Company: LICN
Filing Date: 2025-01-29
Form Type: 424B5
Source: 0001213900-25-007741
Chunk: 53

Company: Lichen International Ltd
Filing Date: 2025-01-29
Form: 424B5
Chunk 53
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restated memorandum and articles of association and applicable securities laws, any of our shareholders may transfer all or any of his
or her Class A ordinary shares or Class B ordinary shares by written instrument of transfer signed by the transferor and containing the
name and address of the transferee. Our Board of Directors may resolve by resolution to refuse or delay the registration of the transfer
of any Class A ordinary shares or Class B ordinary shares without giving any reason.

<div align='center'>S-23</div>

Winding Up

On a return of capital on winding up or otherwise
(other than on conversion, redemption or purchase of shares), assets available for distribution among the holders of ordinary shares shall
be distributed among the holders of our shares in proportion to the capital paid up. If our assets available for distribution are insufficient
to repay all of the paid-up capital, the assets will be distributed so that the losses are borne by our shareholders in proportion to
the capital paid up.

Calls on Ordinary Shares and forfeiture of Ordinary Shares

Our Board of Directors may from time to time make
calls upon shareholders for any amounts unpaid on their ordinary shares in a notice served to such shareholders at least 14 days prior
to the specified time of payment provided that no call shall be payable at less than one month from the date fixed for the payment of
the last preceding call. The ordinary shares that have been called upon and remain unpaid are subject to forfeiture if the call remains
unpaid after a second notice by the directors in accordance with the amended and restated articles of association.

Repurchase of Shares

The Cayman Islands Companies Act and our amended
and restated memorandum and articles of association permit us to purchase our own shares, subject to certain restrictions and requirements.
Our directors may only exercise this power on our behalf, subject to the Cayman Islands Companies Act, our amended and restated memorandum
and articles of association and to any applicable requirements imposed from time to time by the Nasdaq, the Securities and Exchange Commission,
or by any other recognized stock exchange on which our securities are listed.

Provided the necessary shareholders and board
approval have been obtained, we may issue shares on terms that are subject to redemption, at our option or at the option of the holders
of these shares, on such terms and in such manner, provided the requirements under the Cayman Islands Companies Act have been satisfied.
Under the Cayman Islands Companies Act, the repurchase of any share may be paid out of our company’s profits, out of the share premium