Appleby advises Lichen International Limited on the issue and sale of up to US$500 million of securities
Appleby acted as Cayman Islands counsel to Lichen International Limited (“Lichen International” or the “Company”), together with its subsidiaries (the “Group”), in connection with the filing of the registration statement on Form F-3 by the Company with the U.S. Securities and Exchange Commission (“SEC”) under the U.S. Securities Act of 1933, as amended for the issue and sale from time to time by the Company of up to US$500,000,000 Class A ordinary shares, share purchase contracts, share purchase units, warrants, debt securities, rights or units in one or more offerings.
The transaction was led by Judy Lee, Partner in Appleby’s Hong Kong office.
Appleby previously advised Lichen International on Cayman Islands law for its listing on the Nasdaq Capital Market in 2023 and has since advised them on their capital raising transactions and corporate actions including the filing by the Company of a registration statement on Form F-3 on 21 February 2024 with the SEC under the U.S. Securities Act of 1933, as amended for issue and sale from time to time by the Company of up to US$100,000,000 of securities.
The Group is one of the leading financial and taxation service providers in China. It also offers educational support, software solutions, and maintenance services across the People’s Republic of China.
Appleby’s Hong Kong Capital Markets team is widely recognised for its expertise in advising offshore companies on IPOs, introductions, placements, and listings of both equity and debt securities on internationally recognised stock exchanges, including Hong Kong, the United States, Singapore, and others.
