secwatch.observer — SEC 8-K summary
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Issuer:     TREVENA INC (—)
CIK:        0001429560
Form:       8-K
Filed at:   2023-09-01T23:59:59+00:00
Accession:  0001104659-23-097788
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1429560/000110465923097788/0001104659-23-097788-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1429560/000110465923097788/tm2323637d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-097788

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