Exicure shareholders approve $8.7M HiTron investment; change of control, new CEO and board

EXICURE, INC.

Shareholders approved 2.9M shares to HiTron at $3/share for $8.7M second investment, totaling $10M; HiTron holds >50%.
Board expanded to nine; four new directors appointed (John, Choi, Song, Kang); multiple prior directors resigned.
Andy Yoo appointed CEO/President ($300K base), Seung Ik Baik as CFO ($130K), Jiyoung Hwang as CSO ($150K).
Additional $2M raised from SangSang Investment at $4.61/share, closed December 12, 2024.
Company presented Nasdaq compliance plan to regain equity requirement; awaiting panel decision.

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