Exicure shareholders approve $8.7M HiTron investment; CEO and board changes; Nasdaq plan presented

EXICURE, INC.

Shareholders approved $8.7M second investment from HiTron; total HiTron investment $10M at $3/share.
Upon close, HiTron becomes Exicure's largest shareholder with >50% ownership.
Board expanded to 9 directors; 4 new directors appointed; Andy Yoo named CEO effective Dec 19, 2024.
Company plans additional ~$2.4M raise targeting total ~$15M; in discussions with a US therapeutics company.
Presented Nasdaq compliance plan on Dec 17, 2024 for equity requirement; awaiting Panel decision.

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