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Lichen China Ltd. Expands into Education Sector with Strategic Acquisition

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Lichen China Ltd. Expands into Education Sector with Strategic Acquisition

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Lichen China Ltd. Class A ( (LICN) ) has provided an announcement.

Lichen China Limited, a company involved in various business ventures, has entered into a significant transaction in the professional education sector. On February 7, 2025, the company signed a Share Purchase Agreement to acquire 40% of Bondly Enterprises Limited, a Hong Kong-based professional education business, for $5,330,000. The transaction was completed on February 26, 2025, following the board’s approval, marking a strategic expansion into the education industry.

More about Lichen China Ltd. Class A

YTD Price Performance: -61.11%

Average Trading Volume: 25,214,770

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $8.39M

For a thorough assessment of LICN stock, go to TipRanks’ Stock Analysis page.

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