---
schema_version: "secwatch.filing_event.v1"
accession: "0001698530-23-000010"
form_type: "8-K"
ticker: "XCUR"
cik: "0001698530"
company_name: "EXICURE, INC."
filed_at: "2023-02-10T23:59:59+00:00"
generated_at: "2026-06-19T18:06:01.931203+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Exicure director resigns; Nasdaq extends equity compliance deadline, private placement closing by Feb 21

## Summary
- Director Jeffrey Cleland resigned from board and all committees effective Feb 10, 2023.
- Company non-compliant with Nasdaq independent director and audit committee requirements; cure period ongoing.
- Nasdaq granted extension to file 10-K by March 31 to evidence compliance with $2.5M equity rule; risk of delisting.
- Private placement of 3.4M shares at $1.60/share with CBI USA expected to close by Feb 21.

## SEC filing metadata
- accession: 0001698530-23-000010
- form_type: 8-K
- ticker: XCUR
- cik: 0001698530
- company_name: EXICURE, INC.
- filed_at: 2023-02-10T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 5.02, 7.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1698530/000169853023000010/0001698530-23-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1698530/000169853023000010/xcur-20230207.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001698530-23-000010
- JSON: https://secwatch.observer/filing/0001698530-23-000010.json
- Plain text: https://secwatch.observer/filing/0001698530-23-000010.txt

## Key facts
- Executive change
  Jeffrey L. Cleland resigned as Director at EXICURE, INC..
  - Action: resigned
  - Role: Director
  source text: Effective February 10, 2023, Dr. Cleland resigned from the Board, the Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1698530/000169853023000010/0001698530-23-000010-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.