Exicure (XCUR) has shared an update.
Exicure, Inc. has announced a one-for-five reverse stock split effective August 27, 2024, after obtaining shareholder approval on August 20, 2024. This restructuring will convert every five shares into one without altering the par value and without issuing fractional shares; instead, shareholders will receive whole shares. The adjustment aims to proportionally affect all stockholders and maintain their ownership percentages, except for any fractional share adjustments. The company’s common stock will trade on a split-adjusted basis on Nasdaq from August 28, 2024, under the new CUSIP number 30205M309.
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