LICN

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.

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 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 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."

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.

Lichen China Limited Offering: Lichen China Limited has announced a definitive agreement to sell 25 million Class A ordinary shares at $0.125 per share, aiming for gross proceeds of approximately $3.1 million, with the transaction expected to close by December 31, 2024.

Company Background: The company specializes in financial and taxation services in China and has over 18 years of experience in providing high-quality professional services under its "Lichen" brand.

Offering Details: Univest Securities, LLC announced the closing of a registered direct offering for Lichen China Limited, selling 20 million shares at $0.14 each, resulting in approximately $2.8 million in gross proceeds.

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.

Investment Agreement: Lichen China (LICN) Limited has entered into a definitive agreement to sell 20 million Class A ordinary shares at 14 cents per share, aiming for gross proceeds of approximately $2.8 million, with the transaction expected to close around December 27.

Placement Agent: Univest Securities is serving as the sole placement agent for this registered direct offering.

Lichen China Limited Offering: Lichen China Limited has entered into an agreement to sell 20 million Class A ordinary shares at $0.14 per share, expecting gross proceeds of approximately $2.8 million from the registered direct offering, which is set to close around December 27, 2024.

Company Background: The company specializes in financial and taxation services in China and has over 18 years of experience in providing high-quality professional services under its "Lichen" brand.

Zoomcar Holdings Performance: Zoomcar Holdings, Inc. saw a significant 142% increase in its shares to $3.46 during pre-market trading, attributed to a 43% year-on-year growth in bookings for November 2024, driven by heightened demand from the wedding season.

Market Movements: Several stocks experienced notable fluctuations in pre-market trading, with SciSparc Ltd. gaining 161% and Hour Loop, Inc. dropping 30.5%, reflecting a volatile market environment following previous gains.

AI Model Launch: Lichen China Limited has announced the trial operation of a new AI large-scale model for finance, taxation, and law, developed in collaboration with JD Technology, set to begin at the end of December 2024.

User Impact: The AI model aims to assist over one million users, including financial personnel and entrepreneurs, by enhancing management efficiency and addressing routine inquiries related to finance, taxation, and law.

RH's Stock Performance: RH shares surged 17.1% in pre-market trading after the company reported disappointing third-quarter earnings but raised its revenue guidance, anticipating a 20% to 22% growth in demand for the fourth quarter.

Market Movements: Several stocks experienced significant pre-market fluctuations, with notable gainers including Pearl Holdings Acquisition Corp (+44.1%) and Loop Industries, while Repare Therapeutics saw a sharp decline of 35.8%.

Lichen China Limited Offering: Lichen China Limited has announced a definitive agreement to sell 15 million Class A ordinary shares at $0.18 per share, aiming for gross proceeds of approximately $2.70 million, with the transaction expected to close around December 13, 2024.

Company Background: The company specializes in financial and taxation services in China and has built a strong reputation over its 18 years of operation, providing professional and high-quality services under the "Lichen" brand.

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