EXICURE, INC. — Form 8-K
Filed September 16, 2026 · analyzed by the 8-K Agent
8-K
▼ Likely negative
significance 89/100
What the filing says
On September 10, 2026, Nasdaq granted Exicure an extension through December 2, 2026 to regain compliance with Listing Rule 5550(b)(1), which requires minimum stockholders' equity of $2.5 million. The company failed this requirement as of June 5, 2026 and also does not meet alternative standards (market value or net income). Failure to demonstrate compliance by the deadline risks written delisting notice and potential loss of Nasdaq listing.
Why this rating
Company market cap $16.4M; $2.5M equity minimum is material. Delisting existential threat to small-cap biotech survival and capital access.
Tradability signal
SHORT
conviction 49/100 · expected -1.98% over 4 hrs
SHORT (drift): bad news keeps sliding after dissemination — our one persistent measured edge. Similar past filings (62 in this cell) moved +2.78% in the called direction over 4 hrs; shrunk for sample size that's a +1.98% edge. Price is down 0.0% since the filing hit EDGAR — the slide has begun. Caution: sub-$5 shorts can be hard to borrow — treat as avoid-longs if no locate. Exit plan: HARD stop 5% against entry — default width (volatility unmeasured), fixed, not trailing (trails test terribly on these names) — time exit 4 hrs.
Derived from this site's own measured outcomes + live price/liquidity at analysis time. An experiment, not investment advice.
Price action (we called it negative)
before filing · preread $1.22 ▲ 0.00% | at our read · unknown $1.22 | +10 min · unknown $1.22 ▲ 0.00% | +30 min · unknown $1.30 ▲ 6.56% | +1 hr · unknown $1.30 ▲ 6.56% | +4 hrs pending |
The stock had already moved -0.00% between hitting EDGAR and our read finishing — deltas above are measured from our read.
Quotes via Yahoo Finance at capture time; for filings arriving outside market hours the clock starts at the next open. Not investment advice. How accurate are our calls? →
See more from September 16, 2026.
EDGAR·FLOW summarizes public SEC EDGAR filings with automated analysis. Materiality scores and stock-impact predictions are algorithmically generated and are not investment advice. Always verify against the source filing on SEC.gov.