8-K
filed November 25, 2024, 6:59 PM ET
ticker XCUR
CIK 0001698530
other material
confidence high
sentiment neutral
materiality 0.60
Exicure appoints new board members and CRO; receives $1.3M from HiTron deal closing
EXICURE, INC.
- Andy Yoo appointed as Class I director and Chief Restructuring Officer; Seung Ik Baik as Class III director effective Nov 21, 2024.
- Yoo receives $200,000 annual base salary as officer; both directors get $20,000 annual retainer and standard indemnification.
- Hojoon Lee and Eui Yull Hwang resigned from board for personal reasons, effective immediately; no disagreements cited.
- Company received $1.3 million upon closing of Common Stock Purchase Agreement with HiTron Systems Inc. on Nov 21, 2024.
- Yoo is CEO of HiTron; appointments made pursuant to HiTron rights under the Purchase Agreement.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Seung Ik Baik was appointed as Class III Director at EXICURE, INC..
- Action
- appointed
- Role
- Class III Director
Exact text from the filing
on November 21, 2024, the Board of Directors (the "Board’) of the Company appointed Andy Yoo and Seung Ik Baik to the Board.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Andy Yoo was appointed as Class I Director at EXICURE, INC..
- Action
- appointed
- Role
- Class I Director
Exact text from the filing
on November 21, 2024, the Board of Directors (the "Board’) of the Company appointed Andy Yoo and Seung Ik Baik to the Board.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Eui Yull Hwang resigned as Director at EXICURE, INC..
- Action
- resigned
- Role
- Director
Exact text from the filing
On November 21, 2024, Eui Yull Hwang 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
Hojoon Lee resigned as Director at EXICURE, INC..
- Action
- resigned
- Role
- Director
Exact text from the filing
On November 21, 2024, Hojoon Lee 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
Andy Yoo was appointed as Chief Restructuring Officer at EXICURE, INC..
- Action
- appointed
- Role
- Chief Restructuring Officer
Exact text from the filing
The Board also appointed Mr. Yoo as the Chief Restructuring Officer of the Company and entered into an employment agreement with Mr. Yoo effective November 21, 2024.
View on SEC.gov
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