secwatch.observer — SEC 8-K summary
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Issuer:     EXICURE, INC. (XCUR)
CIK:        0001698530
Form:       8-K
Filed at:   2025-05-06T23:59:59+00:00
Accession:  0001698530-25-000035
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1698530/000169853025000035/0001698530-25-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1698530/000169853025000035/xcur-20250430.htm
  HTML page:      https://secwatch.observer/filing/0001698530-25-000035

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer