Lichen China (LICN) said Monday it completed the acquisition of the remaining 40% stake in Bondly Enterprises for $5.3 million.
Lichen previously said it initially acquired a 60% equity in Bondly Enterprises last year for $8 million.
Shares of Lichen fell more than 12% in recent trading.
Price: 0.07, Change: -0.01, Percent Change: -12.30