secwatch.observer — SEC 8-K summary
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Issuer:     EXICURE, INC. (XCUR)
CIK:        0001698530
Form:       8-K
Filed at:   2024-11-25T23:59:59+00:00
Accession:  0001698530-24-000123
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1698530/000169853024000123/0001698530-24-000123-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1698530/000169853024000123/xcur-20241121.htm
  HTML page:      https://secwatch.observer/filing/0001698530-24-000123

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