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Exicure Announces Appointment of Brian C. Bock as Chief Financial Officer (CFO)
CHICAGO & CAMBRIDGE, Mass.--(BUSINESS WIRE)-- Exicure, Inc.® (NASDAQ: XCUR), a pioneer in gene regulatory and immunotherapeutic drugs utilizing spherical
About this update from Exicure, Inc.
[{"type":"text","content":" CHICAGO & CAMBRIDGE, Mass.--(BUSINESS WIRE)--\nExicure, Inc.® (NASDAQ: XCUR), a pioneer in gene regulatory and immunotherapeutic drugs utilizing spherical nucleic acid (SNA™) technology, today announced the appointment of Brian C. Bock as the Company’s Chief Financial Officer (CFO) effective immediately.\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210513006058/en/Brian C. Bock (Photo: Business Wire)\n“Exicure’s proprietary SNA platform technology holds great potential for treating unmet neurological and rare diseases. I am pleased to be joining such a talented and dedicated team,” said Mr. Bock, CFO of Exicure. “I look forward to providing my finance expertise and supporting the Company’s goals and upcoming milestones.”\n\nMr. Bock brings over 20 years of life science investment banking, mergers and acquisitions and partnering experience to the Company. Previously, he served as Managing Director, Healthcare Investment Banking at Lincoln International, leading the firm’s investment banking advisory engagements with early-stage life science companies. Mr. Bock has an extensive history of working in partnership with early to late-stage healthcare clients, public institutional investors, and venture capital and private equity firms. Prior to his time at Lincoln International, Mr. Bock served as Managing Director, Healthcare Investment Banking at JMP Securities and was a member of the Healthcare Investment Banking team at RBC Capital Markets. Mr. Bock earned his B.S. in Finance from Northern Arizona University.\n\n“Brian’s expertise will be an important addition to Exicure as we work to grow the Company’s business strategy and valuation, and I am delighted to have him join our executive team,” said Dr. David Giljohann, Chief Executive Officer of Exicure.\n\nInducement Award\n\nThe Company also announced the grant of an inducement award to Mr. Bock. In connection with his appointment, the Compensation Committee of the Company’s Board of Directors approved a stock option grant to Mr. Bock as an inducement material to Mr. Bock entering into employment with the Company, in accordance with Nasdaq Listing Rule 5635(c)(4). The option provides for the purchase of up to 600,000 shares of the Company’s common stock, at an exercise price of $1.54 per share, the closing price per...