---
schema_version: "secwatch.filing_event.v1"
accession: "0001698530-24-000123"
form_type: "8-K"
ticker: "XCUR"
cik: "0001698530"
company_name: "EXICURE, INC."
filed_at: "2024-11-25T23:59:59+00:00"
generated_at: "2026-05-29T18:59:19.338092+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Exicure appoints new board members and CRO; receives $1.3M from HiTron deal closing

## Summary
- 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.

## SEC filing metadata
- accession: 0001698530-24-000123
- form_type: 8-K
- ticker: XCUR
- cik: 0001698530
- company_name: EXICURE, INC.
- filed_at: 2024-11-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1698530/000169853024000123/0001698530-24-000123-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1698530/000169853024000123/xcur-20241121.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001698530-24-000123
- JSON: https://secwatch.observer/filing/0001698530-24-000123.json
- Plain text: https://secwatch.observer/filing/0001698530-24-000123.txt

## Key facts
- Executive change
  Seung Ik Baik was appointed as Class III Director at EXICURE, INC..
  - Action: appointed
  - Role: Class III Director
  source text: on November 21, 2024, the Board of Directors (the "Board’) of the Company appointed Andy Yoo and Seung Ik Baik to the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1698530/000169853024000123/0001698530-24-000123-index.htm
- Executive change
  Andy Yoo was appointed as Class I Director at EXICURE, INC..
  - Action: appointed
  - Role: Class I Director
  source text: on November 21, 2024, the Board of Directors (the "Board’) of the Company appointed Andy Yoo and Seung Ik Baik to the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1698530/000169853024000123/0001698530-24-000123-index.htm
- Executive change
  Eui Yull Hwang resigned as Director at EXICURE, INC..
  - Action: resigned
  - Role: Director
  source text: On November 21, 2024, Eui Yull Hwang resigned from the Board for personal reasons, effective immediately as of such date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1698530/000169853024000123/0001698530-24-000123-index.htm
- Executive change
  Hojoon Lee resigned as Director at EXICURE, INC..
  - Action: resigned
  - Role: Director
  source text: On November 21, 2024, Hojoon Lee resigned from the Board for personal reasons, effective immediately as of such date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1698530/000169853024000123/0001698530-24-000123-index.htm
- Executive change
  Andy Yoo was appointed as Chief Restructuring Officer at EXICURE, INC..
  - Action: appointed
  - Role: Chief Restructuring Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1698530/000169853024000123/0001698530-24-000123-index.htm

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