Lichen International clarifies debt settled with CEO shares stemmed from loans he advanced
LICN•Lichen International said its $297,000 debt settlement covered loans from CEO Ya Li, who received 65,000 Class B shares valued at $4.57 each on August 27, 2025; no additional shares had been issued by October 15, 2026.
1. Debt settlement details
Lichen International clarified that its debt settlement covered RMB 2.13 million (approximately $297,000) in loans advanced by CEO Ya Li. On August 27, 2025, Li received 65,000 Class B ordinary shares valued at $4.57 each to settle the debt. The company said no additional shares had been issued in connection with the settlement or agreement as of October 15, 2026.
