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Stock impact report

Univest Securities, LLC Announces Closing of $2.7 Million Registered Direct Offering for its Client Lichen China Limited (NASDAQ: LICN) [Yahoo! Finance]

Lichen China Limited - Class A Ordinary Shares (LICN) 
Company Research Source: Yahoo! Finance
New York, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Univest Securities, LLC (“Univest”), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the closing of registered direct offering (the “Offering”) for its client Lichen China Limited (NASDAQ: LICN) (the “Company”), a dedicated financial and taxation service provider. Under the terms of the securities purchase agreement, the Company has agreed to sell to several investors an aggregate of 15,000,000 shares of Company's Class A ordinary share, par value $0.00004 per share (the "Shares") (or pre-funded warrants in lieu thereof) at a purchase price of $0.18 per share in the offering. The purchase price for the pre-funded warrants is identical to the purchase price for Shares, less the exercise price of $0.001 per share. The aggregate gross proceeds to the Company was approximately $2.7 million. Univest Securities, LLC acted as the sole placement agent. The r Show less Read more
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