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Lichen China Priced, Nasdaq: LICN

Provides financial and tax consultation and education support services in China.

Industry: Industrials

Latest Trade: $2.04 0.00 (0.0%)

First Day Return: -12.5%

Return from IPO: -49.0%

Industry: Industrials

We are a leading financial and taxation service provider in China in terms of revenue, according the industry report of Frost & Sullivan. We have operated as a dedicated financial and taxation solution service specialist in China for over 17 years. We focus on providing (i) financial and taxation solution services; (ii) education support services; and (iii) software and maintenance services in the PRC under the “Lichen” brand. With over 17 years of operation history, we have gained substantial experience and established a solid reputation with our proven track record in the PRC. Leveraging our business relationships with our Partnered Institutions (as defined below), our expertise and experience obtained in the financial and taxation solution services market, and our experience in developing financial and taxation training software and financial and taxation analysis software by our research and development (“R&D”) department, we launched a new business line of software and maintenance services in 2019 to expand our software product offerings to enterprise customers, universities, colleges and educational institutes and have started to generate revenue from provision of such services since then.
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IPO Data
IPO File Date 05/02/2022
Offer Price $4.00
Price Range $4.00 - $4.00
Offer Shares (mm) 4.0
Deal Size ($mm) $16
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 02/03/2023
Offer Price $4.00
Price Range $4.00 - $4.00
Offer Shares (mm) 4.0
Deal Size ($mm) $16
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Univest Securities
Company Data
Headquarters Jinjiang, China
Founded 2004
Employees at IPO 394
Website www.lichenzx.com

Lichen China (LICN) Performance