Brief: Exicure Seeks To Raise Capital In Q3 To Fund Operations Through 2024

Exicure

14/07/2023 21:32

July 14 (Reuters) - Exicure Inc  XCUR.O :
    * EXICURE INC - ALREADY ENGAGED IN SIGNIFICANT COST
REDUCTIONS, SO
ABILITY TO FURTHER CUT COSTS AND EXTEND COMPANY'S OPERATING
RUNWAY IS LIMITED
    * EXICURE INC - COMPANY SEEKS TO RAISE CAPITAL IN Q3 OF 2023
TO
FUND ITS OPERATIONS THROUGH 2024
    * EXICURE INC - EXISTING CASH AND CASH EQUIVALENTS WILL FUND
ITS
OPERATING EXPENSES INTO Q4 OF 2023.
    * EXICURE INC - QTRLY LOSS PER SHARE $0.70
    * EXICURE INC - ALREADY ENGAGED IN SIGNIFICANT COST
REDUCTIONS, SO
OUR ABILITY TO FURTHER CUT COSTS AND EXTEND COMPANY'S OPERATING
RUNWAY IS LIMITED
    * EXICURE INC - SUBSTANTIAL ADDITIONAL FINANCING WILL BE
NEEDED BY
COMPANY WITHIN NEXT FEW MONTHS TO PAY EXPENSES

Source text for Eikon:  ID:nBw1zT5cja 
Further company coverage:  XCUR.O 

 ((Reuters.Briefs@thomsonreuters.com;))