Lichen International Ltd (LICN) Form 6-K — Oct 13, 2026
Lichen International entered a Share Transfer Agreement on October 7, 2026 to divest its Hong Kong subsidiary Bondly Enterprises Limited, along with its Xiamen operating subsidiary, for just one Hong Kong dollar. The target, which runs a professional education business, was acquired 60% in July 2024 and fully by February 2025, but had incurred significant losses and negative shareholders' equity as of August 31, 2026.
Key figures
- Consideration
- HK$1
- Target financial condition
- significant losses and negative shareholders' equity as of August 31, 2026
- Target acquisition timeline
- 60% acquired July 2024; remaining 40% acquired February 2025
AI analysis
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