investigate completely our auditor because of a position taken by an authority in a 
 foreign jurisdiction.” See page 32.                                                                                                   |

<div align='center'>4</div>

| ● | “The                                                                                                                                 
 U.S. Holding Foreign Companies Accountable Act, the recent joint statement by the SEC and PCAOB, and proposed rule changes submitted 
 by Nasdaq, could result in prohibition of trading of our securities on Nasdaq or any other U.S. securities exchange.” See page       
 31.                                                                                                                                  |

| ● | “The                                                                                                                                 
 approval of the China Securities Regulatory Commission may be required in connection with this offering, and, if required, we cannot 
 predict whether we will be able to obtain such approval.” See page 33.                                                               |

| ● | “To                                                                                                                                           
 the extent cash or assets in the business is in the PRC or Hong Kong or a PRC or Hong Kong entity, the funds or assets may not be available   
 to fund operations or for other use outside of the PRC or Hong Kong due to interventions in or the imposition of restrictions and limitations 
 on the ability of us or our subsidiaries by the PRC government to transfer cash or assets.” See page 25.                                      |

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 completion of our initial public offering completed, (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