Lichen China Acquires Remaining 40% Stake in Bondly Enterprises for $5.3 Million

MT Newswires Live
10 Feb

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

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