Lichen China Ltd. Class A ( (LICN) ) has issued an update.
Lichen China Limited announced a one-for-two-hundred reverse stock split for its Class A and B ordinary shares, effective March 3, 2025, following shareholder approval on February 10, 2025. The reverse split is expected to increase the market price per share to meet Nasdaq’s listing requirements, and the company will also change its name to Lichen International Limited, maintaining all existing agreements and obligations.
More about Lichen China Ltd. Class A
Lichen China Limited is a prominent provider of financial and taxation solution services in China, offering education support services and software maintenance under the ‘Lichen’ brand. With over 18 years of experience, the company is recognized for its professional and high-quality services in the financial and taxation industry.
YTD Price Performance: -73.89%
Average Trading Volume: 26,006,363
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $5.66M
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