Exicure Inc (XCUR)

[adamski]

8k

Item 1.02 Termination of a Material Definitive Agreement

Termination of MidCap Credit Agreement

As previously disclosed, on September 25, 2020, Exicure, Inc. (“Exicure”) and Exicure Operating Company, Exicure’s wholly owned subsidiary (collectively with Exicure, the “Company”), entered into a Credit and Security Agreement (as amended, restated, amended and restated, supplemented or otherwise modified from time to time, the “MidCap Credit Agreement”) with MidCap Financial Trust, as agent, and the lenders party thereto from time to time.

On March 15, 2022, the Company repaid in full all outstanding indebtedness and other obligations under the MidCap Credit Agreement and other Financing Documents (as defined in the MidCap Credit Agreement) and terminated all obligations thereunder (other than with respect to any obligations that are expressly specified to survive the termination).