EXICURE, INC. — Director's Dealing 2023

Mar 9, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EXICURE, INC. (XCUR)
CIK: 0001698530
Period of Report: 2023-02-22

Reporting Person: CBI USA, Inc. (10% Owner)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-02-22	CBI USA, Inc. 1st Bearer-type Interest Unsecured Private	$1.60	J	5440000	Disposed	2025-02-22	Common Stock (3400000)	Direct

Footnotes

F1: Reporting Person obtained loan from an affiliate in the form of an exchangeable bond in the principal amount of $5,440,000. Lender will have the option to exchange the note for 3,400,000 shares of Common Stock (at fixed conversion price of $1.60 per share) from three months after issuance to five business days before the maturity date. The Reporting Person intends to repay the note prior to lender exercising the exchange option.