GlobeNewswire·Nov 11, 2026, 5:46 PM ET

Univest Securities, LLC Announces Closing of $3.5 Million Registered Direct Offering for its Client Lichen International Limited (NASDAQ: LICN)

Univest Securities, LLC acted as sole placement agent for Lichen International Limited (NASDAQ: LICN) in a registered direct offering closed on November 11, 2026.
The offering raised approximately $3.5 million in gross proceeds before fees & expenses.
Lichen International sold 17,500,000 units to institutional investors at a purchase price of $0.20 per unit.
Each unit consists of one Class A Ordinary Share (or pre-funded warrant) & one warrant.
The warrants carry an exercise price of $0.20 per share, are immediately exercisable, & have a one-year term from issuance.
Warrants include a zero cash exercise option allowing holders to acquire 4.72 Class A Ordinary Shares per warrant.
The transaction was executed under a shelf registration statement on Form F-3 filed with the SEC & declared effective on December 10, 2025.
Lichen International provides financial, taxation, education, software, & Pre-IPO advisory services in China.
Univest Securities, LLC has raised over $1.8 billion in capital since 2019 & completed approximately 100 transactions.

Company: Univest Securities, LLC
Keywords: Univest Securities, LLC, Univest Securities, LLC, member of FINRA and SIPC, full-service investment bank, securities broker-dealer firm, market making