Exicure Receives Nasdaq Extension to Regain Compliance with Stockholders’ Equity Requirement
Exicure has until December 2, 2026 to raise stockholders’ equity to Nasdaq’s required level or face potential delisting action.
Rhea-AI Summary
Exicure (XCUR) received a Nasdaq extension until December 2, 2026 to regain compliance with Nasdaq Listing Rule 5550(b)(1) on minimum stockholders’ equity.
The rule requires at least $2.5 million in stockholders’ equity, and Exicure previously also failed Nasdaq’s alternative continued listing standards based on market value of listed securities or net income from continuing operations. Under the extension, Exicure must complete its compliance initiatives and publicly demonstrate compliance by the deadline. Nasdaq will monitor compliance, and failure to meet the terms may lead to a delisting determination, which Exicure could appeal.
Positive
- Nasdaq extension granted to December 2, 2026 to regain equity compliance
Negative
- Non-compliance with $2.5 million minimum stockholders’ equity requirement
- Previously failed alternative listing standards for market value and net income
- Risk of Nasdaq delisting if compliance is not achieved by the deadline
Details
Market Reaction – XCUR
Following this news, XCUR has declined 6.87%, reflecting a notable negative market reaction. The stock is currently trading at $1.22.
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Key Figures
- Compliance extension deadline
- December 2, 2026
- Deadline to publicly demonstrate compliance with Nasdaq’s equity requirement
- Minimum stockholders’ equity
- $2.5 million
- Nasdaq Listing Rule 5550(b)(1) requirement
Historical Context
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Nasdaq cited failure to meet the $2.5 million stockholders’ equity requirement
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
WILMINGTON, Del., Sept. 16, 2026 (GLOBE NEWSWIRE) -- Exicure, Inc. (Nasdaq: XCUR) (“Exicure” or the “Company”) today announced that, on September 10, 2026, it received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) granting the Company an extension through December 2, 2026 to regain compliance with Nasdaq Listing Rule 5550(b)(1).
As previously disclosed, on June 5, 2026, Nasdaq notified the Company that it did not satisfy Nasdaq Listing Rule 5550(b)(1), which requires a listed company to maintain a minimum of
Under the terms of the extension, the Company must complete its compliance initiatives and publicly demonstrate compliance with the applicable stockholders’ equity requirement on or before December 2, 2026. Nasdaq will continue to monitor the Company’s ongoing compliance with the requirement, including through the Company’s next periodic report.
The Company intends to continue pursuing its compliance initiatives within the extension period. The extension does not constitute a determination that the Company has regained compliance with Nasdaq’s continued listing requirements, and there can be no assurance that the Company will regain or maintain compliance. If the Company does not satisfy the terms of the extension, Nasdaq may issue a written determination to delist the Company’s common stock, which the Company would have the right to appeal to a Nasdaq Hearings Panel.
About Exicure, Inc.
Exicure, Inc. is a biotechnology company currently pursuing strategic initiatives designed to strengthen its financial position, maximize the value of its assets and establish a foundation for future investment and business growth.
Forward-Looking Statements
This press release contains forward-looking statements, including statements regarding the Company’s plans and ability to complete its compliance initiatives and regain and maintain compliance with Nasdaq’s continued listing requirements.
Forward-looking statements are based on the Company’s current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties include the Company’s ability to complete its planned initiatives, Nasdaq’s acceptance of the Company’s evidence of compliance, the Company’s ability to regain and maintain compliance with Nasdaq’s continued listing requirements, and the other risks described in the Company’s filings with the Securities and Exchange Commission.
The Company undertakes no obligation to update any forward-looking statement except as required by applicable law.
Contact
Exicure, Inc.
Email: pr@exicuretx.com
FAQ
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