even though the equity market has been slow as of late. Can you tell us about the role that you and your team played relating to the IPO? Lichen engaged our firm to represent them as their US counsel for their IPO onto the Nasdaq Stock Market and I was their lead attorney for their IPO process. We worked closely with the company on almost all aspects of their US IPO, including their prospectus, application to Nasdaq and responses to questions given by the regulators, as well as transaction documents with the underwriter and its counsel. We were also crucial in helping design a deal structure that would work both for the company and, more importantly, the regulators. This was the case especially towards the end of the process, because the market condition had changed significantly comparing to when Lichen first launched its IPO effort. We, as the company’s counsel, had to pull every trick in our sleeves to come up with legal solutions to make sure that they were able to get through the regulators with as little modification in the documents as possible, but at the same time assuring them that the company was worthy of their consideration for approval. We also understood that in today’s market, things could change in a matter of hours and the longer the process drags, the bigger the risk is to our client in finishing their IPO. Knowing timing was of the essence, our team worked tirelessly with all parties involved, including our client Lichen, regulators and the underwriter on a practically 24/7 basis, with multiple versions being prepared at the same time to make sure that we had the necessary legal documents ready for everyone when they were needed.We were very glad and relieved when we saw Lichen finally close its IPO and begin trading on the Nasdaq. At the same time, I am extremely proud and grateful for our team members that were involved in this listing. It would not have been possible without their dedication and commitment. What unique skills and expertise did your team bring to the operation? First, we consider ourselves business lawyers. What that means is that we always dissect the laws and regulations coming from the perspective of a business owner. I come from a business FEATURE OF THE MONTH 15 First, we consider ourselves business lawyers. What that means is that we always dissect the laws and regulations coming from the perspective of a business owner.
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