Business Context and Reporting Period
This Form 8-K is a current report filed by Exicure, Inc. on June 1, 2026, regarding events occurring on May 28 and May 29, 2026. The filing addresses a compliance issue with The Nasdaq Stock Market LLC related to the delayed submission of the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2026.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This document serves as a regulatory notification regarding filing status rather than a financial performance report.
Material Changes
- Nasdaq Non-Compliance Notification: On May 28, 2026, the Company received a notification from Nasdaq indicating non-compliance with Listing Rule 5250(c)(1) due to the late filing of the Q1 2026 Form 10-Q.
- Resolution of Delay: The Company filed the overdue Form 10-Q on May 29, 2026, and believes it has regained compliance with Nasdaq listing requirements.
- Cause of Delay: The delay was attributed to additional time required following changes in financial reporting personnel and related filing procedures.
Guidance, Outlook, and Risks
The filing does not contain forward-looking guidance, management commentary on future operations, or specific risk factors beyond the immediate listing compliance issue. The primary contingency addressed is the potential delisting risk associated with the delayed 10-Q, which the Company asserts has been resolved.
Investor Verification Checklist
- Verify the content of the Form 10-Q for the quarter ended March 31, 2026, filed on May 29, 2026, to assess actual financial performance.
- Confirm the Company's current standing with Nasdaq to ensure no further compliance actions are pending.
- Review the press release furnished as Exhibit 99.1 for additional details on the personnel changes affecting financial reporting.
- Monitor future filings to ensure timely submission of subsequent periodic reports.