secwatch.observer — SEC 8-K summary
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Issuer:     EXICURE, INC. (XCUR)
CIK:        0001698530
Form:       8-K
Filed at:   2022-02-04T23:59:59+00:00
Accession:  0001698530-22-000009
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Exicure CEO Brian Bock resigns; CSO Matthias Schroff appointed CEO; board reduced from 8 to 5
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- Brian C. Bock resigns as President and CEO effective Feb 4, 2022; becomes Special Advisor for 3 months at $25k/month.
- Matthias Schroff, previously CSO, appointed CEO and board member; base salary increased to $550k, target bonus 50%.
- Three board members resign: Timothy Walbert (chair), Bosun Hau, Andrew Sassine; Betsy Garofalo appointed chair.
- Board size reduced from 8 to 5 directors; committees reconstituted with Garofalo, Cleland, Muralidhar, Sulat.
- Former CTO David Giljohann separated Jan 31, 2022; receives $550k separation payment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1698530/000169853022000009/0001698530-22-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1698530/000169853022000009/xcur-20220131.htm
  HTML page:      https://secwatch.observer/filing/0001698530-22-000009

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer