Lichen International Ltd. Settles Debt with CEO Ya Li
Ticker: LICN · Form: 6-K · Filed: Sep 10, 2025 · CIK: 1876766
| Field | Detail |
|---|---|
| Company | Lichen International LTD (LICN) |
| Form Type | 6-K |
| Filed Date | Sep 10, 2025 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $297,000, $4.57 |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt-settlement, insider-transaction, management
Related Tickers: LICH
TL;DR
Lichen Intl. (LICH) settled debt with CEO Ya Li on Aug 27. Cleaned up balance sheet.
AI Summary
On August 27, 2025, Lichen International Ltd. entered into a debt settlement and mutual release agreement with its CEO, Chairman, and Director, Mr. Ya Li. The agreement resolves outstanding debt obligations between the parties.
Why It Matters
This agreement clarifies the financial relationship between the company and its top executive, potentially improving financial transparency and stability.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of a debt settlement between a company and its CEO, which is a common and generally low-risk event.
Key Players & Entities
- Lichen International Ltd. (company) — Registrant
- Mr. Ya Li (person) — CEO, Director, and Chairman
- August 27, 2025 (date) — Date of Agreement
FAQ
What was the nature of the debt settlement agreement between Lichen International Ltd. and Mr. Ya Li?
The agreement was a debt settlement and mutual release, resolving outstanding debt obligations between the Company and Mr. Ya Li.
When was the debt settlement and mutual release agreement entered into?
The agreement was entered into on August 27, 2025.
Who is Mr. Ya Li in relation to Lichen International Ltd.?
Mr. Ya Li is the Chief Executive Officer, Director, and Chairman of Lichen International Ltd.
Does Lichen International Ltd. file annual reports on Form 20-F or 40-F?
Lichen International Ltd. files annual reports under cover of Form 20-F.
What is the principal executive office address of Lichen International Ltd.?
The principal executive office is located at 15th Floor, Xingang Square, Hubin North Road, Siming District, Xiamen City, Fujian Province, China, 361013.
Filing Stats: 445 words · 2 min read · ~1 pages · Grade level 12.6 · Accepted 2025-09-10 06:06:48
Key Financial Figures
- $297,000 — amount of RMB 2,129,544 (approximately $297,000) in compensation for the period from Ja
- $4.57 — y (the “Shares”), valued at $4.57 per share, which was approximately 102%
Filing Documents
- lichen6k091025.htm (6-K) — 12KB
- lichenex10-1.htm (EX-10.1) — 18KB
- 0001185185-25-001161.txt ( ) — 32KB
From the Filing
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month ended September 2025 Commission File No. 001-41493 LICHEN INTERNATIONAL LTD (Translation of registrant’s name into English) 15th Floor, Xingang Square, Hubin North Road, Siming District, Xiamen City, Fujian Province, China, 361013 (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F Form 20-F Form 40-F On August 27, 2025, Lichen International Limited (the “Company”) entered into a debt settlement and mutual release agreement (the “Agreement”) with Mr. Ya Li, the Chief Executive Officer, Director and Chairman of the Board of the Company. As of the date of the Agreement, the Company was indebted to Mr. Li accrued but unpaid salary in the amount of RMB 2,129,544 (approximately $297,000) in compensation for the period from January 2025 to June 2025 (the “Debt”). In order to settle the Debt, the Company agreed to issue, and Mr. Li agreed to accept 65,000 Class B ordinary shares of the Company (the “Shares”), valued at $4.57 per share, which was approximately 102% of the average closing bid price of the Company’s Class A ordinary shares during the five trading days immediately prior to the date of the Agreement (the “Settlement”). On August 27, 2025, pursuant to the Agreement, the Company issued the Shares to Mr. Li. The execution and delivery of the Agreement and the issuance of the Shares were made pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended and Regulations S promulgated thereunder. The foregoing description of the Agreement is qualified in its entirety by reference to the provisions of the Agreement filed as Exhibit 10.1 to this report, which are incorporated by reference herein. This report on Form 6-K is incorporated by reference into the Company’s Registration Statement on Form S-8 filed with the Securities and Exchange Commission on October 18, 2023 (Registration No. 333-275086) and the Company’s Registration with the Securities and Exchange Commission on February 21, 2024 (Registration No. 333-277230). 1 SIGNATURE 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 hereunto duly authorized. Lichen International Limited Date: September 10, 2025 By: /s/ Ya Li Name: Ya Li Title Chief Executive Officer 2 EXHIBIT INDEX Exhibit No. Description 10.1 Debt Settlement Agreement by and between the Company and Ya Li, dated August 27, 2025 3