Lichen International prices $3.5 million registered direct offering
LICN•Lichen International priced an offering of 17.5 million units at $0.20 each, targeting approximately $3.5 million in gross proceeds before expenses, with closing expected November 11, 2026.
1. Offering terms
Each unit includes one Class A Ordinary Share or pre-funded warrant, with warrant coverage of 472 shares per 100 units. The warrants have a $0.20 exercise price, are immediately exercisable and expire one year after issuance. Univest Securities is the sole placement agent.
