SC 13G/A 1 d446996dsc13ga.htm SC 13G/A SC 13G/A

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

 

 

Exicure, Inc.

(Name of Issuer)

Common Stock, $0.0001 par value per share

(Title of Class of Securities)

30205M101

(CUSIP Number)

December 31, 2022

(Date of Event Which Requires Filing of This Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed :

☐ Rule 13d-1(b)

☒ Rule 13d-1(c)

☐ Rule 13d-1(d)

 

*

The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act, but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

CUSIP No. 30205M101    SCHEDULE 13G    Page 2 of 9 Pages

 

  1    

  NAMES OF REPORTING PERSON

 

  Double Black Diamond Offshore Ltd.

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☐

 

  3  

  SEC USE ONLY

 

  4  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Cayman Islands

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

    5    

  SOLE VOTING POWER

 

  0

   6  

  SHARED VOTING POWER

 

  212,283

   7  

  SOLE DISPOSITIVE POWER

 

  0

   8  

  SHARED DISPOSITIVE POWER

 

  212,283

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  212,283

10  

  CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

  4.3%

12  

  TYPE OF REPORTING PERSON

 

  CO

 

2

CUSIP No. 30205M101    SCHEDULE 13G    Page 3 of 9 Pages

 

  1    

  NAMES OF REPORTING PERSON

 

  Carlson Capital, L.P.

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☐

 

  3  

  SEC USE ONLY

 

  4  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Delaware

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

    5    

  SOLE VOTING POWER

 

  0

   6  

  SHARED VOTING POWER

 

  212,283

   7  

  SOLE DISPOSITIVE POWER

 

  0

   8  

  SHARED DISPOSITIVE POWER

 

  212,283

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  212,283

10  

  CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

  4.3%

12  

  TYPE OF REPORTING PERSON

 

  PN, IA

 

3

CUSIP No. 30205M101    SCHEDULE 13G    Page 4 of 9 Pages

 

  1    

  NAMES OF REPORTING PERSON

 

  Asgard Investment Corp. II

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☐

 

  3  

  SEC USE ONLY

 

  4  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  Delaware

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

    5    

  SOLE VOTING POWER

 

  0

   6  

  SHARED VOTING POWER

 

  212,283

   7  

  SOLE DISPOSITIVE POWER

 

  0

   8  

  SHARED DISPOSITIVE POWER

 

  212,283

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  212,283

10  

  CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

  4.3%

12  

  TYPE OF REPORTING PERSON

 

  CO

 

4

CUSIP No. 30205M101    SCHEDULE 13G    Page 5 of 9 Pages

 

  1    

  NAMES OF REPORTING PERSON

 

  Clint D. Carlson

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☐

 

  3  

  SEC USE ONLY

 

  4  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  United States

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

    5    

  SOLE VOTING POWER

 

  0

   6  

  SHARED VOTING POWER

 

  212,283

   7  

  SOLE DISPOSITIVE POWER

 

  0

   8  

  SHARED DISPOSITIVE POWER

 

  212,283

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  212,283

10  

  CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

  ☐

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

  4.3%

12  

  TYPE OF REPORTING PERSON

 

  IN

 

5

Explanatory Note:

This Amendment No. 1 (the “Amendment”) ”) amends the initial statement on Schedule 13G originally filed by the Reporting Persons on December 6, 2022. This Amendment is being filed to disclose that the Reporting Persons have ceased to be the beneficial owners of more than five percent of the outstanding shares of Common Stock of the Issuer. This Amendment is the final amendment to the Schedule 13G and constitutes an exit filing for each Reporting Person.

 

Item 1(a).

NAME OF ISSUER

Exicure, Inc., a Delaware corporation (the “Issuer”).

 

6

Item 4.

OWNERSHIP

 

  A.

The Fund:

 

  (a)

Amount beneficially owned: 212,283 shares of Common Stock

 

  (b)

Percent of class: 4.3%

 

  (c)

(i)      Sole power to vote or direct the vote: 0

 

  (ii)

Shared power to vote or direct the vote: 212,283

 

  (iii)

Sole power to dispose or direct the disposition: 0

 

  (iv)

Shared power to dispose or direct the disposition: 212,283

 

  B.

Carlson Capital:

 

  (a)

Amount beneficially owned: 212,283

 

  (b)

Percent of class: 4.3%

 

  (c)

(i)     Sole power to vote or direct the vote: 0

 

  (ii)

Shared power to vote or direct the vote: 212,283

 

  (iii)

Sole power to dispose or direct the disposition: 0

 

  (iv)

Shared power to dispose or direct the disposition: 212,283

 

7

  C.

Asgard II:

 

  (a)

Amount beneficially owned: 212,283

 

  (b)

Percent of class: 4.3%

 

  (c)

(i)     Sole power to vote or direct the vote: 0

 

  (ii)

Shared power to vote or direct the vote: 212,283

 

  (iii)

Sole power to dispose or direct the disposition: 0

 

  (iv)

Shared power to dispose or direct the disposition: 212,283

 

  D.

Mr. Carlson:

 

  (a)

Amount beneficially owned: 212,283

 

  (b)

Percent of class: 4.3%

 

  (c)

(i)     Sole power to vote or direct the vote: 0

 

  (ii)

Shared power to vote or direct the vote: 212,283

 

  (iii)

Sole power to dispose or direct the disposition: 0

 

  (iv)

Shared power to dispose or direct the disposition: 212,283

The percentages reported in this Schedule 13G are based on 4,964,630 shares of Common Stock outstanding as of November 11, 2022, as reported in the Form 10-Q filed by the Issuer on November 14, 2022.

 

Item 5.

OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following  ☒.

 

8

SIGNATURES

After reasonable inquiry and to the best of his or its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

DATED: February 9, 2023

 

DOUBLE BLACK DIAMOND OFFSHORE LTD.
By: Carlson Capital, L.P., its investment manager
By: Asgard Investment Corp. II, its general partner
By:  

/s/ Clint D. Carlson

Name:   Clint D. Carlson
Title:   President
CARLSON CAPITAL, L.P.
By: Asgard Investment Corp. II, its general partner
By:  

/s/ Clint D. Carlson

Name:   Clint D. Carlson
Title:   President
ASGARD INVESTMENT CORP. II
By:  

/s/ Clint D. Carlson

Name:   Clint D. Carlson
Title:   President
CLINT D. CARLSON

/s/ Clint D. Carlson

 

9