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Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
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SCHEDULE 13D/A 0002046701 XXXXXXXX LIVE 3 Common Stock 01/07/2026 false 0001698530 30205M309 EXICURE, INC. 2430 N. HALSTED ST. CHICAGO IL 60614 Alex Farkas 236-317-6203 Bentall 5, 550 Burrard Street Suite 2501 Vancouver A1 V6B 2B5 0002046701 N Exicure HiTron Inc. OO N M5 2592061.00 0.00 2592061.00 0.00 2592061.00 N 40.7 CO Common Stock EXICURE, INC. 2430 N. HALSTED ST. CHICAGO IL 60614 This Amendment No. 3 (this Amendment) to the statement on Schedule 13D with respect to the beneficial ownership of shares of common stock, par value 0.0001 per share (the Shares) of Exicure, Inc., a Delaware corporation (the Issuer), filed by Exicure HiTron Inc., a South Korean corporation (the Reporting Person), amends and supplements the beneficial ownership statement on Schedule 13D originally filed on November 29, 2024, as amended by Amendment No. 1 to the statement on Schedule 13D filed on March 26, 2025 and as amended by Amendment No. 2 to the statement on Schedule 13D filed on September 9, 2025 (such Schedule 13D and amendments, the Original Statement), as set forth below. All capitalized terms contained herein but not otherwise defined shall have the meanings ascribed to such terms in the Original Statement. Except as specifically amended by this Amendment, items in the Original Statement are unchanged. Item 3 of the Original Statement is hereby amended and supplemented as follows: On January 7, 2026, the Reporting Person completed the Share Transfer (as defined in Item 4 of this Amendment), pursuant to which the Reporting Person transferred an aggregate of 741,272 Shares at a purchase price of $4.50 per Share, or $3,335,724 in the aggregate. Item 4 of the Original Statement is hereby amended and supplemented as follows: The Reporting Person entered into share transfer agreements dated December 30, 2025 (the Share Transfer Agreements) and agreed to transfer (the Share Transfer) an aggregate of 741,272 Shares at a price of $4.50 per Share for aggregate proceeds of $3,335,724, as follows: Name of Transferee Number of Shares Proceeds Im Sung Jin 248,028 $1,116,126 Lee Aram 234,882 $1,056,969 Im Bumjin 258,362 $1,162,629 The Shares reported on this Amendment were transferred The Shares were transferred for liquidity purposes. (a) Item 5(a) of the Original Statement is hereby amended and restated as follows: The percentage of beneficial ownership reported in this Item 5, and on the Reporting Persons cover page to this Amendment, is based on a total of 6,373,869 shares of common stock, which represents the number of shares of common reported as outstanding on November 3, 2025, as reported in the Issuers Form 10Q filed with the Securities and Exchange Commission on November 7, 2025. All of the share numbers reported below, and on the Reporting Persons cover page to this Amendment, are as of January 7, 2026, and give effect to the Share Transfers. The cover page to this Amendment is incorporated by reference in its entirety into this Item 5. The Reporting Person is the beneficial owner of a total of 2,592,061 shares of Common Stock, representing approximately 40.7 percent of the outstanding shares of Common Stock. Item 6 of the Original Statement is hereby supplemented as follows: The Reporting Person entered into Share Transfer Agreements and agreed to transfer an aggregate of 741,272 Shares at a price of $4.50 per Share for aggregate proceeds of $3,335,724, as follows: Name of Transferee Number of Shares Proceeds Im Sung Jin 248,028 $1,116,126 Lee Aram 234,882 $1,056,969 Im Bumjin 258,362 $1,162,629 Exicure HiTron Inc. /s/ Young Chul Han CEO 01/08/2026