Exicure Inc. Announces Convertible Bond Redemption with KC Creation Co., Ltd

Reuters

05-07

Exicure Inc. Announces Convertible Bond Redemption with KC Creation Co., Ltd

Exicure Inc. has entered into a convertible bond agreement with its South Korean subsidiary, KC Creation Co., Ltd., involving a subscription amount of approximately $3.125 million USD. The bonds, maturing on April 30, 2028, offer a yield to maturity of 2.9% per annum. Exicure holds a put option allowing for redemption of the bonds in part or in full starting one year after the issuance date and every three months thereafter until maturity. Conversion rights, allowing Exicure to convert the bonds into common stock of KC Creation at a specified price per share, can be exercised between April 30, 2026, and March 31, 2028. The funds are intended for acquiring stocks of other corporations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Exicure Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001698530-25-000035), on May 06, 2025, and is solely responsible for the information contained therein.

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ID: 0001698530-25-000035), on May 06, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XCUR","symbol_name":"Exicure, Inc.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250506:nNDL80pMQS:1","article_id":"2533139695","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2533139695","pubTimestamp":1746567896,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Exicure Inc. has entered into a convertible bond agreement with its South Korean subsidiary, KC Creation Co., Ltd., involving a subscription amount of approximately $3.125 million USD. 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