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How to buy Lichen China (LICN) stock when it goes public

Here's everything we know so far about the Lichen China IPO.

Lichen China is postponing plans to have an IPO on the Nasdaq. Here's what we know about the IPO so far and how to buy Lichen China stock.

What we know about the Lichen China IPO

On May 2, 2022, Lichen China—a China-based financial and taxation service provider—filed a prospectus with the US Securities and Exchange Commission (SEC) to go public. You can view a more recent version of the document here.

It had planned to offer 6.3 million stocks on the Nasdaq Capital Market under the ticker symbol "LICN." Altogether, Lichen China had hoped to raise around $25 million from the IPO. Stocks were expected to begin trading around September 23, 2022.

Lichen China has since postponed the IPO. A future IPO date has not yet been announced. We'll update this page as more information becomes available.

How to buy Lichen China stock when it starts trading

Once Lichen China goes public, you'll need a brokerage account to invest. Consider opening a brokerage account today so you're ready as soon as the stock hits the market.

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – LICN – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.

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How do similar companies perform?

It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. Looking at the performance of similar companies can help you decide if now is a good time to buy Lichen China stock.

See how the following stocks are performing, and view details like market capitalization, the price-to-earnings (P/E) ratio, price/earnings-to-growth (PEG) ratio and dividend yield.

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