Lichen China Ltd. Regains Nasdaq Compliance

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Lichen China Ltd. Regains Nasdaq Compliance

Lichen China Ltd. Class A ( (LICN) ) just unveiled an announcement.

Lichen China Ltd. Class A faced a potential delisting from Nasdaq due to non-compliance with the minimum bid price requirement, receiving a deficiency letter on January 23, 2025. However, after a period of uncertainty, the company successfully regained compliance by March 19, 2025, as its stock maintained a closing bid price of at least $1.00 for ten consecutive business days, allowing its securities to continue trading on Nasdaq.

More about Lichen China Ltd. Class A

YTD Price Performance: -88.60%

Average Trading Volume: 112,686

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $2.96M

See more insights into LICN stock on TipRanks’ Stock Analysis page.

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