secwatch.observer — SEC 8-K summary
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Issuer:     EXICURE, INC. (XCUR)
CIK:        0001698530
Form:       8-K
Filed at:   2023-09-13T23:59:59+00:00
Accession:  0001698530-23-000107
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Exicure receives Nasdaq bid price deficiency notice; Northwestern terminates key license
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- Nasdaq gave Exicure 180 days (until March 11, 2024) to regain $1.00 minimum bid price after 30 consecutive days below threshold.
- Northwestern terminated the 2015 License on Sept 10, 2023; cure period for 2014 License runs to Oct 2, 2023.
- Exicure is exploring strategic alternatives and intends to seek resolution with Northwestern.
- Exicure may consider a reverse stock split to regain Nasdaq compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1698530/000169853023000107/0001698530-23-000107-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1698530/000169853023000107/xcur-20230913.htm
  HTML page:      https://secwatch.observer/filing/0001698530-23-000107

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