Company: LICN
Filing Date: 2025-04-29
Form Type: 20-F
Source: 0001213900-25-036244
Chunk: 132

Company: Lichen International Ltd
Filing Date: 2025-04-29
Form: 20-F
Item: Item 19
Chunk 132
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 an unrelated third party to the Company (collectively, the “ Purchasers”).
Pursuant to the Securities Purchase Agreements, the Purchasers agreed to subscribe for and purchase, and the Company agreed to issue and
sell to the Purchasers, an aggregate of10,380,000Class A ordinary shares, par value $0.00004per share (the “ Class A Ordinary
Shares”), at a purchase price of $0.70per share, and for an aggregate purchase price of $7,266,000 (the “ Offering”).
The Offering closed on May 2, 2024. The Company received gross proceeds of approximately $7,266,000 from the issuance and sale of the
Class A Ordinary Shares, before deducting the estimated offering expenses payable by the Company.

On November 8, 2024, the Company issued an aggregate
of1,150,000Class A ordinary shares of the Company to certain employees and consultant for their services with par value of $0.00004per share.

On December 12, 2024, the Company entered into
a securities purchase agreement (the “ Purchase Agreement”) with certain institutional investors (collectively, the “ Purchasers”).
Pursuant to the Securities Purchase Agreements, the Purchasers agreed to subscribe for and purchase, and the Company agreed to issue and
sell to the Purchasers, an aggregate of15,000,000Class A ordinary shares, par value $0.00004per share (the “ Class A Ordinary
Shares”), at a purchase price of $0.18per share, and for an aggregate purchase price of $ $2,700,000 (the “ Offering”).
The Offering closed on December 13, 2024. The Company received net proceeds of approximately $2,426,000 from the issuance and sale of
the Class A Ordinary Shares, after deducting the estimated offering expenses payable by the Company.

On December 26, 2024, the Company entered into
a securities purchase agreement (the “ Purchase Agreement”) with certain institutional investors (collectively, the “ Purchasers”).
Pursuant to the Securities Purchase Agreements, the Purchasers agreed to subscribe for and purchase, and the Company agreed to issue and
sell to the Purchasers, an aggregate of20,000,000Class A ordinary shares, par value $0.00004per share (the “ Class A Ordinary
Shares”), at a purchase price of $0.14per share, and