Exicure to Settle GPCR Therapeutics Clinical Milestone Payment Through Equity Issuance
Exicure, Inc. announced it expects to issue 172,058 shares of common stock to GPCR Therapeutics, Inc. during August 2026 to settle a $1.0 million clinical milestone payment obligation under their License and Collaboration Agreement.
Why it matters — XCUR watchers would note the company is meeting a contractual milestone obligation by issuing equity rather than paying cash, which affects its share count.