Lichen China Limited Acquires Education Firm

Lichen China Ltd. Class A (LICN) has released an update.

Lichen China Limited, a Cayman Islands-based company, has entered into a Share Purchase Agreement to acquire 100% equity interest in Bondly Enterprises Limited, a firm specializing in professional education, from Zhou Zisu. The initial deposit of $3 million is refundable if certain closing conditions are not met, with the final purchase price to be determined post-financial due diligence. The closing of the transaction is contingent upon regulatory approvals and the finalization of the purchase price through an amendment to the agreement.

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