Dividends & Buybacks ·
Lichen International proposes 100-for-1 reverse split to meet Nasdaq $1 bid price requirement
LICNLichen International Ltd
Lichen International Limited is seeking shareholder approval at an extraordinary general meeting on November 9, 2026, for a 100-for-1 share consolidation. The move aims to raise the Class A Ordinary Share price above Nasdaq's $1.00 minimum bid price requirement and avoid delisting. If approved, the consolidation would take effect on November 19, 2026, reducing authorized shares from 25 billion to 250 million while maintaining total capital at US$200 million. The company also proposes adopting amended articles of association to reflect the change. Lichen International Limited operates in the technology and investment sector.