Exicure, Inc. Announces Investment in Korean SNS Platform Cyworld

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May 04, 2023

Exicure, Inc. (Nasdaq: XCUR), historically an early-stage biotechnology company focused on developing nucleic acid therapies targeting ribonucleic acid against validated targets, today announced that it has invested in Cyworld Z Co. Ltd. (“Cyworld Z”), the operator of a Korean SNS platform "Cyworld" through the purchase of $1 million aggregate principal amount of convertible bonds issued by Cyworld Z. This investment is part of Exicure’s strategy to explore strategic alternatives to maximize stockholder value.