Company: LICN
Filing Date: 2025-04-29
Form Type: 20-F
Source: 0001213900-25-036244
Chunk: 59

Company: Lichen International Ltd
Filing Date: 2025-04-29
Form: 20-F
Item: Item 10
Chunk 59
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Item
10. Additional Information

10. A. Share capital

Not applicable for annual
reports on Form 20-F.

10. B. Memorandum and articles of association

The following are summaries
of the material provisions of our amended and restated memorandum and articles of association and the Companies Act (as revised), insofar
as they relate to the material terms of our Class A Ordinary Shares. They do not purport to be complete. Reference is made to our amended
and restated memorandum and articles of association, a copy of which is filed as an exhibit to the annual report (and which is referred
to in this section as, respectively, the “memorandum” and the “articles”).

Meetings of Shareholders

Any of our directors may convene
general meetings of shareholders at such times and in such manner and places within or outside the Cayman Islands as the director considers
necessary or desirable. The director convening a general meeting shall give at least five days’ notice of the general meeting to
those shareholders whose names on the date the notice is given appear as members in the register of members of the Company and are entitled
to vote at the meeting, and each of the Company’s directors. Our Board of Directors must convene a general meeting upon the written
request of one or more shareholders holding no less than 10% of the Company’s paid-up capital as at the date of the deposit of the
requisition carries the right of voting at general meetings of the Company.

No business may be
transacted at any general meeting unless a quorum is present at the time the meeting proceeds to business. Two shareholders present
in person or by proxy shall be a quorum. For so long as any shares are listed on the Nasdaq Capital Market (and any other stock
exchange on which the Company’s shares are listed for trading), one or more shareholders holding shares that represent not
less than one-third of the outstanding issued shares carrying the right to vote at such general meeting shall be a quorum. 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