Financing ·
Lichen International settles $297K debt to CEO Ya Li via issuance of 65,000 shares
LICNLichen International Ltd
Lichen International amended and restated a debt settlement agreement with Chief Executive Officer Ya Li. The company settled approximately RMB 2,129,544 ($297,000) in loans by issuing 65,000 Class B ordinary shares valued at $4.57 per share. This transaction was completed on August 27, 2025, under a private placement exemption. The amendment clarifies the description of the debt but does not involve additional share issuance or changes to the settlement terms. Lichen International operates in the investment and financial services sector.