share_log

Exicure | 8-K: Exicure, Inc. Enters into Purchase Agreements for $1.3 Million and $8.7 Million Equity Financing and Reports Third Quarter 2024 Financial Results

Exicure | 8-K: Exicure, Inc. Enters into Purchase Agreements for $1.3 Million and $8.7 Million Equity Financing and Reports Third Quarter 2024 Financial Results

Exicure | 8-K:Exicure, Inc. 簽訂了130萬美元和870萬美元股權融資的收購協議,並公佈了2024年第三季度財務業績
美股SEC公告 ·  2024/11/15 05:31

Moomoo AI 已提取核心訊息

Exicure has entered into two stock purchase agreements with HiTron Systems Inc., totaling $10 million. The initial agreement, executed on November 12, involves selling 433,000 shares at $3.00 per share for $1.3 million, expected to close within 10 days. The subsequent agreement dated November 13 involves issuing 2.9 million shares for $8.7 million, subject to stockholder approval.The agreements grant HiTron board nomination rights, with two initial board seats following the first closing and additional proportional representation after the subsequent investment. The company reported Q3 2024 results with a net loss of $1.1 million, improved from $5.3 million loss in Q3 2023, while cash position stood at $0.3 million as of September 30, 2024.The company faces continued listing challenges on Nasdaq and has requested an extension through December 17, 2024. Management indicates current cash is insufficient for operations, emphasizing the critical need for additional funding. The proceeds will be used for working capital, general corporate purposes, and business development.
Exicure has entered into two stock purchase agreements with HiTron Systems Inc., totaling $10 million. The initial agreement, executed on November 12, involves selling 433,000 shares at $3.00 per share for $1.3 million, expected to close within 10 days. The subsequent agreement dated November 13 involves issuing 2.9 million shares for $8.7 million, subject to stockholder approval.The agreements grant HiTron board nomination rights, with two initial board seats following the first closing and additional proportional representation after the subsequent investment. The company reported Q3 2024 results with a net loss of $1.1 million, improved from $5.3 million loss in Q3 2023, while cash position stood at $0.3 million as of September 30, 2024.The company faces continued listing challenges on Nasdaq and has requested an extension through December 17, 2024. Management indicates current cash is insufficient for operations, emphasizing the critical need for additional funding. The proceeds will be used for working capital, general corporate purposes, and business development.
Exicure與HiTron Systems Inc.簽訂了兩份股票購買協議,總金額爲1000萬美元。第一次協議於11月12日簽署,涉及以每股3.00美元出售433,000股,預計在10天內完成,金額爲130萬美元。第二份協議於11月13日簽署,涉及發行290萬股,金額爲870萬美元,需經股東批准。這些協議授予HiTron董事會提名權,首次交易後有兩個董事會席位,後續投資後將增加相應的比例代表權。公司報告了2024年第三季度的業績,淨虧損爲110萬美元,較2023年第三季度的530萬美元虧損有所改善,截至2024年9月30日,現金狀況爲30萬美元。公司面臨納斯達克的持續上市挑戰,並已請求延長至2024年12月17日。管理層表示,目前的現金不足以維持運營,強調了對額外資金的迫切需求。籌集的資金將用於流動資金、一般企業用途和業務發展。
Exicure與HiTron Systems Inc.簽訂了兩份股票購買協議,總金額爲1000萬美元。第一次協議於11月12日簽署,涉及以每股3.00美元出售433,000股,預計在10天內完成,金額爲130萬美元。第二份協議於11月13日簽署,涉及發行290萬股,金額爲870萬美元,需經股東批准。這些協議授予HiTron董事會提名權,首次交易後有兩個董事會席位,後續投資後將增加相應的比例代表權。公司報告了2024年第三季度的業績,淨虧損爲110萬美元,較2023年第三季度的530萬美元虧損有所改善,截至2024年9月30日,現金狀況爲30萬美元。公司面臨納斯達克的持續上市挑戰,並已請求延長至2024年12月17日。管理層表示,目前的現金不足以維持運營,強調了對額外資金的迫切需求。籌集的資金將用於流動資金、一般企業用途和業務發展。
声明:本內容僅用作提供資訊及教育之目的,不構成對任何特定投資或投資策略的推薦或認可。 更多信息