Lichen China receives Nasdaq notice of non-compliance
Nasdaq Notification: Lichen China received a notification from Nasdaq indicating that its ordinary shares have been below the $1.00 minimum closing bid price requirement for 30 consecutive business days.
Listing Rule Violation: This situation puts the company at risk of being delisted under Nasdaq Listing Rule 5550(a)(2).
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Why Coinbase Global Shares Are Trading Higher By Over 9%; Here Are 20 Stocks Moving Premarket
Coinbase Inclusion in S&P 500: Coinbase Global, Inc. shares surged by 9.2% in pre-market trading after the announcement that it will replace Discover Financial Services in the S&P 500 index, effective May 19.
Pre-Market Stock Movements: Various stocks experienced significant fluctuations in pre-market trading, with Lichen International Limited rising 133.6% and Polyrizon Ltd. plummeting 92%.
Lichen China Limited Acquires Remaining Equity in Bondly Enterprises to Strengthen AI Development and Business Integration
Acquisition Details: Lichen China Limited has completed the acquisition of the remaining 40% equity in Bondly Enterprises Limited for US$5,330,000, making Bondly a wholly-owned subsidiary and enhancing Lichen China's capabilities in AI and technology.
Strategic Importance: This acquisition is part of Lichen China's strategy to integrate advanced technologies and AI solutions into its operations, aiming for significant revenue growth and improved competitive edge in the financial and taxation sectors.
Univest Securities, LLC Announces Closing of $3.4 Million Registered Direct Offering for its Client Lichen China Limited (NASDAQ: LICN)
Offering Details: Univest Securities, LLC announced a registered direct offering for Lichen China Limited, involving the sale of 42.5 million shares at $0.08 per share, generating approximately $3.4 million in gross proceeds.
Company Background: Lichen China Limited specializes in financial and taxation services and has established a strong reputation in the industry over its 18 years of operation.
Lichen China Limited Announces $3.4 Million Registered Direct Offering
Lichen China Limited Offering: Lichen China Limited has announced a registered direct offering of 42,500,000 Class A ordinary shares at $0.08 per share, expecting gross proceeds of approximately $3.4 million, with the transaction set to close around January 29, 2025.
Company Background: The company specializes in financial and taxation services in China and has built a strong reputation over 18 years for providing professional and high-quality solutions under its "Lichen" brand.
Lichen China Limited Launches Pre-Funded Share Purchase Warrant
Lichen China Ltd. Update: Lichen China Limited has issued a pre-funded Class A ordinary share purchase warrant, allowing investors to buy shares at a nominal price, aimed at enhancing market engagement and liquidity.
Stock Performance Overview: The company's year-to-date price performance is 2.22%, with an average trading volume of approximately 11.95 million and a current market cap of $16.03 million, receiving a consensus rating of "Buy."
Univest Securities, LLC Announces Closing of $3.1 Million Registered Direct Offering for its Client Lichen China Limited (NASDAQ: LICN)
Offering Details: Univest Securities, LLC announced the closing of a registered direct offering for Lichen China Limited, selling 25 million shares at $0.125 each, resulting in gross proceeds of approximately $3.1 million.
Company Background: Lichen China Limited specializes in financial and taxation services, having established a strong reputation in the industry over its 18 years of operation.
Why Coinbase Global Shares Are Trading Higher By Over 9%; Here Are 20 Stocks Moving Premarket
Coinbase Inclusion in S&P 500: Coinbase Global, Inc. shares surged by 9.2% in pre-market trading after the announcement that it will replace Discover Financial Services in the S&P 500 index, effective May 19.
Pre-Market Stock Movements: Various stocks experienced significant fluctuations in pre-market trading, with Lichen International Limited rising 133.6% and Polyrizon Ltd. plummeting 92%.
Lichen China Limited Acquires Remaining Equity in Bondly Enterprises to Strengthen AI Development and Business Integration
Acquisition Details: Lichen China Limited has completed the acquisition of the remaining 40% equity in Bondly Enterprises Limited for US$5,330,000, making Bondly a wholly-owned subsidiary and enhancing Lichen China's capabilities in AI and technology.
Strategic Importance: This acquisition is part of Lichen China's strategy to integrate advanced technologies and AI solutions into its operations, aiming for significant revenue growth and improved competitive edge in the financial and taxation sectors.
Univest Securities, LLC Announces Closing of $3.4 Million Registered Direct Offering for its Client Lichen China Limited (NASDAQ: LICN)
Offering Details: Univest Securities, LLC announced a registered direct offering for Lichen China Limited, involving the sale of 42.5 million shares at $0.08 per share, generating approximately $3.4 million in gross proceeds.
Company Background: Lichen China Limited specializes in financial and taxation services and has established a strong reputation in the industry over its 18 years of operation.
Lichen China Limited Announces $3.4 Million Registered Direct Offering
Lichen China Limited Offering: Lichen China Limited has announced a registered direct offering of 42,500,000 Class A ordinary shares at $0.08 per share, expecting gross proceeds of approximately $3.4 million, with the transaction set to close around January 29, 2025.
Company Background: The company specializes in financial and taxation services in China and has built a strong reputation over 18 years for providing professional and high-quality solutions under its "Lichen" brand.
Lichen China Limited Launches Pre-Funded Share Purchase Warrant
Lichen China Ltd. Update: Lichen China Limited has issued a pre-funded Class A ordinary share purchase warrant, allowing investors to buy shares at a nominal price, aimed at enhancing market engagement and liquidity.
Stock Performance Overview: The company's year-to-date price performance is 2.22%, with an average trading volume of approximately 11.95 million and a current market cap of $16.03 million, receiving a consensus rating of "Buy."
Univest Securities, LLC Announces Closing of $3.1 Million Registered Direct Offering for its Client Lichen China Limited (NASDAQ: LICN)
Offering Details: Univest Securities, LLC announced the closing of a registered direct offering for Lichen China Limited, selling 25 million shares at $0.125 each, resulting in gross proceeds of approximately $3.1 million.
Company Background: Lichen China Limited specializes in financial and taxation services, having established a strong reputation in the industry over its 18 years of operation.
