Company: LICN
Filing Date: 2025-12-02
Form Type: F-3
Source: 0001185185-25-001892
Chunk: 21

Company: Lichen International Ltd
Filing Date: 2025-12-02
Form: F-3
Chunk 21
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 or for how long we will be able to complete the filing procedure with the CSRC and obtain such approval or complete such 
 filing, as applicable.” See page 15.                                                                                                     |

| ● | “Any                                                                                                                                         
 actions by the Chinese government to exert more oversight and control over offerings that are conducted overseas and foreign investment      
 in China-based issuers could significantly limit or completely hinder our ability to offer or continue to offer our ordinary shares to       
 investors and cause the value of our ordinary shares to significantly decline or be worthless. The M&A Rules and certain other PRC           
 regulations establish complex procedures for some acquisitions of Chinese companies by foreign investors, which could make it more difficult 
 for us to pursue growth through acquisitions in China.” See page 17.                                                                         |

| ● | “There                                                                                                                               
 are significant legal and other obstacles to obtaining information needed for shareholder investigations or litigation outside China 
 or otherwise with respect to foreign entities.” See page 18.                                                                         |

| ● | “PRC                                                                                                                                        
 regulation of loans to, and direct investments in, PRC entities by offshore holding companies may delay or prevent us from using proceeds   
 from this offering and/or future financing activities to make loans or additional capital contributions to our PRC operating subsidiaries.” 
 See page 18.                                                                                                                                |

| ● | “We                                                                                                                                   
 must remit the offering proceeds to China before they may be used to benefit our business in China, and this process may take several 
 months to complete.” See page 19.                                                                                                     |

| ● | “PRC                                                                                                                                    
 regulation of loans to and direct investment in PRC entities by offshore holding companies to PRC entities may delay or prevent us from 
 making loans or additional capital contributions to our PRC operating subsidiaries.” See page 20.                                       |

| ● | “Adverse                                                                                                                             
 changes in political and economic policies of the PRC government could have a material adverse effect on the overall economic growth 
 of China, which could reduce the demand for our products and services and materially and adversely affect our competitive position.” 
 See page 20.                                                                                                                         |

| ● | “We                                                                                                                                      
 may become subject to a variety of laws and regulations in the PRC regarding privacy, data security, cybersecurity, and data protection. 
 We may be liable for improper use or appropriation of personal information provided by our customers.” See page 27.                      |

| ● | “Trading                                                                                                                              
 in our securities may be prohibited under the HFCAA and as a result an exchange may determine to delist our