8-K
filed August 23, 2023, 7:59 PM ET
ticker XCUR
CIK 0001698530
leadership
confidence high
sentiment neutral
materiality 0.70
Exicure appoints new CEO/CFO and three directors after board resignations
EXICURE, INC.
- CEO, CFO, President, Secretary Jung Sang (Michael) Kim resigned Aug 18; Changil Ahn also resigned from board.
- Paul Kang appointed CEO and President; Jiyoung Hwang appointed CFO and Secretary, both effective Aug 21.
- New directors Hyuk Joon Ko, Dongho Lee, Hojoon Lee appointed to fill vacancies; Ko and Lee join Audit Committee.
- New CEO and CFO each get $150k annual base salary; new directors receive $20k annual retainer.
- Company says management, board and controlling stockholders are now 'fully aligned' on strategic vision.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Hyuk Joon (Raymond) Ko was appointed as Director at EXICURE, INC..
- Action
- appointed
- Role
- Director
Exact text from the filing
The Board appointed Hyuk Joon (Raymond) Ko, Dongho Lee and Hojoon Lee to the Board, effective August 21, 2023.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Jung Sang (Michael) Kim resigned as Director at EXICURE, INC..
- Action
- resigned
- Role
- Director
Exact text from the filing
On August 18, 2023, Jung Sang (Michael) Kim resigned from the Board for personal reasons, effective immediately as of such date.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Changil Ahn resigned as Director at EXICURE, INC..
- Action
- resigned
- Role
- Director
Exact text from the filing
On August 18, 2023, Changil Ahn resigned from the Board of Directors (the “ Board ”) and the Audit Committee for personal reasons, effective immediately as of such date.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Jiyoung Hwang was appointed as Chief Financial Officer and Secretary at EXICURE, INC..
- Action
- appointed
- Role
- Chief Financial Officer and Secretary
Exact text from the filing
and Jiyoung Hwang as the Chief Financial Officer and Secretary of the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Dongho Lee was appointed as Director at EXICURE, INC..
- Action
- appointed
- Role
- Director
Exact text from the filing
The Board appointed Hyuk Joon (Raymond) Ko, Dongho Lee and Hojoon Lee to the Board, effective August 21, 2023.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Jung Sang (Michael) Kim resigned as Chief Executive Officer at EXICURE, INC..
- Action
- resigned
- Role
- Chief Executive Officer
Exact text from the filing
In connection with his resignation from the Board, Mr. Kim also resigned as the Chief Executive Officer, Chief Financial Officer, President and Secretary of the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Hojoon Lee was appointed as Director at EXICURE, INC..
- Action
- appointed
- Role
- Director
Exact text from the filing
The Board appointed Hyuk Joon (Raymond) Ko, Dongho Lee and Hojoon Lee to the Board, effective August 21, 2023.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Paul Kang was appointed as Chief Executive Officer and President at EXICURE, INC..
- Action
- appointed
- Role
- Chief Executive Officer and President
Exact text from the filing
On August 21, 2023, in connection with Mr. Kim’s resignation, the Board appointed Paul Kang as the Chief Executive Officer and President of the Company
View on SEC.gov
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