CBI USA, Inc. 4
4 · EXICURE, INC. · Filed Mar 9, 2023
Insider Transaction Report
Form 4
EXICURE, INC.XCUR
CBI USA, Inc.
10% Owner
Transactions
- Other
CBI USA, Inc. 1st Bearer-type Interest Unsecured Private
2023-02-22$5440000.00/sh−5,440,000$29,593,600,000,000→ 5,440,000 totalExercise: $1.60From: 2023-05-22Exp: 2025-02-22→ Common Stock (3,400,000 underlying)
Footnotes (1)
- [F1]Reporting Person obtained loan from an affiliate in the form of an exchangeable bond in the principal amount of $5,440,000. Lender will have the option to exchange the note for 3,400,000 shares of Common Stock (at fixed conversion price of $1.60 per share) from three months after issuance to five business days before the maturity date. The Reporting Person intends to repay the note prior to lender exercising the exchange option.