10% owner SANGSANGIN divests entire 433.3K share position in XCUR for $3.8M at $8.71; stock now at $5.32 with negative quarterly revenue.
SANGSANGIN INVESTMENT & SECURITIES CO., LTD., a 10% shareholder, executed a complete exit by selling 433,332 shares at $8.71, reducing holdings from 433,332 shares to 0 shares and eliminating its stake entirely. The transaction occurred while the stock trades at $5.32, -78.1% below its 52-week high of $24.25, and in the context of a company reporting $0.00 revenue in the latest quarter and net income of $-2,437,000.00 across a full fiscal year. The combination of a major investor's total divestment and the company's absent revenue alongside significant losses represents a material signal regarding operational performance and stakeholder conviction. The 30-day and 90-day price appreciation (+37.5% and +47.8% respectively) does not alter the fundamental absence of revenue or the timing of this complete exit by a 10% holder.