---
schema_version: "secwatch.filing_event.v1"
accession: "0001698530-24-000144"
form_type: "8-K"
ticker: "XCUR"
cik: "0001698530"
company_name: "EXICURE, INC."
filed_at: "2024-12-20T23:59:59+00:00"
generated_at: "2026-05-29T00:20:30.211563+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001698530-24-000144
- form_type: 8-K
- ticker: XCUR
- cik: 0001698530
- company_name: EXICURE, INC.
- filed_at: 2024-12-20T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1698530/000169853024000144/0001698530-24-000144-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1698530/000169853024000144/xcur-20241217.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001698530-24-000144
- JSON: https://secwatch.observer/filing/0001698530-24-000144.json
- Plain text: https://secwatch.observer/filing/0001698530-24-000144.txt

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