Exicure invests ~$3.125M in convertible bonds of wholly-owned subsidiary KC Creation

EXICURE, INC.

Subscription amount of KRW 4.5B (≈$3.125M) for non-guaranteed private placement convertible bonds.
Bonds mature April 30, 2028; yield to maturity 2.9% compounded quarterly.
Proceeds to be used for acquisition of stocks of other corporations.
Put option exercisable after one year and quarterly thereafter; conversion price 901 KRW ($0.63) per share.
Conversion period from April 30, 2026 to March 31, 2028.

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