Exicure, Inc. (XCUR, Financial) recently received a notice from Nasdaq indicating a breach of the Nasdaq Listing Rule 5250(c)(1). The notice, dated May 21, highlights that the company failed to submit its Form 10-Q Quarterly Report for the quarter ending March 31 in a timely manner.
To address this issue, Exicure has been given 60 days to present a corrective plan. Should their proposal be accepted, the company may be allowed an extension up to 180 days from the original due date of the Form 10-Q, pushing the deadline to November 17, to achieve compliance.
