secwatch.observer — SEC 8-K summary
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Issuer:     EXICURE, INC. (XCUR)
CIK:        0001698530
Form:       8-K
Filed at:   2024-08-26T23:59:59+00:00
Accession:  0001698530-24-000098
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.03, 5.03, 5.07, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Exicure announces 1-for-5 reverse stock split to regain Nasdaq compliance
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- Reverse stock split at 1-for-5 ratio effective 5:00 pm ET Aug 27, 2024; trading on split-adjusted basis from Aug 28.
- Outstanding shares reduced from approx. 8.65M to approx. 1.73M; par value unchanged; no fractional shares issued.
- Stockholders approved reverse split range at special meeting Aug 20; board set 1-for-5 ratio same day.
- Split intended to help regain compliance with Nasdaq minimum bid price listing rule; stock continues under ticker XCUR.
- New CUSIP number 30205M309; no change in authorized shares or percentage ownership (except for fractional share rounding).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1698530/000169853024000098/0001698530-24-000098-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1698530/000169853024000098/xcur-20240820.htm
  HTML page:      https://secwatch.observer/filing/0001698530-24-000098

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