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Founded in 1994, we, Univest Securities, pride ourselves in providing high level of value-added service to both our corporate and individual clients across the globe.
Univest today announced the closing of registered direct offering for its client Lichen China Limited (NASDAQ: LICN), a dedicated financial and taxation service provider.
Under the terms of the securities purchase agreement, the Company has agreed to sell to several investors for the purchase and sale of an aggregate of 25,000,000 shares of Company’s Class A ordinary share, par value $0.00004 per share at a purchase price of $0.125 per share in the offering. The purchase price for the pre-funded warrants is identical to the purchase price for Shares, less the exercise price of $0.001 per share. The aggregate gross proceeds to the Company was approximately $3.1 million. Univest Securities, LLC acted as the sole placement agent.
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