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Exicure, Inc. Enters Into Definitive Agreement With Cbi Usa, Inc. For $5.4 Million Equity Financing And Announces Implementation Of Strategic Measure To Reduce Cash Burn And Prioritize Strategic Alternatives

Sep 26, 2022almost 3 years ago

Amount Raised

$5.4 Million

Chicago

Description

Exicure, Inc. (NASDAQ: XCUR) today announced plans to restructure the Company and align resources to continue exploring strategic alternatives that maximize stockholder value. After a strategic review of the Company’s business plans and objectives and its existing cash resources, the Company’s Board of Directors has approved the following:

Company Information

Company

Exicure

Location

N Halsted Street

Chicago, Illinois, United States

About

Exicure, Inc. is an early-stage biotechnology company developing nucleic acid therapies targeting ribonucleic acid against validated targets for neurological disorders and hair loss. The team includes a diverse scientific group with expertise in nucleic acid chemistry, drug development, and neuroscience. For further information, see www.exicuretx.com.

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