Exicure receives extension from Nasdaq hearings panel

Exicure announced that on September 17, 2024, the company received notice that the Nasdaq Hearings Panel granted an extension to continue the company’s listing subject to the company evidencing compliance with all applicable criteria for continued listing on The Nasdaq Capital Market by November 14, 2024. The company is diligently working to timely satisfy the terms of the Panel’s requests and to ensure the company’s continued listing on Nasdaq. As previously announced, the company has regained compliance with Nasdaq’s minimum bid price requirement and exchanged approximately $1,000,000 of indebtedness for equity at a conversion price of $3.00 per share.