What's Going On With Exicure Shares Monday?

Exicure, Inc. XCUR stock is trading higher on Monday after the company entered into debt-for-equity exchange agreements.

What Happened: On Friday, Exicure filed a Form 8-K with the Securities and Exchange Commission that signaled that it entered into debt-for-equity agreements with DGP and another with a separate individual.

DGP, Exicure’s largest shareholder, holds about 35% of outstanding stock. Under the agreement, DGP agreed to pay Exicure the $700,000 principal amount and interest on a promissory note from May. In exchange, DGP will receive 237,233 shares of Exicure’s common stock.

In addition, a separate individual agreed to pay Exicure the $300,000 principal amount along with interest on another promissory note from May. In return, Exicure will issue that individual 101,991 shares of its common stock.

How To Buy Exicure Shares

Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, in Exicure XCUR's case, it is in the Health Care sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.

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XCUR Price Action: At the time of publication, Exicure shares are moving 21.9% higher at $1.94 per data from Benzinga Pro.

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