SCHEDULE: Exicure HiTron Reacquires Stake in Exicure, Inc.

Exicure HiTron Inc. amended its Schedule 13D filing to report the reacquisition of 623,277 shares of Exicure, Inc. common stock, increasing its beneficial ownership to approximately 34.9%.

Summary

• Exicure HiTron Inc. has amended its Schedule 13D filing concerning its beneficial ownership of Exicure, Inc. common stock.
• The amendment details share transfer amendment agreements entered into on June 23, 2026, and June 26, 2026.
• These agreements resulted in the return of an aggregate of 623,277 shares to Exicure HiTron Inc.
• Following these transactions, Exicure HiTron Inc. now beneficially owns 2,222,224 shares, representing approximately 34.9% of Exicure, Inc.'s outstanding shares.
• The company previously transferred these shares to five transferees.
• Two purchasers, Lee So-jung and Kim Jun-seo, did not participate in the amendment agreements and continue to hold 487,834 shares previously acquired from Exicure HiTron Inc.
• Exicure HiTron Inc. is pursuing remedies under pledge arrangements for these shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral to slightly negative, as it indicates a complex unwinding of previous transactions and potential ongoing disputes, despite the increase in direct shareholding.

Positives

• Exicure HiTron Inc. has reacquired a significant number of shares (623,277), increasing its direct beneficial ownership.
• The company now holds a substantial stake of approximately 34.9% in Exicure, Inc., indicating continued strategic interest.
• The company has retained proceeds of approximately KRW 4,160,554,000 from the revised share transfer transactions.

Negatives

• The need to amend previous share transfer agreements suggests a potential restructuring or dispute in prior transactions.
• Exicure HiTron Inc. is pursuing remedies against two purchasers (Lee So-jung and Kim Jun-seo) for shares they still hold, indicating potential ongoing legal or recovery actions.
• The outcome of these actions against Lee So-jung and Kim Jun-seo is uncertain, with no assurance of recovery.

Risks

• Potential legal or financial disputes with purchasers Lee So-jung and Kim Jun-seo regarding the 487,834 shares they still hold.
• Uncertainty regarding the success and timing of Exicure HiTron Inc.'s pursuit of remedies under pledge arrangements for shares held by Lee So-jung and Kim Jun-seo.

Future Outlook

The filing does not contain explicit forward-looking statements or guidance regarding Exicure, Inc.'s future performance. However, Exicure HiTron Inc. is pursuing remedies for shares held by two former transferees, indicating potential future legal actions or recovery efforts.

Management Comments

• Exicure HiTron Inc. is pursuing remedies under applicable pledge arrangements in respect of shares held by Lee So-jung and Kim Jun-seo and may seek recovery of such Shares in the future.
• No assurance can be given regarding the outcome or timing of any such actions.

Industry Context

StockSavvy.ai notes that Schedule 13D filings typically signal significant changes in beneficial ownership or control. This amendment indicates a re-consolidation of shares by Exicure HiTron Inc., potentially altering its strategic influence or investment approach within the biotechnology sector, where Exicure, Inc. operates.

Legal Proceedings

• Exicure HiTron Inc. is pursuing remedies under applicable pledge arrangements concerning shares held by Lee So-jung and Kim Jun-seo.
• Potential recovery of shares from Lee So-jung and Kim Jun-seo is not assured.

Stakeholder Impact

• Shareholders of Exicure, Inc. may see increased concentration of ownership by Exicure HiTron Inc., potentially influencing corporate strategy and governance.
• The ongoing pursuit of remedies against former transferees could introduce uncertainty or legal complexities for the company.

Next Steps

• Exicure HiTron Inc. may pursue legal remedies to recover shares from Lee So-jung and Kim Jun-seo.
• The outcome and timing of these recovery efforts remain uncertain.

Key Dates

Keywords

Schedule 13D, Exicure, Inc., Exicure HiTron Inc., Beneficial Ownership, Share Transfer, Amendment, South Korea, SEC Filing