Exicure redeems 4.5B KRW (~$3.125M) in convertible bonds from subsidiary KC Creation

EXICURE, INC.

Redeemed 4.5B KRW ($3.125M) of 2.90% Convertible Bonds due 2028 issued by wholly-owned subsidiary KC Creation.
Bonds originally issued April 30, 2025; part of internal capital structure with no third-party holders.
Redemption funded via internal cash transfers; aims to simplify intercompany financing and secure liquidity for biotech operations.
Transaction eliminated in consolidation; no material impact on consolidated financial statements expected.

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