---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-097788"
form_type: "8-K"
ticker: null
cik: "0001429560"
company_name: "TREVENA INC"
filed_at: "2023-09-01T23:59:59+00:00"
generated_at: "2026-06-11T00:26:56.296524+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Trevena receives Nasdaq bid price deficiency notice; 180 days to regain compliance

## Summary
- Received Nasdaq notice on Sept 1, 2023 for bid price below $1.00 for 30 consecutive business days.
- Stock continues trading under TRVN on Nasdaq Capital Market.
- Has 180 days, until Feb 28, 2024, to regain compliance by closing at $1.00 for 10 consecutive days.
- If not compliant by Feb 28, may be eligible for additional 180-day period if meets other listing standards and intends reverse split.
- Company monitoring options; no assurance of regaining compliance.

## SEC filing metadata
- accession: 0001104659-23-097788
- form_type: 8-K
- cik: 0001429560
- company_name: TREVENA INC
- filed_at: 2023-09-01T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1429560/000110465923097788/0001104659-23-097788-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1429560/000110465923097788/tm2323637d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-097788
- JSON: https://secwatch.observer/filing/0001104659-23-097788.json
- Plain text: https://secwatch.observer/filing/0001104659-23-097788.txt

## Key facts
- Listing & Compliance Notices
  TREVENA INC received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2)
  source text: September 1, 2023, Trevena, Inc. (the “Company”) received a letter (the “Notice”) from the Listing Qualifications Department (the “Staff”) of the Nasdaq Stock Market indicating that, for the last 30 consecutive business days, the bid price for the Company’s common stock had closed below the minimum $1.00 per share required for continued inclusion on The Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Requirement”). The Notice has no effect at this time on the listing of the Company’s common stock, which will continue to trade on The Nasdaq Capital Market under the sy
  evidence_url: https://www.sec.gov/Archives/edgar/data/1429560/000110465923097788/0001104659-23-097788-index.htm
- Listing & Compliance Notices
  TREVENA INC received a nasdaq extension granted notice regarding minimum bid price (rules 5810(c)(3)(A)).
  - Exchange: nasdaq
  - Notice: extension granted
  - Deficiency: minimum bid price
  - Rules: 5810(c)(3)(A)
  source text: September 1, 2023, Trevena, Inc. (the “Company”) received a letter (the “Notice”) from the Listing Qualifications Department (the “Staff”) of the Nasdaq Stock Market indicating that, for the last 30 consecutive business days, the bid price for the Company’s common stock had closed below the minimum $1.00 per share required for continued inclusion on The Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Requirement”). The Notice has no effect at this time on the listing of the Company’s common stock, which will continue to trade on The Nasdaq Capital Market under the sy
  evidence_url: https://www.sec.gov/Archives/edgar/data/1429560/000110465923097788/0001104659-23-097788-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.