Lichen China Ltd. Announces Registered Direct Offering
Ticker: LICN · Form: 6-K · Filed: Jan 3, 2025 · CIK: 1876766
| Field | Detail |
|---|---|
| Company | Lichen China LTD (LICN) |
| Form Type | 6-K |
| Filed Date | Jan 3, 2025 |
| Risk Level | medium |
| Pages | 8 |
| Reading Time | 10 min |
| Key Dollar Amounts | $0.00004, $0.14, $0.139, $2.8 million, $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: offering, capital-raise, foreign-issuer
TL;DR
LICHEN CHINA LTD RAISING CASH VIA DIRECT OFFERING TO INSTITUTIONAL INVESTORS.
AI Summary
Lichen China Limited announced a registered direct offering on December 26, 2024, entering into a securities purchase agreement with certain institutional investors. The filing is a Report of Foreign Private Issuer for the month of January 2025.
Why It Matters
This filing indicates the company is raising capital through a direct offering, which could impact its financial structure and future operations.
Risk Assessment
Risk Level: medium — Direct offerings can dilute existing shareholders and signal a need for capital, potentially impacting stock price.
Key Players & Entities
- Lichen China Limited (company) — Registrant
- December 26, 2024 (date) — Date of securities purchase agreement
- January 2025 (date) — Reporting period for the 6-K
FAQ
What is the purpose of the registered direct offering?
The filing does not specify the exact purpose of the registered direct offering, only that a securities purchase agreement was entered into with certain institutional investors on December 26, 2024.
Who are the institutional investors involved in the offering?
The filing refers to 'certain institutional investors' but does not name them specifically.
What is the total amount of capital expected to be raised in the offering?
The filing does not disclose the total dollar amount of the registered direct offering.
When did Lichen China Limited file this Form 6-K?
This Form 6-K was filed on January 3, 2025.
What is Lichen China Limited's principal executive office address?
The principal executive offices are located at 15th Floor, Xingang Square, Hubin North Road, Siming District, Xiamen City, Fujian Province, China, 361013.
Filing Stats: 2,412 words · 10 min read · ~8 pages · Grade level 14.7 · Accepted 2025-01-03 16:30:03
Key Financial Figures
- $0.00004 — hares”) of the Company, par value $0.00004 per share (the “First Closing Sha
- $0.14 — Shares”), at a purchase price of $0.14 per share; and (ii) pre-funded warrants
- $0.139 — Warrants”) at a purchase price of $0.139 per First Closing Pre-Funded Warrant.
- $2.8 million — 024. The Company received approximately $2.8 million in gross proceeds from December 26 Regi
- $0.001 — Ordinary Share at an exercise price of $0.001 per share. The First Closing Pre-Funded
- $50,000 — ect Offering in an amount not to exceed $50,000. December 29, 2024 Registered Direct
- $0.125 — Shares”), at a purchase price of $0.125 per share; and (ii) pre-funded warrants
- $0.124 — Warrants”) at a purchase price of $0.124 per Second Closing Pre-Funded Warrant.
- $3.1 million — 024. The Company received approximately $3.1 million in gross proceeds from December 29 Regi
- $2.8 Million — d “Lichen China Limited Announces $2.8 Million Registered Direct Offering” is fu
- $3.1 Million — d “Lichen China Limited Announces $3.1 Million Registered Direct Offering” is fu
Filing Documents
- ea0226714-6k_lichen.htm (6-K) — 50KB
- ea022671401ex4-1_lichen.htm (EX-4.1) — 90KB
- ea022671401ex4-2_lichen.htm (EX-4.2) — 90KB
- ea022671401ex5-1_lichen.htm (EX-5.1) — 79KB
- ea022671401ex5-2_lichen.htm (EX-5.2) — 24KB
- ea022671401ex5-3_lichen.htm (EX-5.3) — 80KB
- ea022671401ex5-4_lichen.htm (EX-5.4) — 19KB
- ea022671401ex10-1_lichen.htm (EX-10.1) — 86KB
- ea022671401ex10-2_lichen.htm (EX-10.2) — 205KB
- ea022671401ex10-3_lichen.htm (EX-10.3) — 125KB
- ea022671401ex10-4_lichen.htm (EX-10.4) — 205KB
- ea022671401ex99-1_lichen.htm (EX-99.1) — 10KB
- ea022671401ex99-2_lichen.htm (EX-99.2) — 10KB
- ex5-1_001.jpg (GRAPHIC) — 4KB
- ex5-2_001.jpg (GRAPHIC) — 7KB
- ex5-3_001.jpg (GRAPHIC) — 4KB
- ex5-4_001.jpg (GRAPHIC) — 8KB
- 0001213900-25-000801.txt ( ) — 1106KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Lichen China Limited By: /s/ Ya Li Name: Ya Li Title: Chief Executive Officer Date: January 3. 2025 6