Lichen International shares surge 17.58% intraday after submitting mixed shelf registration for up to $500M securities on December 2nd.

Lichen International surged 17.58% intraday, with the company submitting a mixed shelf registration statement on December 2 to raise up to $500 million for general corporate purposes. The firm specializes in financial and tax management software, including enterprise financial intelligent analysis systems, catering to enterprise customer needs.