Lichen International prices $3.5 million registered direct offering
LICN•Lichen International priced a registered direct offering of 17.5 million units at $0.20 each, targeting $3.5 million in gross proceeds. The offering is expected to close November 11, 2026, subject to customary closing conditions.
1. Offering terms
Each unit comprises one Class A ordinary share or pre-funded warrant and one warrant to purchase additional Class A ordinary shares. The warrants have a $0.20 exercise price, are immediately exercisable upon issuance and expire one year from issuance.
