EXICURE, INC. 8-K

What Happened Exicure, Inc. (XCUR) filed an 8-K on Feb 10, 2026, reporting that CEO and President Andy Yoo and CFO and Secretary Seung Ik Baik resigned effective February 9, 2026. Three directors — Andy Yoo, Seung Ik Baik and Aejin Hwang — also resigned from the board effective the same date (Aejin Hwang was a director only). The board appointed Jung Kyu Ham, Jung Soo Kim, and Gyeung Seog Cheon as directors effective February 9, 2026; Cheon was also added to the audit committee. The filing states the resignations were not due to any disagreement with the company’s operations, policies, or practices. The board has not named replacements for the CEO or CFO roles; those officer positions remain vacant.

Key Details

• Resignations effective: February 9, 2026 (filed Feb 10, 2026).
• Departing officers/directors: Andy Yoo (CEO & President; director), Seung Ik Baik (CFO & Secretary; director), Aejin Hwang (director).
• New directors: Jung Kyu Ham (Class III, term expiring 2026), Jung Soo Kim (Class I, expiring 2027), Gyeung Seog Cheon (Class II, expiring 2028).
• Compensation: each new director will receive a $20,000 annual retainer and the company will enter standard indemnification agreements; the board also approved a one‑time $20,000 cash payment to each of Dongho Lee, Sangjin Yeo, and outgoing director Aejin Hwang.
• Separation payment: former CFO Seung Ik Baik received $150,000 in connection with his resignation.

Why It Matters Leadership vacancies at the CEO and CFO levels are material corporate governance events that can affect strategy, operations, and investor confidence until successors are named. The appointment of three new directors and the addition of an audit committee member reshapes board composition and oversight. Investors should monitor subsequent announcements for interim management, permanent officer appointments, any changes to financial guidance or operations, and further details on corporate governance or succession plans.