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Lichen China Ltd. (LICN) to Raise $25 Million in IPO

September 9, 2022
Source: dispatchtribunal.com dispatchtribunal.com
News Snapshot:
Lichen China Ltd. (LICN) is planning to raise $25 million in an initial public offering (IPO) on the week of September 12th, IPO Scoop reports. The company will be issuing 6,300,000 shares at a price of $4.00 per share. In the last year, Lichen China Ltd. generated $34.3 million in revenue and $8.5 million in net income. Lichen China Ltd. has a market cap of $79 million. Univest Securities served as the underwriter for the IPO. Lichen China Ltd. provided the following description of their company for its IPO: “We are a leading financial and taxation service provider in China...
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Tags: block | brand | Business | Cayman | China | education | email | enterprise | finance | financial | Fujian | initial public offering | ipo | LINE | management | news | phone | report | reputation | revenue | service | share | shares | Software | taxation

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